01:01:26 EDT Fri 19 Apr 2024
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Galane Gold Ltd
Symbol GG
Shares Issued 146,804,760
Close 2018-07-03 C$ 0.05
Market Cap C$ 7,340,238
Recent Sedar Documents

Galane Gold produces 10,090 oz Au in Q2

2018-07-05 09:47 ET - News Release

Mr. Nick Brodie reports

GALANE GOLD LTD. ANNOUNCES PRODUCTION RESULTS FOR QUARTER TWO 2018

During the second quarter of 2018, Galane Gold Ltd. produced 10,090 ounces of gold which represents its best quarter output since Q4 2013. To achieve this, it milled 214,378 tonnes at an average head grade of 2.18 grams per tonne, with the main contributor being production from Tau of 98,424 tonnes at 3.46 grams per tonne.

Galane Gold chief executive officer Nick Brodie commented: "This represents a strong quarter for the Mupane operations as we continue to see increasing production from Tau underground contributing to exceptional operating results. I look forward to taking the strong management team we have built to revitalize Mupane and using their skills and technical expertise to restart Galaxy."

About Galane Gold Ltd.

Galane Gold is an unhedged gold producer and explorer with mining operations and exploration tenements in Botswana and South Africa. Galane Gold's management team comprises senior mining professionals with extensive experience in managing mining and processing operations and large-scale exploration programs. Galane Gold is committed to operating at world-class standards and is focused on the safety of its employees, respecting the environment and contributing to the communities in which it operates.

We seek Safe Harbor.

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