Galane Gold production surges

SHARE   |   Monday, 11 July 2016   |   By Staff Writer

Galane Gold has announced that the three month period ending June 2016 saw an increase in production from its operation at Mupane Gold Mine. The Botswana Stock Exchange (BSE) listed miner reported this week that production from Mupane mine was 7,855 ounces – an increase of 2,027 ounces on the previous quarter. The increase is said to be a reflection of the higher grade being fed to the operating plant with the commencement of mining in the main Tau ore body in April 2016.

Company CEO, Nick Brodie, said the second quarter output outperformed their internal expectations with mining commencing in the main ore body at Tau three months before originally anticipated. “The increase in production is a reflection of the management team’s hard work and determination over the last two years to turn Mupane into a high grade underground operation,” commented Brodie.Brodie said production at Mupane mine for the three months represents the company’s best quarterly production since the second quarter of 2014 when Galane Gold completed mining at Tholo open pit.

The company Chief Executive said they expect the momentum at the Mupane mine to continue into future quarters as Tau ore body gets further exposed. “The management team is now focused on its second main goal for 2017, the resumption of production at Galaxy.”