The company said that gold sales were 62,925 ounces at an average realized price of $1,757 per ounce, generating gold revenue of $110.6 million for the quarter.
“The Asanko gold mine delivered another solid operational quarter and with continued metal price strength was in a position to make a $10 million distribution to the JV partners, allowing Galiano’s balance sheet to remain strong with approximately $65 million in cash and receivables as at March 31st and no debt,” said CEO Greg McCunn.