This update is being published as the wire service misspelled the company’s name in the title of the original version of this release.
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service → publish → release
No other changes have been made to this release.
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changes → make → release
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.
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Ltd. → please → Q3
The Q3 2026 production numbers are as follows:
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numbers → follow → ?
Golconda 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.
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We → comment → tonnes
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.”
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we → increase → 2026
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”.
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shares → quote → symbol
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.
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team → comprise → operations
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.
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it → commit → which
Note:
(1) This is forward-looking information and is based on a number of assumptions.
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This → look → assumptions
Certain statements contained in this press release constitute “forward-looking statements”.
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statements → contain → 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.
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that → contain → words
These statements are not historical facts but instead represent only the Company’s expectations, estimates and projections regarding future events.
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statements → represent → events
These statements are not guarantees of future performance and involve assumptions, risks and uncertainties that are difficult to predict.
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that → involve → assumptions
Therefore, actual results may differ materially from what is expressed, implied or forecasted in such forward-looking statements.
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what → differ → statements
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.
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results → cause → year
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.
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they → provide → 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.
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they → look → 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.
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Company → look → law
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.
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that → form → Instrument
Mr. Crossling has verified the technical and scientific data disclosed herein and has conducted appropriate verification on the underlying data.
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Crossling → verify → 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.
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term → define → release