Galiano Gold Inc (TSX:GAU)

C$ 1.86 0.1 (5.59%) Market Cap: 485.88 Mil Enterprise Value: 375.09 Mil PE Ratio: 0 PB Ratio: 1.48 GF Score: 48/100

Q1 2021 Galiano Gold Inc Earnings Call Transcript

May 05, 2021 / 09:00PM GMT

Release Date Price: C$1.56 (-0.64%)

Transcript

Gregory John McCunn

Galiano Gold Inc. - CEO, President & Director

Hello, everyone, and welcome to Galiano Gold's Q1 2021 Results Videocast. Please refer to our financial statements and MD&A on our website or filed on SEDAR for further details.

Q1 2021 has been an exciting quarter at Galiano with the Asanko Gold Mine off to a solid start to the year and Galiano taking its first steps in diversifying its activity beyond the Asanko Gold Mine. Earlier this quarter, Galiano began exploration work on our 100% owned Asumura property, located on the Western boundary of the Sefwi greenstone belt in Ghana. The property is located in a highly prospective region, approximately 65 kilometers southwest and along strike from Newmont's Ahafo operations.

The project covers over 247 square kilometers on 3 exploration concessions. Currently, we have soil sampling and geological mapping underway, and we expect to develop a drill program for execution later this year. Also in Q1, we completed the acquisition of an early stage exploration project in Mali from a subsidiary of Barrick Gold. The Mali

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