Newsfile·2025-11-17 12:30Core Viewpoint - Galiano Gold Inc. is advancing towards establishing a maiden underground mineral resource at the Abore deposit, with recent drilling results indicating significant high-grade intercepts, including 4.7 g/t Au over 28m and 3.5 g/t Au over 17m, which will be included in the upcoming resource estimate expected in February 2026 [1][6]. Drilling Program Update - The ongoing drilling program at Abore, part of the Asanko Gold Mine in Ghana, has confirmed multiple high-grade intercepts, leading to an expansion of the drilling program by an additional 11,000 meters [1][14]. - The current drilling campaign began in Q2 2025 and is set to continue through the end of Q4 2025 and into 2026 [7]. High-Grade Intercepts - Significant drill results include: - 4.7 g/t Au over 28m from 339m depth (Hole ABDD25-414) - 3.5 g/t Au over 17m from 364m depth (Hole ABPC25-406) - 3.6 g/t Au over 20m from 178m depth (Hole ABDD25-425) [5][9]. - The drilling has confirmed excellent continuity of high-grade mineralization within the north plunging ore shoots below both the South and Main pits, spanning approximately 800m in strike length [9][12]. Resource Expansion Strategy - The company aims to increase the density of drilling to convert inferred resources to indicated resources and to test for further extensions of mineralization along strike and plunge below the existing mineral resource [15]. - A budget of $3.1 million has been approved for the additional drilling, with a focus on defining a maiden underground mineral resource [14][15]. Geological Context - The Abore deposit is located along the Esaase shear corridor and is characterized by a sedimentary sequence intruded by granite, with mineralization primarily constrained to the granite [16][15]. - The geology supports the potential for underground mining, with high-grade mineralization associated with quartz vein areas along the granite/sediment contact [16]. Future Outlook - The company plans to deliver an updated mineral resource and mineral reserve statement by February 2026, incorporating new exploration data collected before the cut-off date of January 5, 2026 [15][14]. - The results from the current drilling program are expected to redefine the long-term future of the Asanko Gold Mine [6].