Ashanti Gold Corp., formerly Gulf Shores Resources Ltd., is a Canada-based company engaged in the exploration and development of gold and other mineral properties. The Company is engaged in the business of acquiring interest in mineral properties in West Africa. It holds interest in the Anumso Project, which is located in the northern portion of the Ashanti Gold Belt. The Anumso Gold Project is a 29.63 square kilometer mining lease within two blocks that covers approximately five kilometers of strike length of the Birimian series auriferous Tarkwaian Banket strata within the Ashanti Belt of Ghana. It also holds interest in the Kossanto East Project, which is located within the West Mali Gold Belt that extends approximately 180 kilometers in a north-south direction along the Mali-Senegal border. The Kossanto East Project is a 66.41 square kilometer concession in the Kedougou-Kenieba Inlier and hosts two principle drill-tested targets: Gourbassi East and Gourbassi West.