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Galiano Gold Inc T.GAU

Alternate Symbol(s):  GAU

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.


TSX:GAU - Post by User

Comment by nozzpackon Dec 29, 2023 3:45am
92 Views
Post# 35803608

RE:2023 Drilling Update…Substantial Increase in Gold Resources

RE:2023 Drilling Update…Substantial Increase in Gold Resources The Assanka Gold Mine controls the largest land package on the Asankrangwa gold belt with tenements covering 476 square km of highly prospective ground with a portfolio of high-quality greenfields exploration targets.

With just a modest amount of drilling...still on going..in 2023, substantial increases in current resource levels are obvious while greenfield exploration continues to make new discoveries with surface sampling showing large areas of visible gold.

These are orogenic gold deposits ....relatively young geologically..which means that visible gold at the surface indicates that the source gold lodes are right beneath your feet and easily mined as open pits.

As I said earlier, come back in 10 years and resource levels subsequent to mining will be as big if not bigger than currentky ....



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