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AKG - Asanko Gold: I'm Getting More Bullish Due To Life Of Mine Plan Details
Asanko Gold Inc.
Asanko Gold (AKG) has recently released the updated mineral reserve estimate, which contained new information regarding the company’s life of mine plan for the Asanko Gold Mine. As I wrote in my previous article on the company, the updated life of mine plan was the critical catalyst that had the potential to move the company’s stock. Without further ado, let’s look at the new plan.
Asanko Gold estimates that the mine will produce 2.1 million ounces of gold over an expected 10-year life of mine at projected all-in sustaining costs (AISC) of $1135