Golconda Gold Reports Strong Q3 2025 Gold Production Metrics

Author: Evelyn Baker Updated: 10-08-2025 07:32 AM

Golconda Gold Achieves Impressive Q3 Production Results

Golconda Gold Ltd. (“Golconda Gold” or the “Company”) (TSX-V: GG; OTCQB: GGGOF) is thrilled to announce a substantial advancement in its production figures for the third quarter of 2025. The Company successfully extracted 3,588 ounces of gold from its Galaxy Gold Mine during this period. This remarkable achievement marks an 18% increase in gold production compared to Q2 2025, and an even more impressive 51% increase over Q3 2024.

Production Overview for Q3 2025

Golconda Gold's performance can be broken down into key metrics, illustrating a robust mining operation:

**Mining Production Results:**

Princeton:
Ore Mined: 22,303 tons
Ore Grade: 3.39 g/t
Waste: 11,037 tons

Galaxy:
Ore Mined: 18,200 tons
Ore Grade: 3.22 g/t
Waste: 7,253 tons

Total for Q3 2025:
Ore Mined: 40,503 tons
Ore Grade: 3.31 g/t
Waste: 18,290 tons

Processing Insights and Gold Production

At the processing level, the Company reported significant improvements:

Concentrate Produced: 3,229 tons
Concentrate Grade: 34.6 g/t
Gold Produced: 3,588 ounces

CEO Statement on Production Success

Ravi Sood, CEO of Golconda Gold, shared his excitement regarding the record production levels achieved during the quarter. He mentioned that the Galaxy Gold Mine's output was significantly bolstered by mining activities at the Princeton orebody, which saw a remarkable 81% increase in ore mined compared to Q2 2025. This surge is attributed to the commencement of mining in the Princeton Top section.

Additionally, he highlighted that year-to-date production is already 74% greater than the same timeframe last year. The higher gold prices are creating substantial operational cash flow, enabling the Company to reduce debt and invest in the continued expansion of its operations. Plans are underway to refurbish the existing sub-vertical shaft and improve critical infrastructure, which will facilitate mining on an additional level at the Galaxy ore body by late 2025, providing a new ore source for the processing plant, which continues to maintain considerable spare capacity.

About Golconda Gold

Golconda Gold stands as a prominent un-hedged gold producer and explorer, with mining operations geographically diversified between regions rich in resources. The Company's commitment to safety, environmental responsibility, and community engagement underpins its operational ethos. The steadfast leadership team, comprised of seasoned mining professionals, possesses extensive expertise in managing large-scale mining and processing endeavors, to ensure the highest standards are consistently maintained.

Frequently Asked Questions

What is the total gold production for Q3 2025?

The total gold production for Q3 2025 was 3,588 ounces.

How does Q3 2025 production compare to previous quarters?

Q3 2025 production represents an 18% increase compared to Q2 2025 and a 51% increase compared to Q3 2024.

What factors contributed to the increase in production?

The increased production can be attributed to the higher ore mined from the Princeton orebody and advancements in mining infrastructure.

What are Golconda Gold's future expansion plans?

Future plans include refurbishing the sub-vertical shaft and enhancing infrastructure to support mining at additional levels in the Galaxy ore body.

How does Golconda Gold ensure operational excellence?

Golconda Gold's management team is dedicated to best practices in mining safety, environmental responsibility, and community involvement, ensuring they operate at world-class standards.

About The Author

Greetings, I'm 32-year-old author and financial specialist Evelyn Baker. My introduction into the financial industry started with an economics degree and continued with a wealth of experience in wealth management and financial consulting. My great passion over the years has been assisting people and companies in making wise, well-informed decisions to reach their financial objectives.

My goal with writing is to simplify difficult financial ideas into understandable, doable guidance. My goal in writing many books and articles is to make personal finance understandable to everyone, irrespective of their experience or background. I want to give readers the information they need to take charge of their financial futures, from investing and retirement planning to budgeting and saving.

Along with my writing, I lead webinars and workshops where I provide doable advice and methods for achieving financial success. To reach a larger audience, I also frequently contribute to financial blogs and publications. My method is always to offer doable, real-world guidance that can actually improve people's lives.

Aside from my job, I like to cook, travel, and experience other cultures. I work hard to apply my belief in the value of a balanced life to my financial counsel. My goal in working is to encourage and enable people to succeed financially so they may lead the best lives possible.

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