Update: Asanko Gold Reports Positive Metallurgical Results At Its Newly Discovered Dynamite Hill Deposit
Ben Kramer-Miller • Tue, Jul. 29
- Asanko Gold announced that the ore found at its newly discovered Dynamite Hill Deposit - found on its Asanko Complex - is similar to the rest of the gold the company plans on mining.
- The company expects to start mining this gold in about a year, bringing production ahead of schedule.
- While I discussed the potential for exploration success in my January article, I had not anticipated the Dynamite Hill discovery, or its immediate impact on the company's near-term cash-flow.
- While the stock has risen substantially in the past 6 months or so I remain bullish, and this update bolsters my enthusiasm for the shares.