Asante Gold Provides Update on Bibiani Sulphide Treatment Plant Ramp-Up

Core Insights - Asante Gold Corporation has successfully ramped up operations at the new sulphide treatment plant at the Bibiani Gold Mine in Ghana, achieving continuous 24-hour operation since September 29, 2025 [1][7] - The gold recovery rate at the sulphide treatment plant has improved significantly from 60% to over 90%, with an overall gold recovery of 82%, and the company aims to reach approximately 92% recovery soon [3][8] Operational Updates - The oxygen plant became operational on December 3, 2025, which has contributed to the optimization of the gold recovery process [3] - The sulphide treatment plant has a nameplate capacity of approximately 4.0 million tonnes per year (Mt/y), with plans to increase processing capacity from 3.2 million tonnes per year [3][8] - Near-term objectives include achieving the targeted ~92% gold recovery and increasing throughput to the design capacity of 4.0 million tonnes per year by Q2 2026 [8] Company Overview - Asante Gold Corporation operates the Bibiani and Chirano Gold Mines and is engaged in exploration at the Kubi Gold Project, with all projects located in Ghana's prolific gold belts [5] - The company is also exploring additional projects such as Keyhole, Fahiakoba, and Betenase for new gold discoveries [5]