Mining contractor tenders had been invited and mobilization is anticipated for early subsequent 12 months, Asante mentioned.
Greater than 200 folks had been on web site final month and the corporate mentioned the method plant refurbishment was barely forward of schedule and on price range.
Asante goals to provide about 190,000 ounces of gold within the first 12 months of operation, ramping as much as 240,000 ounces yearly for no less than six years.
Based mostly on an up to date feasibility research launched by Resolute in July 2018, Bibiani has the potential to generate about 100,000 ounces of gold per 12 months over a ten-year mine life at a life-of-mine all-in sustaining price of $764 per ounce.
The junior is now getting ready a brand new NI 43-101 mine improvement technical report based mostly on an open pit mannequin, which is slated for supply within the second quarter. Asante has sturdy ties to Ghana, with Ghanaian residents holding a big shareholding, in addition to board and govt roles.