Galiano Gold(GAU) - 2025 Q3 - Earnings Call Presentation

Q3 2025 Performance Highlights - Gold production increased by 7% from Q2 2025, reaching 32,533 ounces[17, 35] - Revenue increased by 17% from Q2 2025, reaching $114.2 million[17, 39] - Cash flow from operations increased by 13% from Q2 2025, reaching $40.4 million[17, 39] - Cash and cash equivalents increased by 2% from Q2 2025, reaching $116.4 million[17, 39] - Abore metres drilled increased significantly by 129% from Q2 2025, reaching 11,554 metres[17] Mining Operations - Abore ore mined increased by 57% from Q2 2025, with 1.3 Mt ore mined[23] - Nkran material mined increased by 111% compared to Q2 2025, with 3.6 Mt of material mined[34] - Esaase ore mined decreased by 83% from Q2 2025, with 0.1 Mt ore mined due to a temporary pause in mining operations[24] Financials and Costs - All-in Sustaining Costs (AISC) increased by 1% from Q2 2025, reaching $2,283 per ounce[17, 39] - Processing cost improved from $12.89/t in Q2 2025 to $12.57/t in Q3 2025[43] - Mining cost decreased by 8% from $3.65/t in Q2 2025 to $3.36/t in Q3 2025[49] Exploration and Future Outlook - The company maintains a strong cash balance of $116.4 million[17, 39] - The company has revised its production guidance to 120,000 – 125,000 ounces of gold and AISC to $2,200/oz - $2,300/oz[37]