Galiano Gold reports 2024 gold production of 115.1K oz

The company states: “Produced 115,115 ounces, slightly below revised guidance of 120,000 to 130,000 ounces. Full year mill throughput of 5.1 million tonnes was constrained due to harder material processed and lower mobile crushing circuit availability. Fewer ore tonnes were mined from Abore due to mining at higher elevations following an expansion of the pit to take advantage of the increased Mineral Reserve. CEO Matt Badylak states: “We are well-positioned to capitalize on historic high gold prices, supported by a strong financial position and the completion of the Red Kite buyout. Optimization of the Life of Mine plan remains on track, with the release of results expected later this month. Recent additions to our management team and Board of Directors further strengthen our ability to meet our goals in the year ahead.”