Ashanti Gold Corp. announced additional new results from Gourbassi West. These most recent drill hole results were part of a recently completed 105 hole Reverse Circulation (“RC”) and Diamond Drill (“DD”), 12,283 metre drill program that tested mineralization on the Kossanto East Project (the “Property”) in western Mali. Results presented here are from section 1485800, south of sections. The mineralized zones in these sections demonstrate strike continuity of mineralization and coherence of interpreted thrust faults and their relationship to mineralization. These results also support and expand on previously interpreted mineralized zones dipping moderately to the west. Importantly, as to develop the company's understanding of the mineralization, it is becoming increasingly apparent that there are numerous zones of mineralization associated with stacked thrust faults. In this section alone, the combined width of mineralized zones is approximately 130m. If mineralized zones to the north continue to this section, there is potential for an additional 100m of mineralized width. Gourbassi West is the second of two principle areas of mineralization being investigated by the company at Kossanto East. The target consists of gold mineralization associated with silicified, brecciated felsic volcanic rocks along a northwest trending structural zone for over 1,200m of strike length. 2018 diamond drilling revealed that the silicified brecciated volcanic rocks that host most of the gold mineralization are associated with shallow to moderately west dipping thrust faults. Sedimentary rocks that are younger than the host volcanic rocks and occur to the east of mineralization are in fault contact with, and are overlain by older volcanic rocks. This is a classic ‘older over younger’ thrust fault structural relation. Repetition of this pattern reveals that mineralization is associated with cross-cutting and stacked thrust surfaces.