Galiano Gold (GAU) Intersects High-Grade Mineralization Beyond Resource Limits at Abore

Galiano Gold Inc. (NYSEAMERICAN:GAU) is one of the best Canadian stocks under $10 to buy now. On May 11, Galiano Gold reported assay results from its 2026 drilling program at the Abore deposit, part of the Asanko Gold Mine in Ghana. The ongoing 30,000-meter campaign has successfully intersected high-grade mineralization well beyond current underground Mineral Resource limits, including a discovery ~180 meters below existing resources. Notable intercepts include 53 meters at 3.9 g/t gold and 32 meters at 4.7 g/t gold, showing robust potential for resource growth at depth and along strike.

The drilling confirmed a new 200-meter-long mineralized zone beneath the Main pit and identified a high-grade extension in the South zone. To date, ~14,500 meters of drilling have been completed, with step-out holes proving that the mineralized system remains open in multiple directions. These results have prompted the company to initiate the permitting process for an underground exploration drilling adit, with plans to break ground in early 2027 to further evaluate the deposit’s scale and move toward a maiden Mineral Reserve.

In addition to deep step-out successes, infill drilling has improved the continuity of known mineralized zones, comparing favorably to the widths and grades of existing resource estimates. Management indicated that the identification of new high-grade zones beneath the northern end of the Main pit reinforces Abore’s potential to become a major underground mining operation. Further assay results from the program are expected throughout Q2 2026 as drilling continues across the deposit.

Galiano Gold Inc. (NYSEAMERICAN:GAU) is engaged in the acquisition and exploration of mineral resources, with a primary focus on the Asanko Gold Mine in West Africa.

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