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Galiano Gold Inc. reported its annual Mineral Reserve and Mineral Resource update for the Asanko Gold Mine, highlighted by maiden underground Mineral Resources at Nkran and Abore totaling 0.83 million ounces of gold. The update also includes Proven and Probable Mineral Reserves of 1.97 million ounces and outlines a strategic outlook targeting a 25% production increase in FY 2026.
Key Takeaways
1Proven and Probable Mineral Reserves total 47.5 million tonnes at 1.29 g/t containing 1.97 million ounces of gold as of December 31, 2025.
2Maiden underground Mineral Resources at Nkran and Abore contain 0.30 Moz Indicated and 0.53 Moz Inferred gold, estimated using a $2,400/oz gold price.
3Company forecasts an approximate 25% increase in FY 2026 production compared to FY 2025, driven by improved throughput and higher grades from Abore.
4Mill throughput is expected to rise by approximately 15% in FY 2026 following the installation of a secondary crushing circuit in July 2025.
5Strategic objective to add 1.0 to 1.5 million gold ounces to Mineral Resources and Reserves over the next two to three years.
6Nkran deposit hosts open pit Probable Mineral Reserves of 10.6 Mt at 1.67 g/t for 570,000 ounces gold contained.