Galantas Gold secures final Andacollo permit

Asante Gold Corporation announced on August 20, 2026 that Chile's Chile — National Geology and Mining Service (SERNAGEOMIN) approved the amendment for operational reactivation of the Ripios Dumps at the Andacollo Gold Project in the Chile — Coquimbo Region. This approval, the final key permitting requirement, extends the permit for continued operation of the Ripios Dumps VII, VIII, and IX facilities, which retain approximately 16.4 million tonnes of authorized capacity (81% of total). Combined with earlier approvals announced on August 5 and 6, 2026, Galantas now holds all key regulatory approvals to resume operations under the previously approved mine design, waste-disposal configuration, heap-leach facilities, and safety conditions. The authorized operating period extends for four years from commencement of mineral extraction or until remaining tonnage/capacity is reached. The company continues engineering, procurement, and operational-readiness activities, prioritizing local employment in Andacollo. Galantas acquired the Andacollo property in June 2026. The project, an open-pit heap leach mine that produced 1.12 million ounces of gold between 1995 and 2017, is located beside Teck Resources' Carmen de Andacollo copper mine. The company has not yet made a production decision, subject to financing and board approval. Additionally, COO Brendan Morris resigned, remaining as a consultant.