Asante Gold Corporation_News Media Flash_April 14, 2020

Apr 14, 2020

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ASANTE GOLD – NEWS MEDIA FLASH

FOR IMMEDIATE RELEASE                                                 SHARES ISSUED:  66,545,757

 

Vancouver, British Columbia – April 13, 2020 – Asante Gold Corporation

 (CSE:ASE/ FRANKFURT:1A9/ U.S.OTC:ASGOF)

Dear Shareholders and Interested Followers:

We would like to take this opportunity to extend our sincere wishes that all our shareholders, employees and their families, wherever you are in the World, remain healthy and safe in these very challenging times.

As many of us are in “lockdown and physically distancing”, and have a bit of time on our hands, we have put together here our recent media interviews and some links of interest:

 

Chris Marcus of Arcadia Economics interviews Asante CEO:

https://www.youtube.com/watch?v=vwnFgyAYeRo

 

April 9 Northern Miner interview by Daniel Sekulich, Business Writer - The Northern Miner – update on SMD Technology:

https://www.northernminer.com/technology/disruptive-technology-offers-potential-for-gold-miners/1003815753/

 

Latest presentation from Novamera Inc., on their commercialization of SMD - mining by big bore drilling:

https://e65befb0-e7db-4725-a935-190c052ae851.filesusr.com/ugd/839c11_4fa46028c6504e2d9b6a2fec7cb39f5d.pdf

 

Asante Gold Banner - sponsored on GATA.org website – a great source of information for all gold investors:

http://www.gata.org/

With multi - trillions of dollars of emergency funding being printed to fill in gaping holes in World GDP as a result of the devastating COVID-19 pandemic, we expect Worldwide currency debasement to rapidly accelerate. Over time, paper money will buy less and less real goods, as most of us are already observing every trip to the store.

The only real money that carries built in insurance to such debasement, and that has no counter-party risk, is gold bullion in your safe possession. Second best is owning a share of real gold stored safely in the ground – in the drilled off reserves and resources of gold mining/development companies (PCF Capital Group has recently noted that they observe a relationship between the Enterprise value (EV) of a listed gold company and the gold price less it’s All in Sustaining Costs (AISC) based on its gold reserves, see:  http://www.pcfcapital.com.au/ ).

We wonder not if but when investors in gold ETF’s will realize that their “gold” investment is really just a gold derivative – paper gold - and not really personally obtainable, deliverable, gold?

Physical gold is very limited in supply and its price must increase when demand rises. Paper fiat money is unlimited and must eventually become worthless. Digital coins are at best just a speculation. There is no question which ‘asset class’ will survive a financial meltdown. Gold has already proven that for more than 5,000 years, and still does.

On behalf of the Board,

"Douglas R. MacQuarrie"

President and CEO

About Asante Gold Corporation

Asante is continuing to source funding to expand and develop its Kubi Gold project to production, and is exploring the Keyhole, Fahiakoba and Betenase concessions/options for new discoveries, all adjoining or along strike of major gold mines near the centre of Ghana’s Golden Triangle.

For further information please contact:

Douglas MacQuarrie, President and CEO, tel: +1 604-558-1134; E-mail: href="mailto:douglas@asantegold.com">douglas@asantegold.com

Valentina Gvozdeva, Business Development, E-mail: href="mailto:valentina@asantegold.com">valentina@asantegold.com

Florian Riedl-Riedenstein, Director; European Investor Relations, E-mail:  href="mailto:frram@aon.net">frram@aon.net

Doreen Kent, Shareholder Communications, tel: +1 604-948-9450; E-mail:  href="mailto:d.kent@eastlink.ca">d.kent@eastlink.ca

Additional information is available on our web site at:  www.asantegold.com

LEI Number: 529900F9PV1G9S5YD446.  Neither IIROC nor any stock exchange or other securities regulatory authority accepts responsibility for the adequacy or accuracy of this release.

 

URL : http://www.asantegold.com/

Contact Information:

+1 604-558-1134


Tags: English, Gold,Mining,Precious,Metals,Mining,Technologies,Gold,Junior,Mining,Investment