Ashanti Gold Corp To Exercise Anumso Earn-In Option For 51%

Goldplat plc / Ticker: GDP / Index: AIM / Sector: Mining & Exploration
5 November 2018
Goldplat plc ('Goldplat' or 'the Company')
Ashanti Gold Corp to exercise Anumso Earn-in Option for 51%

Goldplat, the AIM quoted gold producer with international gold recovery operations located in South Africa and Ghana and a gold mine in Kenya, notes the announcement released by Ashanti Gold Corp. (‘Ashanti’) in relation to Goldplat’s Anumso Gold Project in Ghana (‘Anumso’), in which Ashanti has decided to use its right to exercise an earn-in option for 51% of Anumso. Goldplat is currently conducting a review of Ashanti’s work on the licence as a formal part of the earn-in agreement and both parties are working on a development plan to further advance Anumso.

Gerard Kisbey-Green, CEO of Goldplat, said, “I am delighted that Ashanti has elected to exercise their option over Anumso, validating their confidence in the project. We have worked well with Ashanti to date and I believe that the partnership has, and will continue to add value to the asset, and more importantly, to our shareholders and to all other stakeholders including the local community.”

To read the full announcement released by Ashanti in compliance with NI 43-101, please visit Ashanti’s website: https://www.ashantigoldcorp.com/news/2018/ashanti-to-exercise-anumso-earn-in-option-for-51.

Gerard Kisbey-Green CEO Goldplat plc Tel: +27 (71) 8915775
Colin Aaronson / Daniel Bush Grant Thornton UK LLP (Nominated Adviser) Tel: +44 (0) 20 7383 5100
James Joyce / Jessica Cave WH Ireland Limited (Broker) Tel: +44 (0) 207 220 1666
Charlotte Page / Susie Geliher St Brides Partners Ltd (Financial PR) Tel: +44 (0) 20 7236 1177