Galiano Gold, Inc. · TSX:GAU
Galiano Gold — Q1 2026 Earnings Presentation
9 slides from Galiano Gold's earnings presentation, May 14, 2026
Slide 1: Galiano Gold Reports First Quarter 2026 Results
GALIANO GOLD REPORTS FIRST QUARTER 2026 RESULTS Vancouver, British Columbia, May 13, 2026 – Galiano Gold Inc. (“Galiano” or the “Company”) (TSX, NYSE American: GAU) is pleased to report its first quarter (“Q1”) 2026 operating and financial results. Galiano owns a 90% interest in the Asanko Gold Mine
Slide 2: Highlights, Costs and Exploration
• Capitalized development pre-stripping costs at Nkran Cut 3 of $13.5 million. Costs • All-in sustaining costs1 (“AISC”) of $2,361/oz, a 6% decrease compared to Q1 2025 despite higher royalties expense. • FY 2026 AISC1 guidance has been revised to between $2,300/oz and $2,600/oz (previously $2,000/o
Slide 3: Summary of Quarterly Operational and Financial Highlights
SUMMARY OF QUARTERLY OPERATIONAL AND FINANCIAL HIGHLIGHTS Q1 2026 Q4 2025 Q3 2025 Q2 2025 Q1 2025 Health and Safety LTIs(1) - - - - 2 TRIs(1) - - 1 - 3 12-month rolling LTI frequency rate 0.00 0.24 0.39 0.42 0.43 Mining Operations Ore mined (‘000t) 1,521 1,575 1,605 1,365 1,296 Waste mined (‘000t) 9
Slide 4: Mining and Processing
Mining • Mined 1.1 Mt of ore at the Abore deposit at an average grade of 0.9 g/t gold and a strip ratio of 6.1:1. Mined grades and strip ratio were largely consistent with Q4 2025. • Mined 0.4 Mt of ore at the Esaase deposit at an average grade of 0.7 g/t gold and a strip ratio of 5.9:1. Ore tonnes
Slide 5: Exploration
Exploration • During Q1 2026, 11,578m of drilling completed at Abore of a planned program total of 32,000m of diamond drilling, which aims to grow the underground Mineral Resource through step-out drilling to at least 200m below the maiden underground Mineral Resource. Results received to date conti
Slide 6: Net Income and Adjusted EBITDA
• The Company reported net income attributable to common shareholders of $32.7 million in Q1 2026, or $0.13 per common share, compared to a net loss of $26.8 million in Q1 2025, or a loss of $0.10 per common share. The increase in net income during Q1 2026 was primarily due to higher recorded revenu
Slide 7: About Galiano Gold Inc.
cash flows and is an important indicator of the strength of the Company’s operations and performance of its core business. Qualified Person The exploration information contained in this news release has been reviewed and approved by Mr. Chris Pettman, P.Geo, Vice President Exploration of Galiano. Al
Slide 8: Forward-Looking Statements
applicable to the AGM will not change, and there will be no imposition of additional exchange controls in Ghana; the success of the Company in implementing its development strategies and achieving its business objectives; the Company will have sufficient working capital necessary to sustain its oper
Slide 9: Risk Factors
related to changes in interest rates and foreign currency exchange rates; changes to taxation laws applicable to the Company may affect the Company's profitability and ability to repatriate funds; risks related to the Company's internal controls over financial reporting and compliance with applicabl