Golconda Gold Ltd V.GG

Alternate Symbol(s): GGGOF

Metals & Mining Gold

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.

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Golconda Gold Ltd

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Post by Betteryear2on Nov 23, 2023 8:00am

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Golconda Gold Announces Gold Streaming Transaction

TORONTO, Nov. 23, 2023 (GLOBE NEWSWIRE) -- Golconda Gold Ltd. (“Golconda Gold” or the “Company”) (TSXV: GG; OTCQB: GGGOF) today announces that it has entered into a US$5 million stream transaction relating to its Galaxy project in South Africa with Empress Royalty Holding Corp. (“Empress”), a wholly-owned subsidiary of Empress Royalty Corp. (“Empress Royalty”) (TSXV: EMPR | OTCQX:EMPYF).

Golconda Gold Announces Gold Streaming Transaction for Its (globenewswire.com)

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