Asante Gold Corporation: Early Warning Report

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")
announces that Douglas MacQuarrie, directly and indirectly has acquired
1,000,000 common shares by the exercise of warrants at a price of $0.25 per
share. The shares were purchased for investment purposes. 


Following the above-mentioned transactions, Douglas MacQuarrie beneficially
owns, directly or indirectly, 4,474,000 common shares; 250,000 share purchase
warrants and 300,000 stock options, which upon exercise of such warrants and
stock options, represents approximately 22.77% of the issued and outstanding
common shares of the Company on a partially diluted basis. 


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 royalty and 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 315,000 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.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Asante Gold Corporation
Douglas MacQuarrie
President
604-558-1134
douglas@asantegold.com


Asante Gold Corporation
Jag Sandhu
Director, Corporate Development
604-306-1950


Asante Gold Corporation
Doreen Kent
Shareholder Communications
604-948-9450
d.kent@eastlink.ca


Asante Gold Corporation
Kirsti Mattson
Media Relations
778-434-2241
kirsti.mattson@gmail.com


Asante Gold Corporation - Europe
Florian Riedl-Riedenstein
Director
+43 2774 28814
frram@aon.net

(TSXV:ASE)
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