Sign up UNITED KINGDOM
Proactive Investors - Run By Investors For Investors

Galantas Gold clarifies planning status for Kestrel discovery

Kestrel is located s within land covered by existing planning consent, though additional planning permission may be required.
Galantas Gold clarifies planning status for Kestrel discovery
The discovery was made last month.

Galantas Gold (LON:GAL, CVE:GAL) has updated investors on planning issues concerning the Kestrel gold discovery, close to its underground mine in Omagh, Northern Ireland.

A month ago the company announced the discovery of the Kestrel vein, which is within land covered by its planning consent and, at that time, it noted that mining was permitted on this part of the mine.

Today, in a statement, it clarified: “The company has now been advised that although the freehold land overlying the Kestrel vein is owned by the company and was covered in its planning permission, mining of the new vein may not be included.”

“Were commerciality of the vein to be determined, the vein would be worked by underground means, from the neighbouring Joshua vein and for the avoidance of doubt, planning permission would be secured prior.”

Galantas also said that the land surface at the project would be unaffected and no environment impact would be expected.

Jamie_55a91591db06b.jpg
Why Invest In Galantas Gold Corp? Read More Here

Register here to be notified of future GAL Company articles
View full GAL profile View Profile

Galantas Gold Corp Timeline

Related Articles

picture of gold pour
May 17 2017
Sener wants to do more work itself at Salinbas to see what’s there
gold nuggets on a table
March 20 2017
The junior miner is making strides in developing its five gold-focused projects in Western Australia and Tasmania
no_picture_pai.jpg
April 12 2017
Pan African hopes to be in production at Elikhulu in the final quarter of next year.

© Proactive Investors 2017

Proactive Investor UK Limited, trading as “Proactiveinvestors United Kingdom”, is Authorised and regulated by the Financial Conduct Authority.
Registered in England with Company Registration number 05639690. Group VAT registration number 872070825 FCA Registration number 559082. You can contact us here.

Market Indices, Commodities and Regulatory News Headlines copyright © Morningstar. Data delayed 15 minutes unless otherwise indicated. Terms of use