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Golconda Gold Ltd V.GG

Alternate Symbol(s):  GGGOF

Golconda Gold Ltd. is a gold producer and explorer with mining operations and exploration tenements in South Africa and the United States. Its principal business activities are the exploration, development, and operation of gold mining properties. It operates through its wholly owned subsidiary, Galane Gold Mines Ltd., two assets: a producing mine which also has the rights to certain mineral exploration tenements (the mine and mineral exploration tenements collectively, the Galaxy Property) located in the Republic of South Africa (South Africa), through subsidiaries located in Mauritius and South Africa; and a mine and processing infrastructure located in the United States of America (the Summit Property). Its Galaxy gold property is situated about eight kilometers (km) west of the town of Barberton and 45 km west of the provincial capital of Nelspruit in the Mpumalanga Province of South Africa. The property covers 58.6 square kilometers and is part of the Barberton Greenstone Belt.


TSXV:GG - Post by User

Comment by Atonon Dec 14, 2022 1:15am
206 Views
Post# 35170119

RE:RE:Golconda Gold - STRONG BUY!

RE:RE:Golconda Gold - STRONG BUY! About the twitter importance: 

Galaxy consists of 21 ore bodies all of which can be accessed via adits at level 17 and level 22. Examples of the ore bodies are:

  • Galaxy ore body – a massive pipe shaped ore body with a thickness of 35m and a strike of around 100m.
  • Woodbine and Giles ore bodies – both narrow steeply dipping with a thickness of up to 2.4m and a strike of 900m.
  • Princeton ore body – a steeply dipping ore body with a thickness of 5m and a strike of 300m
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