Galiano Gold commences exploration work on wholly owned Asumura property in Ghana
06-05-2021 15:56:56 | by: Pie Kamau | hits: 2028 | Tags:

Galiano Gold announced that exploration work has commenced on its 100% owned Asumura property in Ghana.

Asumura is located along the western boundary of the Sefwi greenstone belt, approximately 65 km south west and along strike from Newmont's Ahafo mine. A program of soil sampling and geological mapping is currently underway, with a view to targeting follow up drilling later in 2021.

"The Asumura property has not received much attention from us over the past several years as we have focused on operating the Asanko Gold Mine.  This year, we are excited to begin field work to explore this opportunity to create value for Galiano shareholders through exploration," said Greg McCunn, Chief Executive Officer. "The project is at an early stage, but we believe its location and geological setting make it an attractive greenfield target."

The Asumura property local geological setting and north-easterly trending structures and cross structures result in multiple areas of exploration interest on a large land package. The Asumura property consists of the Asumura, Fosukrom and Pomaakrom concessions and covers a total of approximately 247.0 square kilometers.