Galane Gold Ltd (CVE:GG) (OTCQB:GGOF) CEO Nick Brodie joins Midas Letter to discuss the gold junior mining company’s latest developments. Galane Gold has two gold-producing mining operations located in South Africa and Botswana. The latter of the exploration sites produced over 36,000 ounces of gold, which represents its best annual output since 2013. The company’s Galaxy mine in South Africa is now operational after being purchased in 2015 with its first ore production achieved. The management team have ramp-up plans to expand the plant to 30,000 tonnes per month by next year. The CEO explains how Galane Gold is differentiated from its junior mining and exploration competitors due to the sheer scale and production of its operations. Galane Gold is also generating revenues and looking at “up to $100 million, in 2020 at today’s gold prices.”
Original article: Nothing Small about Junior Mining Company Galane Gold Ltd (CVE:GG)
©2019 Midas Letter. All Rights Reserved.