Amansie Project Produces First Gold

Kumasi (Ash), June 11, - The Obotan Gold Project of Amansie Resources Limited in the Ashanti region began production two weeks ago. A press statement issued today by Resolute Limited, the Australian parent company of Amansie Resources Limited said the mine is estimated to produce at an initial rate of 126,000 ounces per annum. The statement signed by Mr Keith Baptist, Chief Financial Officer/Director, said the gold production,''brings to a successful completion the development phase of Obotan, delivered ahead of schedule and under budget''. The design, construction and commissioning of the project were completed under eight months. ''The significant achievement highlights the dedicated professionalism of both the development and operational staff at the project'', the statement added. Mr David Cairns, Resolute's Director of Development, expressed appreciation to governmental agencies which created the enabling environment for the project to proceed. The Obotan Project is located near Manso Nkran in the Amansie West district of the Ashanti region and has about 350 employees and contractors.

Kumasi (Ash), June 11, - The Obotan Gold Project of Amansie Resources Limited in the Ashanti region began production two weeks ago. A press statement issued today by Resolute Limited, the Australian parent company of Amansie Resources Limited said the mine is estimated to produce at an initial rate of 126,000 ounces per annum. The statement signed by Mr Keith Baptist, Chief Financial Officer/Director, said the gold production,''brings to a successful completion the development phase of Obotan, delivered ahead of schedule and under budget''. The design, construction and commissioning of the project were completed under eight months. ''The significant achievement highlights the dedicated professionalism of both the development and operational staff at the project'', the statement added. Mr David Cairns, Resolute's Director of Development, expressed appreciation to governmental agencies which created the enabling environment for the project to proceed. The Obotan Project is located near Manso Nkran in the Amansie West district of the Ashanti region and has about 350 employees and contractors.