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Galiano Gold Inc GAU


Primary Symbol: T.GAU

Galiano Gold Inc. is a Canada-based company, which operates and manages the Asanko Gold Mine, which is located in Ghana, West Africa, and jointly owned with Gold Fields Ltd. The Asanko Gold Mine is a multi-deposit complex, with four main open-pit mining areas: Abore, Miradani North, Nkran and Esaase, and multiple satellite deposits, situated on the Asankrangwa Gold Belt, and a five metric tons per annum (Mtpa) carbon-in-leach processing plant. The Asanko Gold Mine holds the land package within the belt, with approximately 21,000 hectares of tenure on this prospective and under-explored portion of central Ghana. The Nkran deposit is located within the Kumasi Basin on the Asankrangwa gold belt. The Nkran deposit is located on a jog along the regional Nkran Shear, which is a zone of about 15 kilometers in width. The Asankrangwa gold belt is located within the Kumasi basin. Its subsidiaries are Galiano Gold South Africa (PTY) Ltd and Galiano International (Isle of Man) Limited and others.


TSX:GAU - Post by User

Comment by nozzpackon Dec 26, 2023 2:12pm
64 Views
Post# 35800518

RE:RE:New Corporate Presentation including Pro forma acquisition

RE:RE:New Corporate Presentation including Pro forma acquisition Current LOM is about 8 years but they have 2,5 million ounces of gold outside the Reserves on which the current LOM is based .

Also, they have a huge land position that ofers very prospective exloratin upside.

So, a much longer LOM can be envisaged .

Bulking up the share price along with large cash position should provide a good basis for acquiring additional productiin should they choose that route down the road.

Right now it is early in its ATM cash machine..
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