Loading…
Loading…
Golconda Gold operates two producing mines with plans to double output in 2.5 years and spin off the Summit project. GGGOF trades at 0.3x P/NAV, offering significant near- and medium-term upside, with a projected NAV of $375 million versus a $107 million market cap. Operational upgrades, rising throughput, and self-funded expansion at Galaxy, plus Summit's silver ramp-up, underpin robust earnings and future cash flows.
TORONTO, July 09, 2026 (GLOBE NEWSWIRE) -- Golconda Gold Ltd. (“Golconda Gold” or the “Company”) (TSX-V: GG; OTCQX: GGGOF) is pleased to announce quarterly production of 3,648 ounces of gold for the second quarter of 2026 (“Q2”) at its Galaxy Gold Mine (“Galaxy”), consistent with gold production compared to Q1 2026 and a 20% increase on Q2 2025.
TORONTO, June 02, 2026 (GLOBE NEWSWIRE) -- Golconda Gold Ltd. (“Golconda Gold” or the “Company”) (TSX-V: GG; OTCQX: GGGOF) is pleased to announce that James Colter Eadie and Paul Olmsted have been elected to the Company's board of directors at the Company's annual and special meeting of shareholders held on June 1, 2026.
Golconda Gold Ltd. offers a compelling opportunity, combining profitable gold production at Galaxy Mine with a planned spin-off of its U.S. silver assets. GGGOF is ramping up Galaxy Mine production, targeting 45,000 tpm and 45,000 oz of gold annually by 2028, now debt-free and self-funding. The upcoming Summit Mine spin-off, expected in Q4 2026, is positioned to unlock significant shareholder value, with a potential $50–$100M market cap.
Golconda Gold offers a compelling annualised FCF yield of 13%, poised to as much as double in the near term as the Summit mine restarts and ramps up. Summit mine is expected to be online in H1 2027, adding 50% capacity and serving as a key near-term catalyst for FCF generation. It is in the operational permitting phase. Gold price risks persist associated with reinflation, but debasement trade logics are still in play to support bullion, mitigating downside concerns despite higher implicit bullion costs.
TORONTO, May 25, 2026 (GLOBE NEWSWIRE) -- Golconda Gold Ltd. ("Golconda Gold" or the "Company") (TSX-V: GG; OTCQX: GGGOF) is pleased to announce the release of its financial and operating results for the three months ended March 31, 2026. A copy of the unaudited condensed consolidated interim financial statements for the three months ended March 31, 2026, prepared in accordance with International Financial Reporting Standards, and the corresponding management's discussion and analysis (the "MD&A"), are available under the Company's profile on www.
TORONTO, May 25, 2026 (GLOBE NEWSWIRE) -- Golconda Gold Ltd. (“Golconda Gold” or the “Company”) (TSX-V: GG; OTCQX: GGGOF) is pleased to announce the release of its financial and operating results for the three months ended March 31, 2026.
TORONTO, April 23, 2026 (GLOBE NEWSWIRE) -- Golconda Gold Ltd. (“Golconda Gold” or the “Company”) (TSX-V: GG; OTCQX: GGGOF) is pleased to announce the release of its financial results for the year ended December 31, 2025. All amounts are in United States dollars unless otherwise indicated.
No recent filings indexed.