Galiano Gold Provides Akwasiso Exploration Update
VANCOUVER, BC, June 25, 2020 - Galiano Gold Inc. ("Galiano" or the "Company") (TSX: GAU) (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 35% completed. This news release provides an update on the drilling and results for the Akwasiso open pit.
Highlights
Third phase of mineralization has been delineated and is expected to be mined in 2021
Drilling highlights (see Table 1 for details):
Hole 186: 22 meters @ 2.8 g/t gold (from 155m to 174m)
Hole 185: 13 meters @ 4.1 g.t gold (from 39m to 52m)
Hole 179: 13 meters @ 2.7 g/t gold (from 34m to 47m)
Hole 191: 2 meters @ 15.3 g/t gold (from 90m to 92m)
- Published: 25 June 2020
- Written by Editor