ASE

THIS NEWS RELEASE IS NOT FOR DISTRIBUTION IN THE UNITED STATES OR TO U.S. NEWS
AGENCIES


Asante Gold Corporation (TSX VENTURE:ASE)(FRANKFURT:1A9) (the "Company") has
received final assays from a 1,200 hole soil auger program on the Fahiakoba
concession in Ghana, West Africa.


Drilling has now commenced, targeting six anomalous gold trends in the north
eastern part of the concession. The targets have strike lengths from 200 metres
to 600 metres and are co-incident with structural "breaks" that have been
interpreted from airborne and ground geophysical surveys. Gold mineralization in
Ghana is often related to the intersection of regional NE trending geology with
EW and NS deep seated structural trends.


Auger holes were drilled to depths of approx. 7 metres to test for blind gold
mineralization in weathered bedrock (saprolite) below widespread alluvial cover.
Anomalous gold values range from 25 to 650 ppb, with background levels of 10 ppb
Au or less (please refer to a plan map of the anomalous gold trends at:
http://www.asantegold.com/i/pdf/nr/NR17Sep12Maps.pdf).


On behalf of the Board,

Douglas R. MacQuarrie, President & CEO

About Asante Gold Corporation

Asante Gold Corporation (TSX VENTURE:ASE)(FRANKFURT:1A9) is a Vancouver-based
gold exploration company, exploring the Fahiakoba Concession located in the
centre of Ghana's Golden Triangle between Perseus Mining's 280,000 oz Au per
year Edikan mine, and AngloGold Ashanti's 350,000 oz Au per year Obuasi mine.


This news release contains forward-looking statements which involve known and
unknown risks, delays and uncertainties not under the Company's control which
may cause actual results, performance or achievements of the Company to be
materially different from the results, performance or expectations implied by
these forward-looking statements. We Seek Safe Harbour.

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