Buz Investors Japan Begins QE Tapering With the Fed expected to further tighten financial conditions following its now guaranteed March 15 rate hike, and the ECB recently announcing the tapering of its QE program from €80 to €60 billion monthly having

Japan Begins QE Tapering: BOJ Hints It May Purchase 18% Less Bonds Than Planned

Japan Begins QE Tapering: BOJ Hints It May Purchase 18% Less Bonds Than Planned

Buz Investors Japan Begins QE Tapering With the Fed expected to further tighten financial conditions following its now guaranteed March 15 rate hike, and the ECB recently announcing the tapering of its QE program from €80 to €60 billion monthly having

Buz Investors Japan Begins QE Tapering With the Fed expected to further tighten financial conditions following its now guaranteed March 15 rate hike, and the ECB recently announcing the tapering of its QE program from €80 to €60 billion monthly having run into a substantial scarcity of eligible collateral, the third big central bank – the BOJ – appears to have also quietly commenced its own monteary tightening because, as Bloomberg calculates looking at the BOJ’s latest bond-purchase plan, the central bank is on track to miss an annual target, by a substantial margin, prompting investor concerns that the BOJ has commenced its own “stealth tapering.” While in recent



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Japan Begins QE Tapering

Some more details: the central bank forecast purchases of 8.9 trillion yen in bonds in March, based on the midpoint of ranges supplied in the operation plan. Maintaining that pace for 12 months will see it accumulate about 107 trillion yen of debt. At the same time, 41 trillion yen of existing holdings will mature, leaving it with a net increase of 66 trillion yen, well below the stated goal of 80 trillion yen.

The BOJ appears to be joining other banks that are seeking to jumpstart the “carry trade” for local banks and pension institutions, by steepening the yield curve. The step-back from buying super-long bonds, those with more than 10 years to maturity, comes after Governor Kuroda and his colleagues said in September that an “excessive” decline in the yields has placed a heavier burden on companies seeking to meet pension obligations.




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Asante Gold Announces Drill Program Planned On New Targets Keyhole Gold Option Ghana

Asante Gold Announces Drill Program Planned On New Targets Keyhole Gold Option Ghana

Asante Gold Announces Drill Program Planned On New Targets Keyhole Gold Option Ghana

Vancouver, British Columbia – January 18, 2017 – Asante Gold Corporation (CSE:ASE/ FRANKFURT:1A9/OTC:ASGOF) (“Asante” or the “Company”) announces that it has compiled the data from the first of a series of ground geophysical IP (Induced Polarization/Resistivity) surveys to be completed at its Keyhole Gold option property in Ghana.

Seven distinct linear trending IP zones have been outlined which are interpreted to represent areas with increased sulfide mineralization. Sulfide concentrations (relative high IP values) in this structurally favourable Keyhole area are considered to be prime drill targets. The IP map is available at: http://www.asantegold.com/assets/img/memipnr18jan17.jpg  and the Resistivity map at:  http://www.asantegold.com/assets/img/memres-_nr18jan17.jpg .

IP was chosen as the preferred technique to outline high potential drill targets given the strong association of gold with sulfide mineralization in the Asankrangwa gold belt, such as at the Asanko (Obotan) gold mine located 40 km along the belt to the northeast.  The subdued topography, extensive and locally thick alluvial cover, and heavy weathering and laterization mask mineralization from detection by the direct prospecting, trenching and soil geochemical methods which were used by previous explorers in the area.
Drill collars to test the outlined targets for gold mineralization are being selected for a proposed 1200 metre diamond drilling program, planned to commence in early February 2017.
One of the proposed high IP drill targets corresponds with large angular quartz reef float noted in the heavily galamsey disturbed area of the historical MEM showing – where significant gold values were previously reported:  http://www.asantegold.com/assets/img/img_20161210_001315.jpg .

Please see our September 18, 2016 news release http://www.asantegold.com/news/asante-acquires-strategically-located-keyhole-gold-project-ghana and website http://www.asantegold.com/projects/keyhole-option  for further information.

On behalf of the Board,
“Douglas R. MacQuarrie”
President and CEO

Scientific and technical information contained in this news release has been supervised, reviewed and approved by Douglas R. MacQuarrie, P.Geo. (B.C.) Geology & Geophysics, the President and CEO of the Company, who is a qualified person (“QP”) under NI 43-101. The IP survey was completed and data compiled by Fred Akosah, MSc. Geophysics, a registered geophysicist – Ghana Institution of Geoscientist’s (GhIG) utilizing a 2.5kw  time domain IP system; pole dipole configuration n=1 to 6 ; 50 metre dipole separation; 25 metre station separation.

About Asante Gold Corporation
Asante and BXC Company (Ghana) Limited have entered into a C$19.5 million joint venture, subject to final closing, to develop our Kubi Gold Mining Leases as a potential near term underground operation; and Asante is exploring the Keyhole and Betenase options, the Fahiakoba and other concessions, all adjoining or along strike of major gold mines near the centre of Ghana’s Golden Triangle. Additional information is available on our web site at:  www.asantegold.com

For further information please contact:
Douglas MacQuarrie, President and CEO, tel: +1 604-558-1134; E-mail: douglas@asantegold.com
Doreen Kent, Shareholder Communications, tel: +1 604-948-9450; E-mail:  d.kent@eastlink.ca
Kirsti Mattson, Media Relations, tel: +1 778-434-2241; E-mail: kirsti.mattson@gmail.com
Rebecca Greco, Business Development, tel: +1 416-822-6483; E-mail: fighouse@yahoo.com
Florian Riedl-Riedenstein, Director; European Investor Relations, E-mail:  frram@aon.net