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KUBI GOLD MINE OPTION “Why Gold?” “Why Kubi?” “Why Asante?”
UPDATE January 2016
CSE: ASE FRANKFURT:1A9
KUBI GOLD MINE OPTION Why Gold? Why Kubi? Why Asante? UPDATE - - PowerPoint PPT Presentation
KUBI GOLD MINE OPTION Why Gold? Why Kubi? Why Asante? UPDATE January 2016 CSE: ASE FRANKFURT:1A9 1 WHY GOLD? . a risk free asset in a World full of risk Money is gold, and nothing else. JP Morgan, Dec 1912 I
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CSE: ASE FRANKFURT:1A9
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Door relief, Summer Palace, St. Petersburg Canon, Golden Domes, Kremlin, Moscow
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Clockwise from upper left: Hellenistic Period Medallion ~220 BC*; Ghana Ashanti Golden Eagle Staff circa ~1880; gold bars; Greek Bracelet ~350BC*; Urals Gold Nugget**; Gold Solidus Justinian 1st ~527 AD; (*Altes Museum Berlin **Gold in Urals)
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Since 1998 60% to 75% REAL ‘Money Loss’ in Government Currency relative to gold
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Best entry point to gold shares in 70 years
Turmoil in World Financial System 1971 Nixon ends gold backed US$
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Financial District Shanghai
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(data source http://www.usfunds. com/interactive/the- periodic-table-of- commodities- returns-2014/#peri)
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AngloGold Obuasi Mine Kubi Mine
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41 years’ mineral exploration experience, last 23 years in West Africa; responsible for discovery and acquisition of significant gold deposits in Canada and in Ghana including, as former CEO of PMI Gold Corporation, the +5 million ounce Asanko (Obotan) mine in Ghana. MD Goknet Mining Company Limited. Resident of Vancouver.
Investment Banking Department, as an analyst, Associate and VP involved in public and private equity offerings, valuations, fairness opinions, and merger and acquisition advisory work. He was the Lead banker on numerous financings and complex M&A transactions. Resident of Vancouver.
Former Mine Manager at AngloGold Ashanti Obuasi Mine with 30 years experience in mine operations, planning, production and management. At Obuasi he managed a workforce of over a thousand employees with an annual budget of US$100
Former Investment Banker in Vienna, Austria and New York; 30 years’ corporate experience as Director and Officer of Canadian listed companies; 25 years experience in Ghana resource development; responsible for successfully introducing Canadian resource companies to European investors. Resident of Vienna.
Africa and South America. Currently the interim CEO of Kilo Goldmines Ltd., and CFO Macusani Yellowcake Inc. Formerly CFO
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Suite 206, 595 Howe Street Vancouver, BC, V6C 2T5
Tel: +1 604 558 1134 Fax: +1 604 558 1136 CAN/US Toll Free: +1 877 339 7525
Douglas MacQuarrie, President & CEO
Tel: + 1 604 710 8442 Email: douglas@asantegold.com
Bashir Ahmed, VP Production & Development
Tel: +233 244 331 486 Email: bashir@asantegold.com
P.O. Box 9311, Airport, Accra, Ghana
Tel: +233 (0)207 345194 Mobile: +233 (0)244 331486
Florian Riedl-Riedenstein
Email: frram@aon.at Web: www.asantegold.com Email: info@asantegold.com CSE Exchange Symbol: ASE Frankfurt Exchange Symbol : 1A9
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THE INFORMATION IN THIS POWERPOINT IS PROVIDED FOR INFORMATION PURPOSES ONLY. CAUTIONARY STATEMENT ON FORWARD-LOOKING INFORMATION This presentation contains statements of forward-looking information (or "FLI") including those in respect of future exploration, development, permitting and mining at Kubi and the other properties in which the Company has an interest, financings, operation of the joint venture and timing for exchange approval and closing. FLI involves risks and uncertainties which could cause actual results to vary from the FLI. The risk factors that could cause actual results to differ materially include: the risk of failure to obtain sufficient financing; the inherent risks involved in the exploration and development of mineral properties; the uncertainties involved in interpreting drill results and other exploration data; the potential for delays in exploration or development activities; the geology, grade and continuity of mineralization; the possibility that future exploration, development or mining results will not be consistent with the Company’s expectations; accidents, equipment breakdowns, labor disputes or other unanticipated difficulties with or interruptions in production and operations; fluctuating prices of metals and other commodities; currency fluctuations; the possibility of project cost overruns or unanticipated costs and expenses; uncertainties relating to the availability and costs of financing needed in the future; the inherent uncertainty of production and cost estimates and the potential for unexpected costs and expenses; regulatory restrictions, including environmental regulatory restrictions and liability and the lack of any assurance that the Company will receive all of the necessary governmental and/or exchange approvals to proceed with the development of its
the previously successful permitting, mining, trucking and milling operations at Kubi, the local availability of skilled labor, plant and machinery, and the positive results from previous metallurgical tests on the Kubi primary ore. The Company undertakes no obligation to update FLI except as required by applicable law. Such information represents management's best judgment based on information currently available. Readers are advised not to place undue reliance on FLI. Other information Where we say "we", "us", "our", the "Company", or “Asante" in this presentation, we mean Asante Gold Corporation and/or one or more or all of its subsidiaries, as may be applicable. The technical information contained in this presentation has been prepared under the supervision of and verified by Douglas R. MacQuarrie, the President and a Director of the Company who is a “Qualified Person” within the meaning of National Instrument 43-101 (“NI 43- 101”). Certain of the directors and officers of Asante Gold Corporation also act as Directors or Officers of other companies, and therefore may not apply 100% of their time to the business of Asante Gold Corporation. Kubi Mineral Resource Estimate at the Kubi Main Deposit, Ghana, are based on a resource estimate that has been prepared by SEMS Exploration Services Ltd., of Accra, Ghana, and which is filed on SEDAR. For the purposes of this presentation it is noted that mineral resources that are not mineral reserves do not have demonstrated economic viability. Africa map courtesy www.geographicquide.com.
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