Golconda Gold Ltd. is pleased to announce production of 2,947 ounces of gold for the first quarter of 2025 at its Galaxy Gold Mine , a 32% increase in gold production compared to Q4 2024 and a 96% increase on Q1 2024. The Q1 production numbers are as follow: Mining Q1 2025 Q4 2024 FY 2024 Princeton Ore Mined 8,472 10,536 25,212 Ore Grade 3.50 3.51 3.73 Waste 4,906 8,316 24,236 Galaxy Ore Mined 18,899 18,943 62,483 Ore [...]
Golconda Gold Ltd. is pleased to announce production of 2,230 ounces of gold for the fourth quarter of 2024 and 7,712 ounces of gold for the year ended December 31, 2024 at its Galaxy Gold Mine , a 22% increase in gold production compared to the prior year. The production numbers for the FY 2024 are as follows: Ore Source Q1 2024 Q2 2024 Q3 2024 Q4 2024 FY 2024 FY 2023 Princeton UG Ore Mined 2,317 5,128 7,231 10,536 [...]
Golconda Gold Ltd. is pleased to announce that Mr. Vikram Kapoor has been appointed to the board of directors to fill the vacancy as a result of the departure of Nicholas Brodie. Mr. Kapoor is a serial entrepreneur and accomplished financier with experience spanning multiple sectors and geographies. Starting his career at GMP Capital in 2006, Mr. Kapoor has built an impressive track record of identifying and supporting [...]
Golconda Gold Ltd. announces that its Chief Executive Officer, Nicholas Brodie, will be retiring as CEO and a director of Golconda Gold on November 30, 2024. We are pleased to announce that Ravi Sood, Golconda Gold founder, Executive Chairman, and former CEO, will replace Mr. Brodie as Chief Executive Officer effective November 30, 2024. Mr. Sood has been the Executive Chairman of Golconda Gold since its inception and [...]
Golconda Gold Ltd. is pleased to announce the release of its financial results for the three and nine months ended September 30, 2024. A copy of the unaudited condensed consolidated interim financial statements for the three and nine months ended September 30, 2024, prepared in accordance with International Financial Reporting Standards, and the corresponding management's discussion and analysis , are available under the [...]
Golconda Gold Ltd. is pleased to announce production of 2,384 ounces of gold for the third quarter of 2024 at its Galaxy Gold Mine , approximately a 50% increase in gold production compared to the previous quarter. The production numbers for the first three quarters and the year to date are: Ore Source Q1 2024 Q2 2024 Q3 2024 YTD 2024 Princeton UG Ore Mined 2,317 5,128 7,231 14,676 Ore Grade 3.84 3.80 3.95 3.88 Waste [...]
Golconda Gold Ltd. is pleased to announce the release of its financial results for the three and six months ended June 30, 2024. A copy of the unaudited condensed consolidated interim financial statements for the three and six months ended June 30, 2024, prepared in accordance with International Financial Reporting Standards, and the corresponding management's discussion and analysis , are available under the Company's [...]
Golconda Gold Ltd. is pleased to announce the release of its financial results for the three months ended March 31, 2024. A copy of the unaudited condensed consolidated interim financial statements for the three months ended March 31, 2024, prepared in accordance with International Financial Reporting Standards, and the corresponding management's discussion and analysis , are available under the Company's profile on [...]
Golconda Gold Ltd. is pleased to announce that it has commenced mining at, and delivered its first ore to the processing plant, from Princeton Top, a key step in its development plan to significantly increase production at its Galaxy Gold Mine. Princeton Top contains an Indicated resource of 912,846 tonnes at 3.04 grammes of gold per tonne containing 89,200 ounces of gold. The Company has used the funds received from the [...]
Golconda Gold Ltd. is pleased to announce the release of its financial results for the year ended December 31, 2023. All amounts are in United States dollars unless otherwise indicated. A copy of the audited consolidated financial statements for the year ended December 31, 2023 prepared in accordance with International Financial Reporting Standards and the corresponding Management's Discussion and Analysis will be [...]
Golconda Gold Ltd. today announces that further to its November 23, 2023 press release, it has completed the US$5 million stream transaction relating to its Galaxy project in South Africa with Empress Royalty Holding Corp. , a wholly-owned subsidiary of Empress Royalty Corp. . Golconda Gold, its subsidiary Galaxy Gold Reefs Ltd., and certain of its affiliates, entered into a metal purchase and sale agreement dated [...]
Golconda Gold Ltd. is pleased to announce the release of its financial results for the three and nine months ended September 30, 2023. A copy of the unaudited condensed consolidated interim financial statements for the three and nine months ended September 30, 2023, prepared in accordance with International Financial Reporting Standards, and the corresponding management's discussion and analysis , are available under the [...]