Asanko Gold Publishes 2017 Corporate Social Responsibility Report

Asanko Gold Publishes 2017 Corporate Social Responsibility Report

VANCOUVER, British Columbia, May 07, 2018 -- Asanko Gold Inc. (“Asanko” or the “Company”) (TSX:AKG) (NYSE

American:AKG) today publishes its 2017 Corporate Social Responsibility (“CSR”) Report, which provides a detailed review of

Asanko’s CSR strategy and performance during the year, including its contribution to both the local communities in which it

operates and its host country, Ghana.

Peter Breese, President and CEO, said,  “We believe genuine sharing of the benefits generated by the mine is key to

supporting economic development and growth in our local communities and host country, ultimately underpinning the future

success of our business.

In 2017, we expanded the involvement of indigenous companies in our operations and awarded the open pit mining contracts

for the Akwasiso and Dynamite Hill satellite deposits to locally-based companies, Thonket and Rocksure respectively. As a

result, we now have Ghanaian businesses involved in every aspect of our mine, from mining contractors through to key

supplies, power, fuel, to catering and transport. 99% of our workforce is Ghanaian, of which 37% are from the local

communities surrounding the mine.

In 2017, our economic contribution to Ghana was just over $255 million, supporting 277 Ghanaian businesses, 78 of which are

from the Ashanti region where the mine is located, with the purchase of goods and services valued at $167 million.”

To learn more about Asanko’s CSR activities, please view the 2017 CSR Report on the Company’s website:

www.asanko.com.

About Asanko Gold Inc.

Asanko’s vision is to become a mid-tier gold mining company that maximizes value for all its stakeholders. The Company’s

flagship project is the multi-million ounce Asanko Gold Mine located in Ghana, West Africa.

Asanko is managed by highly skilled and successful technical, operational and financial professionals. The Company is

strongly committed to the highest standards for environmental management, social responsibility, and health and safety for its

employees and neighbouring communities.

Neither Toronto Stock Exchange nor the Investment Industry Regulatory Organization of Canada accepts responsibility for the

adequacy or accuracy of this release.

Enquiries:

For further information please visit: www.asanko.com, email: [email protected] or contact:

Alex Buck - Manager, Investor and Media Relations

Toll-Free (N.America): 1-855-246-7341

Telephone: +44-7932-740-452

Email: [email protected]