Galane Gold Ltd. announces that B2Gold Corp. has provided notice that it is terminating the earn-in option agreement relating to certain of Mupane’s exploration properties in Botswana. Galane Gold CEO, Nick Brodie commented “B2Gold have identified several targets from their exploration work, none of which meet the size criteria for B2Gold, but all [...]
Galane Gold Ltd. is pleased to announce the release of its financial results for the three and six months ended June 30, 2020. A copy of the unaudited condensed consolidated interim financial statements for the three and six months ended June 30, 2020 prepared in accordance with International Financial Reporting Standards and the corresponding [...]
Galane Gold is pleased to announce the release of an independent updated National Instrument 43-101 technical report supporting the positive preliminary economic assessment for its currently operating Galaxy property in South Africa Unless otherwise indicated, all references to “$” in this press release refer to United States dollars. Highlights A [...]
Galane Gold Ltd. is pleased to announce the release of its financial results for the three months ended March 31, 2020. A copy of the unaudited condensed consolidated interim financial statements for the three months ended March 31, 2020 prepared in accordance with International Financial Reporting Standards and the corresponding Management’s [...]
Galane Gold Ltd. is pleased to announce the release of its financial results for the year ended December 31, 2019. All amounts are in United States dollars unless otherwise indicated. A copy of the audited consolidated financial statements for the year ended December 31, 2019 prepared in accordance with International Financial Reporting Standards [...]
Galane Gold Ltd. has acted swiftly to put precautions in place to manage the risk of COVID-19 to staff, the Company, contractors, the local communities, and all other stakeholders. The Company has had no reported cases of COVID-19 at either of our projects and we continue to ensure that our operations follow the latest professional guidance. The [...]
Galane Gold Ltd. is pleased to announce that during 2019, the Company produced 30,294 ounces of gold at its Mupane property and 2,773 tonnes of concentrate containing 2,905 ounces of gold at its Galaxy property. Galane Gold CEO, Nick Brodie, commented: “We are forecasting production of approximately 48,000 ounces from both properties in 2020 [...]
Galane Gold Ltd. is pleased to announce the release of its financial results for the three and nine months ended September 30, 2019. A copy of the unaudited condensed consolidated interim financial statements for the three and nine months ended September 30, 2019 and the corresponding management’s discussion and analysis are available under [...]
Galane Gold Ltd. is pleased to announce that during the month of October 2019 the Galaxy operations generated positive cash flows from operations. In October 2019 Galaxy dispatched 748 tonnes of concentrate at an average grade of 33.18 grams per tonne with payable gold of 598 ounces. The revenue generated covered the mining costs at Princeton, the [...]
Galane Gold Ltd. is pleased to announce that B2Gold Corp. has met the conditions of Tranche 1 of the previously announced earn-in option agreement with respect to certain Botswana prospecting sites and has confirmed its intent to commence with Tranche 2 expenditures of US$2 million. Galane Gold CEO, Nick Brodie commented: “B2Gold has [...]
Galane Gold Ltd. announces that it has entered into an agreement with a requisite percentage of debenture holders to amend certain terms of its existing US$1.672 million 4% unsecured convertible debentures originally issued in connection with the acquisition of Galaxy Gold Mining Limited in November 2015. Under the terms of the amended Debentures [...]
Galane Gold Ltd. is pleased to announce the release of its financial results for the three and six months ended June 30, 2019. A copy of the unaudited condensed consolidated interim financial statements for the three and six months ended June 30, 2019 and the corresponding management’s discussion and analysis are available under the [...]