Galiano Gold Inc (AMEX:GAU)

$ 1.78 0.07 (4.09%) Market Cap: 451.45 Mil Enterprise Value: 345.42 Mil PE Ratio: 30.38 PB Ratio: 1.99 GF Score: 49/100

Q1 2019 Asanko Gold Inc Earnings Call Transcript

May 08, 2019 / NTS GMT

Release Date Price: $0.62 (-3.13%)

Transcript

Gregory John McCunn

Asanko Gold Inc. - Director & CEO

Good day, everyone, and welcome to Asanko Gold's first videocast. We hope this will be a regular feature in the future and an improved way of communicating with our shareholders and other stakeholders.

Today, I'd like to talk about our Q1 2019 results and to give you an update on my views after my first month as CEO. The mine had a good start to the year, delivering a solid operational performance for the quarter. The operations produced 60,425 ounces of gold, our third consecutive quarter over 60,000 ounces. And we're on track to meet our guidance of 225,000 to 245,000 ounces of gold in 2019.

We also achieved a major milestone for the company with the start of mining operations at our Esaase pit in January. By quarter end, approximately 25% of the mill feed was coming from Esaase, and we expect this to continue for the foreseeable future.

Importantly, we met our production goals safely with no lost time injuries. The operations have now achieved over 2 years without a lost time injury. That's over 12 million man hours

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