Strong Financial Position
Galiano Gold ended the quarter with $106 million in cash and zero debt, maintaining a robust financial position.
Significant Exploration Success at Abore
The exploration team identified a promising high-grade zone beneath the main pit at Abore, with drilling results exceeding expectations and expanding the strike length of the South high-grade zone to 180 meters.
Strategic Initiatives Ahead of Schedule
Implementation of strategic initiatives such as the Nkran waste stripping campaign commenced ahead of schedule, and the secondary crusher project is on track for completion in Q3 2025.
Projected Increase in Gold Production
A 75% increase in gold production is projected over the next 18 months, reflecting a strong growth outlook.