Exhibit 99.2

EARLY WARNING REPORT

PURSUANT TO NATIONAL INSTRUMENT 62-103 – THE EARLY WARNING SYSTEM
AND RELATED TAKE-OVER BID AND INSIDER REPORTING ISSUES

Initial early warning report.

Item 1 – Security and Reporting Issuer

Common shares (the “Shares”) of Asante Gold Corporation (the “Issuer”)

Asante Gold Corporation

800 West Pender Street, Suite 615

Vancouver, British Columbia

V6C 2V6

Not applicable.

Item 2 – Identity of the Acquiror

Kinross Gold Corporation (“Kinross”)

25 York Street, 17th Floor

Toronto, Ontario

M5J 2V5

On August 8, 2025, Kinross entered into an amending agreement with the Issuer (the “Amendment Agreement”) to a share purchase agreement between Kinross and the Issuer dated April 24, 2022 (as amended) (the “SPA” and together with the Amendment, the “Purchase Agreement”). Pursuant to the Purchase Agreement, subject to the satisfaction of certain conditions on or prior to August 31, 2025, including aggregate cash payments to Kinross equal to US$55,000,000, subject to certain agreed adjustments, the Issuer will issue to Kinross:

The principal amount of the Convertible Debenture and aggregate number of Shares into which the Convertible Debenture may be converted will be determined based on the closing date of the Transaction but will be calculated to result in Kinross holding a maximum of 18% of the outstanding Shares, on a partially diluted basis assuming the conversion of all convertible securities of the Issuer held by Kinross, immediately following the Transaction (after giving effect to the Transaction and any other treasury issuances of Shares that occur prior to, or concurrently with, the closing of the Transaction).

Pursuant to the Purchase Agreement, the Convertible Debenture will have a maturity date of seven years from the date of issuance and shall accrue interest for a period of five years from the date of issuance at a rate of 3.0% per annum and for the final two years prior to maturity at a rate of a 5.0% margin above a base rate, which interest shall be payable in-kind through an increase in the principal amount of the Convertible Debenture (subject to a restriction on interest that would cause Kinross and its affiliates to own more than 19.9% of the Shares on a partially diluted basis assuming the conversion of all convertible securities of the Issuer held by Kinross).

Not applicable.

Item 3 – Interest in Securities of the Reporting Issuer

As of the date of the Amendment Agreement, Kinross holds 29,850,984 Shares and 5,000,000 warrants to purchase Shares (the “Warrants”), which represents approximately 6.0% of the issued and outstanding Shares on a non-diluted basis, and 6.9% of the issued and outstanding Shares on a partially diluted basis assuming exercise of the Warrants.

Kinross will acquire Shares and the Convertible Debenture as described in Item 2.2.

Upon closing of the Transaction, Kinross will own approximately 9.5% of the outstanding Shares, on a non-diluted basis, and up to 18% of the outstanding Shares, on a partially diluted basis assuming the conversion of the convertible securities of the Issuer held by Kinross. If the Transaction were to close today, the principal amount of the Convertible Debenture would result in Kinross owning approximately 17.3% of the outstanding Shares, on a partially diluted basis assuming the conversion of the convertible securities of Asante held by Kinross.

See Item 2.2.

Not applicable.

See Items 2.2 and 3.1.

The exact number of Shares into which the Convertible Debenture may convert will be determined immediately prior to the closing of the Transaction.

See Item 3.1.

Not applicable.

Not applicable.

Not applicable.

State if the securities lending arrangement is subject to the exception provided in section 5.7 of NI 62-104.

Not applicable.

Not applicable.

Item 4 – Consideration Paid

See Item 2.2. The Shares are being issued at an issue price of C$1.45 per Share, representing total consideration for the Shares of C$53,545,092.50. The principal amount of the Convertible Debenture to be issued to Kinross will be determined immediately prior to the closing of the Transaction but is expected to be approximately US$79.7 million or C$109.6 million based on current exchange rates.

See Item 4.1. Kinross agreed to acquire the Shares and the Convertible Debenture as deferred consideration under the Purchase Agreement.

See Item 2.2.

Item 5 – Purpose of the Transaction

State the purpose or purposes of the acquiror and any joint actors for the acquisition or disposition of securities of the reporting issuer. Describe any plans or future intentions which the acquiror and any joint actors may have which relate to or would result in any of the following:

Kinross agreed to acquire the Shares and the Convertible Debenture as deferred consideration under the Purchase Agreement. Kinross may or may not purchase or sell securities of the Issuer in the future on the open market or in private transactions, depending on market conditions and other factors. Kinross currently has no other plans or intentions that relate to its ownership of securities in the Issuer. Depending on market conditions, general economic and industry conditions, the Issuer’s business and financial condition and/or other relevant factors, Kinross may develop other plans or intentions in the future relating to one or more of the above items.

Item 6 – Agreements, Arrangements, Commitments or Understandings With Respect to Securities of the Reporting Issuer

Describe the material terms of any agreements, arrangements, commitments or understandings between the acquiror and a joint actor and among those persons and any person with respect to securities of the class of securities to which this report relates, including but not limited to the transfer or the voting of any of the securities, finder’s fees, joint ventures, loan or option arrangements, guarantees of profits, division of profits or loss, or the giving or withholding of proxies. Include such information for any of the securities that are pledged or otherwise subject to a contingency, the occurrence of which would give another person voting power or investment power over such securities, except that disclosure of standard default and similar provisions contained in loan agreements need not be included.

Not applicable.

Item 7 – Change in Material Fact

If applicable, describe any change in a material fact set out in a previous report filed by the acquiror under the early warning requirements or Part 4 in respect of the reporting issuer’s securities.

Not applicable.

Item 8 – Exemption

If the acquiror relies on an exemption from requirements in securities legislation applicable to formal bids for the transaction, state the exemption being relied on and describe the facts supporting that reliance.

Not applicable.

[Signature Page Follows]

Item 9 – Certification

I, as the acquiror, certify, or I, as the agent filing this report on behalf of an acquiror, certify to the best of my knowledge, information and belief, that the statements made in this report are true and complete in every respect.

Date:     August 11, 2025