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Galiano Gold Inc.
Summary
| Project: | Asanko Gold Mine | |
|---|---|---|
| Deposit: | Asanko Gold Mine | |
| Location: | Ghana | |
| Commodities: | Gold | |
| Date: | 7/6/2020 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Active Mining & Production | |
| Report details: | 6-7-2020: Galiano Gold Inc. announces an Exploration/Drilling Update report for its Asanko Gold Mine deposit at the Asanko Gold Mine project. Drilling results incl. 6m @ 24.3g/t Au from 70m. Vancouver, British Columbia, July 6, 2020 – Galiano Gold Inc. (“ | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report] Paul Klipfel (Internal) | |
| ABSTRACT: | Vancouver, British Columbia, July 6, 2020 – Galiano Gold Inc. (“Galiano” or the “Company”) (TSX, NYSE American: GAU) (formerly Asanko Gold Inc.) is pleased to announce an update from its 2020 exploration program underway at the Asanko Gold Mine (“AGM”), located in Ghana, West Africa. The AGM is a 50:50 joint venture (“JV”) with Gold Fields Ltd (JSE, NYSE: GFI), which is managed and operated by Galiano. The previously announced 2020 exploration program at the AGM (see news release dated May 5, 2020) consisting of approximately 36,000m of Diamond (DD) and Reverse Circulation (RC) drilling, has been underway with four drill rigs and is now approximately 40% completed. This news release provides an update on the drilling and results for the Abore open pit. The Abore pit is located about 13km north of the processing plant, on the Esaase ore haul road and was mined by a previous operator in the early 2000’s. Mining operations are scheduled to resume at Abore in late 2021 and the purpose of the current drill program was to upgrade Inferred Mineral Resources to Indicated Mineral Resources and test extensions of the orebody to the north. Mineral Reserves and Resources1 at the Abore deposit as at December 31, 2019 were as follows | |
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