Golconda Gold Ltd.

Galane Gold Ltd. is pleased to announce the release of its financial results for the three and six months ended June 30, 2022. A copy of the unaudited condensed consolidated interim financial statements for the three and six months ended June 30, 2022 prepared in accordance with International Financial Reporting Standards and the corresponding Management's Discussion and Analysis are available under the Company's profile [...]

Galane Gold announces that it has signed a new gold concentrate offtake agreement dated August 3, 2022 for its Galaxy project with Ocean Partners UK Limited. In addition, Ocean Partners has provided the Company with an unsecured US$3 million revolving finance facility to help it advance the Galaxy project. “We are excited to start a new partnership with Ocean Partners, who brings a wealth of experience in the industry and [...]

Galane Gold announces it has completed an update of the 2014 PEA on the Summit Mine and Banner Mill. Galane has developed a more detailed mine plan for Summit, changed the mining and trucking operations to owner operator, completed a detailed analysis of the plant restart requirements and updated all the operating costs relating to Summit. The key results of the updated PEA based on the current known resources are:1, 2

Galane Gold is pleased to announce the release of its financial results for the three months ended March 31, 2022. A copy of the unaudited condensed consolidated interim financial statements for the three months ended March 31, 2022 prepared in accordance with International Financial Reporting Standards and the corresponding Management’s Discussion and Analysis are available under the Company’s profile on www.sedar.com [...]

Galane Gold announces that it has completed mining of the Galaxy ore body footprint at 22 level to a height of four metres. It was expected, from the mine plan included in the Galaxy Technical Report, that the Company would mine 12,342 tonnes at a grade of 2.66 g/t, with a cut-off grade of 1.4 g/t, for 1,056 oz. The Company has actually mined 11,874 tonnes at a grade of 3.56 g/t for 1,359 ounces, an increase of 33.8% on [...]

Galane Gold Ltd. today announces that it has completed the sale of its Mupane gold mine in Botswana to Hawks Mining Company Proprietary Limited , a company registered under the laws of Botswana and owned by certain individuals forming part of the Company's local Botswana management team . The full details relating to the Transaction were set out in our press release of February 7, 2022 and as of May 3, 2022 all the [...]

Galane Gold Ltd. is pleased to announce the release of its financial results for the year ended December 31, 2021. All amounts are in United States dollars unless otherwise indicated. A copy of the audited consolidated financial statements for the year ended December 31, 2021 prepared in accordance with International Financial Reporting Standards and the corresponding Management's Discussion and Analysis will be available [...]

Galane Gold Ltd. is pleased to announce that it has appointed Andrew Bishop as Galane Gold's Chief Financial Officer, effective February 21, 2022. Mr. Bishop brings over 18 years of experience in accounting, finance and business development within the public markets and has a demonstrated ability to manage various financial and operational aspects of a dynamic and growing business. Andrew is a Chartered Accountant who [...]

Galane Gold Ltd. today announces that it has entered into definitive agreements to sell its Mupane gold mine in Botswana to Hawks Mining Company Proprietary Limited , a company registered under the laws of Botswana and owned by certain individuals forming part of the Company's local Botswana management team . The board of directors and management of Galane, as part of its continuing review of the strategy of the Company [...]

Galane Gold Ltd. today announces that it has issued to Gavin Vandervegt a notice to terminate his contract as the Company's Chief Financial Officer. Mr. Vandervegt has served as Galane Gold's CFO since October 2016 and he will remain with the Company in a transitional role for a period of up to three months. "We would like to thank Gavin for his tireless and invaluable contributions to Galane Gold," said Nick Brodie [...]