Galane Gold Ltd. is pleased to announce that it has entered into a binding offer to acquire , through a wholly-owned subsidiary, the Summit Mine and the infrastructure constituting the Banner Mill in New Mexico from Pyramid Peak Mining, LLC, a wholly-owned subsidiary of Waterton Precious Metals Fund II Cayman, LP . The aggregate consideration to be [...]
Galane Gold Ltd. is pleased to announce that it has completed a new 2.2 kilometer adit and has accessed the Galaxy ore body at its Galaxy property in South Africa. This represents the final material step required in the Company's plan to unlock the potential of Galaxy. The three key components of the Galaxy plan were the recommencement of mining at [...]
Galane Gold Ltd. is pleased to provide an update on its Galaxy property and to announce that it has initiated phase 2 of its Galaxy expansion plan to take production to over 43,000 ounces per year at an all in operating cash cost of less than $750 per ounce. All dollar amounts referenced herein are stated in United States dollars. GALAXY UPDATE [...]
Individual and institutional investors as well as advisors are invited to log-on to VirtualInvestorConferences.com to view presentations Virtual Investor Conferences, the leading proprietary investor conference series, today announced that the presentations from the December Metals & Mining Virtual lnvestor Conference are now available for [...]
Galane Gold Ltd. is pleased to announce the release of its financial results for the three and nine months ended September 30, 2020. A copy of the unaudited condensed consolidated interim financial statements for the three and nine months ended September 30, 2020 prepared in accordance with International Financial Reporting Standards and the [...]
Galane Gold Ltd. is pleased to announce the discovery of a 22nd mineralised zone at its Galaxy property . Galaxy is currently developing the 22 level access to the main Galaxy ore body. During development, the Company intersected the Golden Comet, a new mineralised zone which is located within the Galaxy – Giles – Woodbine structural corridor. The [...]
Galane Gold Ltd. announces that B2Gold Corp. has provided notice that it is terminating the earn-in option agreement relating to certain of Mupane’s exploration properties in Botswana. Galane Gold CEO, Nick Brodie commented “B2Gold have identified several targets from their exploration work, none of which meet the size criteria for B2Gold, but all [...]
Galane Gold Ltd. is pleased to announce the release of its financial results for the three and six months ended June 30, 2020. A copy of the unaudited condensed consolidated interim financial statements for the three and six months ended June 30, 2020 prepared in accordance with International Financial Reporting Standards and the corresponding [...]
Galane Gold is pleased to announce the release of an independent updated National Instrument 43-101 technical report supporting the positive preliminary economic assessment for its currently operating Galaxy property in South Africa Unless otherwise indicated, all references to “$” in this press release refer to United States dollars. Highlights A [...]
Galane Gold Ltd. is pleased to announce the release of its financial results for the three months ended March 31, 2020. A copy of the unaudited condensed consolidated interim financial statements for the three months ended March 31, 2020 prepared in accordance with International Financial Reporting Standards and the corresponding Management’s [...]
Galane Gold Ltd. is pleased to announce the release of its financial results for the year ended December 31, 2019. All amounts are in United States dollars unless otherwise indicated. A copy of the audited consolidated financial statements for the year ended December 31, 2019 prepared in accordance with International Financial Reporting Standards [...]
Galane Gold Ltd. has acted swiftly to put precautions in place to manage the risk of COVID-19 to staff, the Company, contractors, the local communities, and all other stakeholders. The Company has had no reported cases of COVID-19 at either of our projects and we continue to ensure that our operations follow the latest professional guidance. The [...]
