Galiano Gold Inc Stock Price, News & Analysis

Galiano Gold (NYSE: GAU) announced significant results from its deep step-out drilling program at the Abore deposit in Ghana's Asanko Gold Mine. The program, consisting of four holes totaling 1,907 meters, successfully intercepted mineralization across a 1,200-meter strike length.

Key highlights include an impressive intercept of 36 meters at 2.5 g/t gold from 370m depth, including 22 meters at 3.8 g/t gold. The program confirmed that the Abore granite and mineralizing system extends 200 meters below the current Mineral Reserve pit shell and remains open in all directions, suggesting potential for bulk underground mining development.

The Abore deposit currently holds Measured and Indicated Mineral Resources of 638,000 ounces at 1.24 g/t Au and Inferred Mineral Resources of 78,000 ounces at 1.17 g/t Au as of December 31, 2024.

Galiano Gold (NYSE: GAU) has scheduled the release of its Q2 2025 financial and operational results after market close on August 13, 2025. The company will host a conference call and webcast to discuss the results on August 14, 2025, at 7:30 AM PT (10:30 AM ET).

Investors can access the conference call through various dial-in options, including toll-free numbers for both US and Canadian participants. A replay of the call will be available until August 21, 2025. The webcast can be accessed through the company's website at www.galianogold.com.

Galiano Gold (NYSE: GAU) held its Annual General Meeting on June 12, 2025, where shareholders approved all proposed resolutions. The meeting resulted in the election of eight directors, with all nominees receiving overwhelming support exceeding 99% of votes. Key approvals included fixing the board size at eight members (99.33% in favor), re-appointing Ernst & Young LLP as auditors (99.61% in favor), and passing a non-binding advisory vote on executive compensation (99.55% in favor). Notable directors elected include Matt Badylak, Paul N. Wright, and Judith Mosely, each receiving more than 99.80% of votes in their favor.

Galiano Gold Inc. (TSX/NYSE: GAU) reported Q1 2025 results from its 90%-owned Asanko Gold Mine in Ghana. Key highlights include: gold production of 20,734 ounces at AISC of $2,501/oz, with sales of 26,994 ounces at an average price of $2,833/oz. The quarter saw operational challenges with a 14-day processing plant shutdown that reduced production by 4,500-5,000 ounces. Mining focused on Abore and Esaase deposits, with development at Nkran cut 3 starting ahead of schedule. Financial results show revenue of $76.6M, operating cash flow of $25.9M, and a net loss of $0.10 per share. The company maintains a strong balance sheet with $106.4M in cash and no debt. Management expects production to improve in subsequent quarters, with annual production likely near the lower end of guidance range.

Galiano Gold (NYSE: GAU) has published its 2024 Sustainability Report, highlighting key environmental, social, and governance achievements. The report covers both corporate operations and the Asanko Gold Mine (AGM) in Ghana. Environmental highlights include zero significant incidents, 57.54 hectares under rehabilitation, and 18% of AGM's power needs met by solar energy. On the social front, the company maintains a 99.8% Ghanaian workforce, supports 360 local businesses, and provided free health screenings to 2,500 community members. Governance achievements include completing a Human Rights Impact Assessment audit and implementing key recommendations from the Independent Tailings Review Panel.

Galiano Gold Inc. (TSX/NYSE American: GAU) has announced its virtual Annual General Meeting (AGM) scheduled for June 12, 2025, at 10:00 am PDT. The AGM agenda includes receiving 2024 audited financial statements, fixing board size at eight directors, electing directors, appointing auditors, and approving executive compensation approach. The company has nominated eight current directors for re-election: Paul Wright, Judith Mosely, Dawn Moss, Greg Martin, Moira Smith, Navin Dyal, Lauren Roberts, and Matt Badylak.

Meeting materials are available through SEDAR, EDGAR, and the company's website. Shareholders can request paper copies of the Proxy Circular through various contact methods provided.

Galiano Gold (GAU) has announced significant drilling results from its Abore deposit at the Asanko Gold Mine in Ghana. The company discovered a new high-grade zone with an impressive intercept of 50m @ 3.2 g/t gold below the current Mineral Reserve pit shell. The 2025 infill drilling program, comprising 26 holes totaling 5,543 meters, revealed multiple high-grade intervals at Abore South, including notable intercepts such as 34m @ 12.0 g/t Au and 38m @ 6.7 g/t Au. The Abore deposit currently holds Measured and Indicated Resources of 638,000 ounces @ 1.24 g/t Au and Inferred Resources of 78,000 ounces @ 1.17 g/t Au. The company aims to establish its first underground resource at AGM in 2025, with Abore and Nkran identified as promising targets for underground mine life extension.

Galiano Gold (TSX: GAU) (NYSE American: GAU) has announced it will release its first quarter 2025 financial and operational results after market close on May 14, 2025. The company will host a conference call and webcast to discuss Q1 results on May 15, 2025, at 7:30 AM PT (10:30 AM ET).

The conference call will be accessible via dial-in numbers (toll-free: 1-888-510-2154 or direct: 437-900-0527) and will be available for replay until May 22, 2025 (toll-free: 1-888-660-6345 or local: 289-819-1450, access code: 56275#). The webcast can be accessed through https://app.webinar.net/XgGke8v6Y4E or the company's website.

Galiano Gold Inc. (TSX/NYSE: GAU) reported its Q4 and full year 2024 results, highlighting the completion of acquiring Gold Fields' 45% interest in the Asanko Gold Mine (AGM), increasing its ownership to 90%. In Q4 2024, the company produced 28,508 gold ounces at all-in sustaining costs (AISC) of $2,638/oz, generating $13.8M in operating cash flows.

FY 2024 production reached 115,115 gold ounces at AISC of $2,063/oz, falling below revised guidance of 120,000-130,000 ounces due to lower throughput from crusher availability issues and harder ore processing. The company ended 2024 with a strong financial position of $105.8M in cash and no debt.

Key developments include terminating the gold offtake agreement with Red Kite for $13.1M, updating mineral reserves to 2.1M ounces, and awarding the Nkran mining contract. The company reported Q4 net income of $0.9M and FY 2024 net income of $6.1M.