Galiano Gold: Major Unexplored Potential
A land package with unexplored potential
Galiano Gold is focusing on creating a sustainable business capable of long-term value creation for its stakeholders. They’re doing this through organic production growth, exploration and disciplined deployment of its financial resources. The company currently operates and manages the Asanko Gold Mine, located in Ghana, West Africa. The mine is jointly owned with Gold Fields Ltd. Furthermore, the Company is strongly committed to the highest standards for environmental management, social responsibility, and health and safety for its employees and neighbouring communities.
Asanko Gold Mine
The Asanko Gold Mine is a multi-deposit complex, with two main deposits, Nkran and Esaase, and multiple satellite deposits, situated on the Asankrangwa Gold Belt, and a 5Mtpa carbon-in-leach (CIL) processing plant. Moreover, gold production commenced in January 2016 and commercial production was declared on April 1, 2016.
Additionally, in 2019, the mine exceeded the upper-end of guidance with record gold production of 251,044 gold ounces. Markedly, in 2020 the mine is targeting 225,000 to 245,000 ounces of gold production at all-in sustaining costs of $1,000 to $1,100/oz (100% basis).
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