Golconda Gold Ltd. reported production results for the second quarter and six months ended June 30, 2023. For the quarter, the company mined 19,171 tonnes of ore from its Galaxy and Princeton ore bodies, with an average grade of 3.11 grammes per tonne (g/t) an increase of 14% compared to 16,754 tonnes at 3.30 g/t in the three months ended March 31, 2023, produced 1,422 tonnes of concentrate at an average grade of 37.0 g/t containing 1,689 ounces of gold compared to 1,449 tonnes at 34.0 g/t containing 1,584 ounces of gold in First Quarter 2023, an increase of 7% in gold production quarter on quarter.

For the six months, the company reported gold production of 3,273 ounces.