tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Galiano Gold Extends High-Grade Abore Mineralization Ahead of Maiden Underground Resource

Story Highlights
  • Galiano’s 2025 Abore drilling confirms extensive high-grade gold continuity across multiple pits.
  • Deep step-out holes significantly expand Abore’s footprint ahead of a maiden underground resource.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Galiano Gold Extends High-Grade Abore Mineralization Ahead of Maiden Underground Resource

Claim 50% Off TipRanks Premium

Galiano Gold ( (TSE:GAU) ) has provided an update.

Galiano Gold has reported strong results from its 2025 Abore drilling program at the Asanko Gold Mine in Ghana, with multiple high-grade gold intercepts that significantly expand the known mineralized footprint at depth. The 11,000-metre Phase 2 campaign, completed in December, confirmed continuity of high-grade zones across the Abore South, Main and North pits and extended mineralization up to 200 metres below previous drilling, including standout intercepts such as 14.2 g/t gold over 15 metres and 4.7 g/t gold over 24 metres. These results increase the vertical extent of key ore shoots, demonstrate that the Abore system is larger than previously understood and remains open at depth, and will feed into a maiden underground mineral resource estimate for Abore expected in February 2026, underscoring the deposit’s emerging role as a core growth driver for the mine and a potential boost to Galiano’s future production profile.

The most recent analyst rating on (TSE:GAU) stock is a Hold with a C$4.50 price target. To see the full list of analyst forecasts on Galiano Gold stock, see the TSE:GAU Stock Forecast page.

Spark’s Take on TSE:GAU Stock

According to Spark, TipRanks’ AI Analyst, TSE:GAU is a Neutral.

The score is driven primarily by mixed financial performance: improving revenue and stronger operating cash flow, but a swing to TTM losses and negative ROE. Technicals are modestly supportive with the price above key moving averages but neutral momentum. Valuation is pressured by the negative P/E, while the latest earnings call was moderately positive on operations and liquidity but tempered by lowered guidance and high sustaining costs.

To see Spark’s full report on TSE:GAU stock, click here.

More about Galiano Gold

Galiano Gold Inc. is a precious metals mining company focused on gold exploration and production, primarily through its Asanko Gold Mine in Ghana, West Africa. The company’s operations center on developing open-pit and emerging underground deposits, with an emphasis on expanding high-grade resources to support long-term production growth.

Average Trading Volume: 493,699

Technical Sentiment Signal: Buy

Current Market Cap: C$1.09B

For detailed information about GAU stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1