Goldconda Gold Releases Q3 2026 Production Update at Galaxy

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Postmedia has not reviewed the content. by GlobeNewswire Goldconda Gold Releases Q3 2026 Production Update at GalaxyAuthor of the article:TORONTO, Oct. 15, 2026 (GLOBE NEWSWIRE) — Golconda Gold Ltd. (“Golconda Gold” or the “Company”) (TSX-V: GG; OTCQX: GGGOF) is pleased to announce record quarterly production of 4,301 ounces of gold for the third quarter of 2026 (“Q3 2026”) at its Galaxy Gold Mine (“Galaxy”), an increase of 18% in gold production compared to Q2 2026 and an increase of 20% compared to Q3 2025.THIS CONTENT IS RESERVED FOR SUBSCRIBERS ONLYSubscribe now to read the latest news in your city and across Canada.Exclusive articles from Barbara Shecter, Joe O'Connor, Gabriel Friedman, and others.Daily content from Financial Times, the world's leading global business publication.Unlimited online access to read articles from Financial Post, National Post and 15 news sites across Canada with one account.National Post ePaper, an electronic replica of the print edition to view on any device, share and comment on.Daily puzzles, including the New York Times Crossword.SUBSCRIBE TO UNLOCK MORE ARTICLESSubscribe now to read the latest news in your city and across Canada.Exclusive articles from Barbara Shecter, Joe O'Connor, Gabriel Friedman and others.Daily content from Financial Times, the world's leading global business publication.Unlimited online access to read articles from Financial Post, National Post and 15 news sites across Canada with one account.National Post ePaper, an electronic replica of the print edition to view on any device, share and comment on.Daily puzzles, including the New York Times Crossword.REGISTER / SIGN IN TO UNLOCK MORE ARTICLESCreate an account or sign in to continue with your reading experience.Access articles from across Canada with one account.Share your thoughts and join the conversation in the comments.Enjoy additional articles per month.Get email updates from your favourite authors.THIS ARTICLE IS FREE TO READ REGISTER TO UNLOCK.Create an account or sign in to continue with your reading experience.Access articles from across Canada with one accountShare your thoughts and join the conversation in the commentsEnjoy additional articles per monthGet email updates from your favourite authorsSign In or Create an AccountThe Q3 2026 production numbers are as follows:Mining Q32026Q22026YTD2026FY2025Q32025PrincetonOre Mined(t) 19,17814,11051,24159,42822,303Ore Grade(g/t)3.813.753.653.883.39Development(m)292244809952272GalaxyOre Mined(t)29,65526,04981,79376,00018,200Ore Grade(g/t)3.082.562.813.133.22Development(m)27214354337182TotalOre Mined(t)48,83340,159133,034135,42840,503Ore Grade(g/t)3.362.983.143.463.31Development(m)5643871,3521,323354This advertisement has not loaded yet, but your article continues below.Processing Q32026Q22026YTD2026FY2025Q32025Ore processed(t)49,16644,811135,156130,63737,163Concentrate produced(t)3,8983,60211,87211,2893,229Concentrate grade(g/t)34.331.530.435.934.6Gold produced(oz)4,3013,64811,58613,0203,588Get the latest headlines, breaking news and columns.By signing up you consent to receive the above newsletter from Postmedia Network Inc.A welcome email is on its way. If you don't see it, please check your junk folder.The next issue of Top Stories will soon be in your inbox.We encountered an issue signing you up. Please try againGolconda Gold CEO, Ravi Sood commented: “We are pleased to announce record quarterly gold production at Galaxy for Q3 2026, including record ore tonnes mined, processed and development metres. Our recent investment in underground mining equipment and surface infrastructure has significantly increased equipment availability and mining cycle efficiency, and we expect further operational improvements going forward in the final quarter of 2026.” (1)Golconda Gold is an un-hedged gold producer and explorer with mining operations and exploration tenements in South Africa and New Mexico. Golconda Gold is a public company and its shares are quoted on the TSX Venture Exchange under the symbol “GG” and the OTCQX under the symbol “GGGOF”. Golconda Gold’s management team is comprised of senior mining professionals with extensive experience in managing mining and processing operations and large-scale exploration programmes. Golconda Gold is committed to operating at the highest standards, focused on the safety of its employees, respecting the environment, and contributing to the communities in which it operates.This advertisement has not loaded yet, but your article continues below.(1) This is forward-looking information and is based on a number of assumptions. See “Cautionary Notes”.Certain statements contained in this press release constitute “forward-looking statements”. All statements other than statements of historical fact contained in this press release, including, without limitation, those statements regarding the Company’s expectation that there will be further operational improvements at the Galaxy mine in the final quarter of 2026, and the Company’s future financial position and results of operations, strategy, proposed acquisitions, plans, objectives, goals and targets, and any statements preceded by, followed by or that include the words “believe”, “expect”, “aim”, “intend”, “plan”, “continue”, “will”, “may”, “would”, “anticipate”, “estimate”, “forecast”, “predict”, “project”, “seek”, “should” or similar expressions or the negative thereof, are forward-looking statements. These statements are not historical facts but instead represent only the Company’s expectations, estimates and projections regarding future events. These statements are not guarantees of future performance and involve assumptions, risks and uncertainties that are difficult to predict. Therefore, actual results may differ materially from what is expressed, implied or forecasted in such forward-looking statements.This advertisement has not loaded yet.This advertisement has not loaded yet, but your article continues below.Additional factors that could cause actual results, performance or achievements to differ materially include, but are not limited to the risk factors discussed in the Company’s management’s discussion and analysis for the year ended December 31, 2025. Management provides forward-looking statements because it believes they provide useful information to investors when considering their investment objectives and cautions investors not to place undue reliance on forward-looking information. Consequently, all of the forward-looking statements made in this press release are qualified by these cautionary statements and other cautionary statements or factors contained herein, and there can be no assurance that the actual results or developments will be realized or, even if substantially realized, that they will have the expected consequences to, or effects on, the Company. These forward-looking statements are made as of the date of this press release and the Company assumes no obligation to update or revise them to reflect subsequent information, events or circumstances or otherwise, except as required by law.This advertisement has not loaded yet, but your article continues below.Information of a technical and scientific nature that forms the basis of the disclosure in the press release has been approved by Kevin Crossling Pr. Sci. Nat., MAusIMM, Geological Consultant for Golconda Gold, and a “qualified person” as defined by National Instrument 43-101. Mr. Crossling has verified the technical and scientific data disclosed herein and has conducted appropriate verification on the underlying data. Neither the TSX Venture Exchange nor its regulation services provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.For further information please contact:Ravi SoodCEO, Golconda Gold Ltd.+1 (647) 987-7663ravi@golcondagold.comwww.golcondagold.comThis advertisement has not loaded yet.Notice for the Postmedia NetworkThis website uses cookies to personalize your content (including ads), and allows us to analyze our traffic. Read more about cookies here. By continuing to use our site, you agree to our Terms of Use and Privacy Policy.