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Galiano Gold Inc T.GAU

Alternate Symbol(s):  GAU

Metals & Mining Gold
Galiano Gold Inc. is a Canada-based company, which owns the Asanko Gold Mine, which is located in Ghana, West Africa. 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 5.8 metric tons per annum carbon-in-leach processing plant. The Asanko Gold Mine holds the land package within the belt, with over 21,000 hectares of tenure on this prospective and under-explored portion of central Ghana. The Abore is located along the haulage road between Obotan and Esaase, over 15 kilometers north of the mill. Miradani North is designed to be mined in two phases to help advance the high-grade ore and manage relocation costs associated with the Tontokrom village to the south. The Asankrangwa gold belt is located within the Kumasi basin. Its subsidiaries are Galiano Gold South Africa (PTY) Ltd, Galiano International (Isle of Man) Limited and others.


TSX:GAU - Post by User

Galiano Gold Inc
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Comment by mergeson Feb 12, 2015 11:39am
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Post# 23422241

RE:AKG buying more land...

RE:AKG buying more land...Nick Tintor's one-half-cent Midlands Minerals Corp. (MEX) has sold its Kaniago gold property in Ghana to Asanko Gold Inc. (AKG: $1.81) for $312,000. The price was low but armed locals have been patrolling Midlands's Ghanaian properties since mid-2011, when a group of dissidents ousted Midlands's long-time president, Kim Harris. The locals, including the company's local joint venturer, said they rather liked Ms. Harris and refused to co-operate with new management. Chairman Tintor hired Craig Pearman as president, in hopes he could help negotiate a truce. Mr. Pearman came from Kinross Gold Corp.'s Chirano gold mine in Ghana, where he was manager. He managed to convince the Obo Traditional Council to sign a memorandum of understanding allowing exploration in 2012, but when drillers arrived at the property, armed locals once again appeared, preventing access. It has sat idle ever since.
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