Galiano Gold, Inc. · TSX:GAU
Galiano Gold — Investor Presentation (August 2025)
24 slides from Galiano Gold's investor presentation, August 2025
Slide 1: Investor Update August 2025
Investor Update August 2025 © Copyright 2025 Galiano Gold. All rights reserved.
Slide 2: Forward Looking Information & Cautionary Statements
Forward Looking Information & Cautionary Statements Certain statements and information contained in this presentation constitute “forward-looking statements” within the meaning of applicable U.S. securities laws and “forward-looking information” within the meaning of applicable Canadian securities l
Slide 3: Non-IFRS Measures
Non-IFRS Measures Non-IFRS Performance Measures The Company has included certain non-IFRS performance measures in this presentation. These non-IFRS performance measures do not have any standardized meaning and therefore may not be comparable to similar measures presented by other issuers. Accordin
Slide 4: Corporate Snapshot
Corporate Snapshot Analyst Price Targets1 C$3.00 C$5.90 C$2.00 C$4.50 C$5.00 US$2.80 Scotia Hannam Partners BMO Beacon Securities Cormark HC Wainwright Basic Shares Outstanding2 Ticker: GAU Ownership3 Ownership Breakdown Gold Fields Ltd 19.58% 257M NYSE American & TSX Equinox Partners LLP 11.25% 11%
Slide 5: Maintaining Strong Cash Balance – No Debt
Maintaining Strong Cash Balance – No Debt 140 120 100 US Millions ($M) 80 60 123 121 106 106 40 20 0 Q2 2024* Q3 2024* Q4 2024** Q1 2025* *unaudited 5 ** audited
Slide 6: Building a Leading Gold Producer in Ghana
Building a Leading Gold Producer in Ghana No 1 gold producer Stable democracy in Africa Mature mining Secure jurisdiction regulations Large presence of major Access to skilled mining companies employee base 6
Slide 7: Asanko Gold Mine ("AGM") at a Glance
Asanko Gold Mine (“AGM”) at a Glance 2025 Expected Production Expected 2025 AISC1 Re-sequenced mine plan 130-150koz Au $1,750 – $1,950/oz delivered early Q1 25 Increasing Gold Production3 Decreasing AISC1 +82% over LOM avg <$1,300/oz over LOM avg Mineral Reserves2 M&I Mineral Resources2 2.03 Moz Au
Slide 8: Q1 Highlights
Q1 Highlights Health & Safety Two lost-time injuries (“LTIs”) and three total recordable injuries (“TRIs”) 12-month LTI and TRI frequency rates of 0.43 and 1.00 per million hours worked. Production Sold 26,994oz Au at an avg realized price of $2,833/oz Cost and capital expenditures Total cas
Slide 9: Gold Production and AISC Guidance
Guidance & 5 Year Outlook • AISC • Gold Production Gold Production and AISC1 300 $2,500 230-260 oz 250 210-240 oz $2,000 190-220 oz 1,750-1,950/oz 180-210 oz LOM Avg Au Production (koz) 200 210 koz/year AISC ($/oz Au) 1,400-1,700/oz $1,500 130-150 oz 1,300-1,600/oz 1,200-1,500/oz 1,100-1,400/oz 150
Slide 10: Upcoming Value Drivers
Upcoming Value Drivers 2024 Actual Production 1,2 (koz Gold) 400 350 82% increase in 300 production 250 200 150 100 50 0 Allied Gold Resolute Aris West African Galiano LOM Asante Orla K92 Mining Orezone Galiano Actual Thor Caledonia Avg. Organic Growth – 82% increase Au Secondary Crusher Advancing N
Slide 11: Q2 2025 Exploration Update
~$10M Q2 2025 Exploration Update 2025 Exploration Budget Abore Infill Phase 2 infill drilling program expanded to 8,900m and is currently underway Program designed to test for further extensions of mineralization beginning immediately below the MRMR following excellent Phase 1 results Phase 1
Slide 12: Abore Phase 2 Infill Targets
Abore Phase 2 infill Targets New High Grade Discovery South High Grade Zone Potential Ore shoot Trends Priority Drill Targets 2025 Drill Hole Traces Abore Long Section Multiple Ore Shoot Targets 12
Slide 13: Abore Update
Abore Update Plan map showing 2025 Abore Phase 1 Infill holes and significant intercepts 13
Slide 14: Abore Drilling
Abore Drilling Cross section looking north showing high grade intercepts in conversion holes ABPC25- Cross section of new zone discovery hole ABPC25-346 shown against current block 316 and ABPC25-328, which have expanded northern extent of Abore South pit high model looking north grade zone 14
Slide 15: Abore – Q2 deep drilling results
Abore – Q2 deep drilling results Cross Section A-A1 showing hole ABPC25-356 Completed Abore step-out drilling program: Consisted of 4 holes totaling 1,907m Designed to test for continuity of mineralization below current MRMR Confirmed granite and mineralizing system continues 200m below cu
Slide 16: Abore Update
Abore Update Plan map of Abore Deeps drilling showing Q2 2025 holes and significant intercepts 16
Slide 17: Abore: Significant Grades and Widths at Depth
Abore: Significant Grades and Widths at Depth Wide intercepts of host granite such as that shown here in ABDD25-350 demonstrate the upside growth potential at depth at Abore This hole is located under Abore main pit and carries high grades that could support a potential underground bulk mining o
Slide 18: Building on Strong Fundamentals
Building on Strong Fundamentals Unique High-Growth Gold Producer Largest single asset gold producer in Ghana Robust 5-Year Strong Cash Outlook Balance +$106M1 As production ramps up No Debt & AISC decreases Highly Prospective Land Strongly Positioned for Package Re-Rate On underexplored gold belt an
Slide 19: Contact
Contact N. American Toll-Free: 1-855-246-7341 Email: info@galianogold.com © Copyright 2025 Galiano Gold. All rights reserved.
Slide 20: Appendix
Appendix © Copyright 2025 Galiano Gold. All rights reserved. 20
Slide 21: Updated Mineral Reserve Estimate, as of December 31, 2024
Updated Mineral Reserve Estimate, as of December 31, 2024 Proven Probable Total Proven and Probable Deposit Tonnes Au Grade Au Content Tonnes Au Grade Au Content Tonnes Au Grade Au Content (koz) (Mt) (g/t) (koz) (Mt) (g/t) (koz) (Mt) (g/t) Nkran 10.6 1.67 571 10.6 1.67 571 Esaase 13.6 1.22 533 13.6
Slide 22: Updated Mineral Resource Estimate, as of December 31, 2024
Updated Mineral Resource Estimate, as of December 31, 2024 Measured Indicated Measured + Indicated Inferred Deposit Tonnes Grade Au Contained Tonnes Grade Au Contained Tonnes Grade Au Contained Tonnes Grade Au Contained (Mt) (g/t) (koz) (Mt) (g/t) (koz) (Mt) (g/t) (koz) (Mt) (g/t) (koz) Nkran 16.3 1
Slide 23: Tax
Tax Ghana corporate tax regime Corporate income tax Withholding taxes Rate 35% for mining (general rate 25%) Charged on purchases from foreign suppliers; rates Capital expenditure amortized over 5 years depend on country of domicile, and type of service, but typically range from 10% to 20% O
Slide 24: Building a Responsible Business
Building a Responsible Business ENVIRONMENT GOVERNANCE Limiting environmental impact to Maintaining sound corporate our concessions governance and ethical business practices BEST PRACTICES SOCIAL Implement best practices in Engaging with local communities sustainability to create self-sustaining leg