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FINWIRES

Golconda Gold Announces Record Quarterly Production For Its Galaxy Gold Mine

-- Golconda Gold (GG.V) on Tuesday reported record quarterly gold production in the first quarter from its Galaxy gold mine in South Africa.

The company reported gold production of 3,693 ounces of gold in the quarter, up 25% from the year-prior period.

"We had a strong first quarter of 2026, with increases seen in ore mined, development and gold production compared to Q4 2025," chief executive Ravi Sood sad. "Mining at Galaxy 26 Level continued its ramp-up, adding a fourth working area to the mine, which is expected to further increase gold production going forward."

The company's shares closed up $0.05 to $2.71 on TSX Venture Exchange.

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