Asanko gold mine produces its first gold

Asanko Gold Mine has produced its first gold as the newest gold mine in Ghana.

Phase one of the mining project has produced 400 ounces of gold with the entire operation beginning a month ahead of schedule.

"I am proud to announce that the Asanko Gold Mine is officially the newest producing gold mine in Ghana, with Phase 1 successfully built within our capital budget and commissioned one month ahead of schedule," Peter Breese, president and CEO of Asanko Gold Inc., said. "As we embark on a new chapter for Asanko, I'd like to thank the government and our stakeholders in Ghana for all their assistance in facilitating our transition from explorer to producer. In addition I would like to commend my team, our EPCM contractor DRA Global and all the thousands of construction and service sub-contractors for delivering a well-executed project over the past 18 months." 

Asanko's flagship project is the Asanko Gold Mine. The company aims to ramp up to a steady production rate of 190,000 ounces per year in the second quarter of 2016.