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AKG

Asanko Gold

$0.64 /

+0.0047 (+0.74%)

, GFI

Gold Fields

$3.86 /

-0.03 (-0.77%)

07:05
04/08/19
04/08
07:05
04/08/19
07:05

Asanko Gold reports initial drill results from Tontokrom exploration target

Asanko Gold (AKG) announced initial drill results from the Tontokrom exploration target, part of the Asanko Gold Mine concession area in Ghana, West Africa. The AGM is a 50:50 joint venture with Gold Fields Ltd (GFI) which is managed and operated by Asanko. Drilling Highlights: Hole TTPC19-001 intersected 13.0m at 2.62 grams per tonne gold from 128m; Hole TTPC19-002 intersected 22.0m at 1.24 grams per tonne gold from 156m; Hole TTPC19-002 intersected 39.0m at 1.82 grams per tonne gold from 189m. Commenting on the drilling program, Greg McCunn, CEO said: "The results from the Phase 1 drilling program at Tontokrom are very encouraging, with results from six of the nine holes drilled confirming the consistency of mineralization along the shear corridor. We believe there is a strong potential for a major discovery at the South Camp and I'm pleased to see the commitment to exploration by our joint venture. We will shortly commence initial drilling on our second target, Fromenda, where historical drilling by a previous owner shows significant promise. The planned 5,000 meter program is designed to both confirm and expand upon previous drilling."

AKG

Asanko Gold

$0.64 /

+0.0047 (+0.74%)

GFI

Gold Fields

$3.86 /

-0.03 (-0.77%)

AKG Asanko Gold
$0.64 /

+0.0047 (+0.74%)

GFI Gold Fields
$3.86 /

-0.03 (-0.77%)

04/01/19 RBC Capital
Gold Fields price target raised to ZAR6,300 from ZAR5,800 at RBC Capital
02/21/19 JPMorgan
Gold Fields downgraded to Neutral from Overweight at JPMorgan
01/31/19 Morgan Stanley
Gold Fields downgraded to Underweight from Equal Weight at Morgan Stanley
12/10/18
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