Galiano Gold (GAU) Reports High-Grade Drilling Results and Expands 2026 Exploration Budget

Core Viewpoint - Galiano Gold Inc. is identified as one of the most undervalued gold stocks, with recent positive drilling results indicating significant potential for resource expansion at the Abore deposit within the Asanko Gold Mine in Ghana [1][2]. Group 1: Drilling Results and Resource Expansion - Galiano Gold reported positive results from its 2025 drilling program at the Abore deposit, confirming high-grade mineralization extending up to 200 meters below previous drill holes [1]. - Significant intercepts from the 11,000-meter drilling campaign include 14.2 g/t gold over 15 meters and 4.4 g/t gold over 30 meters, showcasing strong continuity across the South, Main, and North pits [1]. - The findings suggest that the Abore mineralizing system is larger than previously estimated and remains open at depth, which will be crucial for the maiden underground Mineral Resource estimate expected in February 2026 [2]. Group 2: Future Exploration Plans - Galiano Gold has approved a $17 million exploration budget for 2026, with a planned 30,000-meter drilling program specifically for the Abore deposit [2]. - The upcoming drilling phase aims to further grow the underground resource and upgrade categories to support a potential maiden underground Mineral Reserve in 2027 [2]. Group 3: Analyst Ratings and Price Target - Scotiabank raised the price target for Galiano Gold Inc. to C$4.75 from C$3.50 while maintaining a Sector Perform rating [3]. Group 4: Company Overview - Galiano Gold Inc. is a mining, development, and exploration company that holds a 90% interest in the Asanko Gold Mine located on the Asankrangwa Gold Belt in Ghana, West Africa [4].