#Canada #Vancouver #Galiano Gold #Asanko Gold Mine #Abore

Galiano Gold's Positive Drilling Results at Abore

Galiano Gold Inc., trading under the symbols TSX: GAU and NYSE American: GAU, recently published highly positive outcomes from its deep drilling initiative at the Abore deposit, located within the Asanko Gold Mine (AGM) in Ghana, West Africa. On July 14, 2025, the company announced that the deep step-out drilling program successfully detected significant mineralization across four exploration holes that spanned a total of 1,907 meters, demonstrating the depth expansion capability of the Abore deposit. This discovery maintains a strike length of approximately 1,200 meters, significantly below the current mineral reserves.

Drilling Details and Results

The completed drilling program primarily aimed to explore for mineral continuity beneath the existing mineral reserves while assessing the potential for further resource expansion. The noteworthy results recorded include:

• - Hole ABDD25-350: 36 meters at a grade of 2.5 grams per tonne (g/t) of gold, with a spectacular section of 22 meters at 3.8 g/t.
• - Hole ABDD25-352: Two segments indicating mineralization, one measuring 18 meters at 1.9 g/t and another 12 meters at 1.5 g/t.
• - Hole ABPC25-356: Recorded intersections of 16 meters at 3.1 g/t and an additional 5 meters at 2.3 g/t from 412 meters depth.

The consistency of mineralization across all four drill holes is reassuring, as it suggests a robust granite and mineralizing system extending at least 200 meters below the existing mining pit and remains open in all directions. Matthew Badylak, the company’s President and CEO, expressed his optimism regarding these findings, highlighting their implications for potential underground mining development.

Future Exploration Plans

Following these encouraging results, Galiano Gold is moving forward with Phase 2 of its infill drilling program at Abore. This initiative will target areas just below the existing resource boundaries, looking to delineate additional extensions of mineralization. The first phase of this initiative saw significant success in Q1 of 2025, resulting in the discovery of a new high-grade zone within the Abore deposit.

Abore Background

The Abore site is approximately 13 kilometers north of AGM's processing facility and houses significant measured and indicated mineral resources of about 638,000 ounces at an average grade of 1.24 g/t Au, with additional inferred resources of 78,000 ounces at 1.17 g/t Au, as detailed in the company's latest reserve estimates from December 31, 2024.

Situated within the prolific Asankrangwa gold belt and alongside the Esaase shear corridor, the geology of Abore is primarily characterized by a sequence of sedimentary layers, including siltstones, shales, and sandstones interspersed with granite—a structural feature conducive to hosting significant gold deposits. Galiano's committed strategy involves optimizing resource extraction while adhering to strong environmental and social standards, ensuring that stakeholder value is prioritized.

Galiano Gold's ability to tap into these newly identified mineralization zones at Abore reaffirms its position as a competitive player in the mining sector, particularly amidst the escalating demand for gold as an investment and storage of value. Continuously advancing exploration initiatives at Abore could lead to substantial growth in the company's overall resources and operational sustainability. Further updates on drilling and resource assessments are expected in the upcoming months, providing stakeholders with critical insights into the unfolding developments at Abore.