Asante Gold Corporation announced that David Anthony has been appointed President and CEO replacing Douglas MacQuarrie who has been appointed non-executive Chairman of the Company. David Anthony has +40 years' experience in mine project development and operation. His experience includes mine and process plant design, permitting, construction and operation.

He has also worked in Canada, Ecuador, Brazil, Indonesia, Chile and Argentina to design, deliver and operate open pit and underground mine assets with CAPEX from $100 million to $3.6 billion and with total material movement to 65 million tonnes per year. Mr. Anthony joined Asante as Chief Operating Officer (“COO”) in July 2021 responsible to build and lead the Company operations team to refurbish the Bibiani Mine and to become a significant gold producer. Before joining Asante he was COO of Cardinal Resources Limited, which developed the 5 million oz (reserve) Namdini gold deposit and project execution plan, prior to its purchase by Shandong Gold for more than US$500 million.

Previous positions include working with Barrick in Africa for 10 years where he became COO of African Barrick Gold. Douglas MacQuarrie founded the Company in 2011 and has served since then as its President and CEO. Mr. MacQuarrie's vision was to build a ‘flag bearer' Ghanaian gold mining company and with Bibiani Mine on the verge of production, that vision has become a reality.