Galiano Gold Inc T.GAU

Alternate Symbol(s): GAU

Metals & Mining Gold

Galiano Gold Inc. owns the Asanko Gold Mine, which is located in Ghana, West Africa. The Asanko Gold Mine (AGM) 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. The AGM also owns various exploration licenses across the highly prospective and underexplored Asankrangwa Gold Belt.

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Galiano Gold Inc

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Post by nozzpackon Dec 28, 2023 6:38pm

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Post# 35803317

FS estimated $975 million CAD after tax Free cash flow

That was at $1900 POG...about $150 m cad per year added to the balance sheet.
At $2100 POG , after tax free cash flow would rise to $1,3 billion or about $200 million per year.

As 2022-23 exploration results show , the demonstrated exploration upside is substantial , extending many years beyond the 2023 FS outcomes,,