Golconda Gold Ltd. is pleased to announce the release of its financial results for the year ended December 31, 2022. All amounts are in United States dollars unless otherwise indicated. A copy of the audited consolidated financial statements for the year ended December 31, 2022 prepared in accordance with International Financial Reporting Standards [...]
Golconda Gold Ltd. continued its progression in 2022 to meet its goal of becoming a long-life and low-cost operation that can produce positive returns for investors across commodity cycles. 1. Produced 9,979 ounces of gold at Galaxy in 2022, a 20% increase on 2021 production demonstrating the progress made on unlocking the significant value [...]
Golconda Gold Ltd. is pleased to announce that it has received final approval from the TSX Venture Exchange for the adoption of its omnibus equity incentive plan . The Plan was approved by the Company's shareholders on June 23, 2022 and allows for the grant of options to purchase up to 10% of the total issued and outstanding common shares [...]
Golconda Gold Ltd., formerly Galane Gold Ltd. is pleased to announce the release of its financial results for the three and nine months ended September 30, 2022. A copy of the unaudited condensed consolidated interim financial statements for the three and nine months ended September 30, 2022 prepared in accordance with International Financial [...]
Galane Gold Ltd. is pleased to announce that it has received approval from the TSX Venture Exchange to change the Company's name to "Golconda Gold Ltd." and to consolidate the Company's outstanding common shares on the basis of one new common share for every five existing common shares. The Name Change and Consolidation will take effect at the [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
