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Galane Gold Ltd. Announces Production Results for Quarter Two 2018
TORONTO, July 05, 2018 (GLOBE NEWSWIRE) -- Galane Gold Ltd. (“Galane Gold” or the “Company”) (TSX-V:GG) is pleased to announce that during the second quarter of
About this update from Golconda Gold Ltd
[{"type":"text","content":" TORONTO, July 05, 2018 (GLOBE NEWSWIRE) -- Galane Gold Ltd. (“Galane Gold” or the “Company”) (TSX-V:GG) is pleased to announce that during the second quarter of 2018, the Company produced 10,090 ounces of gold which represents its best quarter output since Q4 2013. To achieve this, it milled 214,378 tonnes at an average head grade of 2.18 grams per tonne, with the main contributor being production from Tau of 98,424 tonnes at 3.46 grams per tonne. Galane Gold CEO, Nick Brodie commented: “This represents a strong quarter for the Mupane operations as we continue to see increasing production from Tau underground contributing to exceptional operating results. I look forward to taking the strong management team we have built to revitalise Mupane and using their skills and technical expertise to restart Galaxy.” About Galane Gold Galane Gold is an un-hedged gold producer and explorer with mining operations and exploration tenements in Botswana and South Africa. Galane Gold is a public company and its shares are quoted on the TSX Venture Exchange under the symbol “GG”. Galane Gold’s management team is comprised of senior mining professionals with extensive experience in managing mining and processing operations and large-scale exploration programmes. Galane Gold is committed to operating at world-class standards and is focused on the safety of its employees, respecting the environment, and contributing to the communities in which it operates. Cautionary Notes Certain statements contained in this press release constitute “forward-looking statements”. All statements other than statements of historical fact contained in this press release, including, without limitation, those regarding the Company’s future financial position and results of operations, strategy, proposed acquisitions, plans, objectives, goals and targets, and any statements preceded by, followed by or that include the words “believe”, “expect”, “aim”, “intend”, “plan”, “continue”, “will”, “may”, “would”, “anticipate”, “estimate”, “forecast”, “predict”, “project”, “seek”, “should” or similar expressions or the negative thereof, are forward-looking statements. These statements are not historical facts but instead represent only the Company’s expectations, estimates and projections regarding future events. These statements are not guarantees of future performance...