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 matt2018on Mar 25, 2024 6:19pm

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Post# 35951733

RE:POG at $2210 US

Is GF wrapping up current operations at Danang?
If so, would make sense to let GAU incur extended drilling costs in exchange for royalty from future production.

nozzpack wrote: Goldfields 20 % ownership is making them lots of money by selling their 45% to GAU.

One wonders why they would not offer Danang to Galiano given Galiano's demonstrated expertise in exploration success.....in essence becoming GF's exploration arm..

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