Asanko Gold mine approved for construction Asanko Gold announced that the board has made a positive financial investment decision to proceed with the construction of Phase 1 of the Asanko Gold Mine in Ghana. Phase 1 is based on the construction of the Obotan Gold Project which was acquired during the takeover of PMI Gold Corporation in February. Phase 2 anticipates the inclusion of the adjacent Esaase deposit. Early works at the project site has been underway since April in preparation for a positive investment decision with progress on schedule. Project construction will commence shortly, with ground breaking expected within the next month. First gold is targeted in 1Q16, with steady stage production anticipated in 2Q16.