09:46 AM EST - Asanko Gold Inc. : provided a construction update on its fully funded Phase 1 project of the Asanko Gold Mine in Ghana. Phase 1 will be a low cost, long life mine producing 190,000 ounces of gold per annum at steady state, with the first gold pour on track for Q1 2016. Project construction continues to advance rapidly and is on schedule with 43% of the overall project complete, as at the end of March 2015. Plant earthworks are nearing completion at 95% and concrete civils at 41% are well advanced. Procurement is 76% complete. $67 million U.S. has been spent with an additional $147 million U.S. committed out of the total capital budget of $295 million U.S. Asanko Gold Inc.
shares T.AKG are trading down $0.01 at $1.89.
