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")
announces that it has acquired a 2% net smelter returns royalty ('NSR') interest
in the SENECA 1 to 8 claims, Harrison Lake area, British Columbia, CANADA (the
'NSS Property'). 


The NSS Property consists of 201 units covering an area of 4,231 hectares. It
surrounds four claims that cover the historical Seneca Deposit and two claims
that cover the Vent Zone (these six third party claims total 150 hectares and
are referred to as the 'Adjacent Property'). Neither the Seneca Deposit nor the
Vent Zone are a part of the NSS Property or the NSR royalty. 


The Seneca Deposit and the general area have been the subject of considerable
mineral exploration since the 1920s when Kuroko style massive sulfide Au, Ag,
Cu, Pb and Zn mineralization was first discovered. Since then, major mining
companies including Noranda, Cominco, Chevron, BP Selco, and Minnova and several
junior explorers have at various times held options and explored the claims
area. Published historical non NI 43-101 compliant resources for the Adjacent
Property on which the Seneca Deposit is located are 1.506 million tonnes at 0.82
g/t Au, 41.13 g/t Ag, 0.63% Cu, 0.15% Pb, and 3.57% Zn. 


Based on assessment reports filed with the BC Ministry of Energy and Mines,
numerous drill holes, geochemical, ground and airborne geophysical surveys have
been completed. Drilling at the 'Fleetwood zone' (which is on 100% owned NSS
Property located 3.0 km northwest of the Seneca Deposit) reported 31.2 metres of
stockwork type mineralization at a depth of 153 metres grading 2.1 % Zn, 0.3%
Cu, 0.1% Pb, 8.1 g/t Ag and 0.1 g/t Au; and at the 33 Zone located 350 metres to
the southwest, a 2 metre drill intersection of massive Zn and Cu sulfides was
noted. Technical information contained in this news release has been reviewed
and approved by Douglas R. MacQuarrie, P.Geo. (B.C.) Geology & Geophysics, the
President and CEO of the Company, who is a "qualified person" under NI 43-101. 


The royalty was acquired from NSS Resources Inc., a private British Columbia
company, pursuant to a finder's fee agreement. NSS Resources Inc. and the
Company have two common directors. 


On behalf of the Board,

Douglas R. MacQuarrie, President and CEO

About Asante Gold Corporation 

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

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that
term is defined in the policies of the TSX Venture Exchange) accepts
responsibility for the adequacy or accuracy of this release.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Asante Gold Corporation
Douglas MacQuarrie
President
+1 604-558-1134
douglas@asantegold.com


Asante Gold Corporation
Jag Sandhu
Director, Corporate Development
+1 604-306-1950


Asante Gold Corporation
Doreen Kent
Shareholder Communications
+1 604-948-9450
d.kent@eastlink.ca


Asante Gold Corporation
Kirsti Mattson
Media Relations
+1 778-434-2241
kirsti.mattson@gmail.com


Asante Gold Corporation - Europe
Florian Riedl-Riedenstein
Director
frram@aon.net
www.asantegold.com

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