Golconda Gold Ltd. (TSX-V: GG) (OTCQX: GGGOF) is pleased to announce record quarterly production of 4,301 ounces of gold for the third quarter of 2026 at its Galaxy Gold Mine an increase of 18% in gold production compared to Q2 2026 and an increase of 20% compared to Q3 2025.

The Q3 2026 production numbers are as follows:

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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. 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⁾

About Golconda Gold

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.

Note:

(1)      This is forward-looking information and is based on a number of assumptions. See “Cautionary Notes”.