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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Comment by nozzpackon Dec 31, 2023 5:02pm

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Post# 35805816

RE:RE:Dividend Resuming ?

Thank you for that info.
I prefer production growth over dividend, so utilizing some of that cash aligned with Gold Fields acquisition plans would be much more beneficial .

The fact that Gold fields took GAU equity as a signifucant portion of the Asante acquisition price piqued my interest as it suggested that there may be future plans involving both companies .

Happy 2024
Nozz

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