Galiano Gold Strengthens with Positive Q1 Results

Galiano Gold Inc (TSE:GAU) has released an update.

Galiano Gold Inc. has announced its Q1 2024 results, showing strong operational performance with zero lost-time injuries and total cash costs of $1,180 per ounce of gold produced. The company has also completed the acquisition of Gold Fields Limited’s 45% interest, now holding a 90% stake in the Asanko Gold Mine, which has generated positive cash flow and free cash flow of $26.1 million and $5.8 million respectively despite significant investment in waste stripping.

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