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AIM:GAL TSX-V:GAL

Galantas Gold Corp

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Market:
AIM
Market Cap:
£7.04 m
Price
20.02 GBX
Change
-2.34%
52 weeks high
27.00
52 weeks low
0.70

 

Galantas Gold Corporation's assets include a 100 percent interest in a subsidiary, which has sole rights to a 435 square-kilometer prospecting license and associated mining leases in County Tyrone, N.Ireland plus licenses in the Republic Of Ireland. The Company's focus is on its mining business; it has also entered into an arrangement with an Irish based jewellery business, which obtains a premium for a limited quantity of Irish gold (currently supplied from stock) and a percentage of wholesale sales.

The Company's strategic plan employs a dual approach that has begun with bringing the fully permitted Omagh mining operation into production. The open pit mine was in operation until recently, producing ore and a processing plant has been built. A simple and safe concentration process is used, called froth flotation. The concentrate produced contains gold, silver and other metals and was sold via a flotation concentrate off-take agreement with well regulated smelter. The Company has obtained planning consent (June 2015) to continue operations underground and is actively developing the underground mine.

The second part of the Company's plan is to aggressively explore its large license area, targeting discovery of over three million ounces of gold.

Galantas Gold Corporation is well positioned to take advantage of the gold market through its business strategy.

This page and other parts of the website contain statements relating to the intentions of management to develop the mine production and jewelry production. such statements are forward looking and readers are cautioned that these statements are subject to risks and uncertainties as further detailed in quarterly Management Discussion and Analysis published on www.sedar.com

Operations

Operations Summary

This menu explains the activities being carried out at the Cavanacaw Mine.
Production details  gold extraction operations and concentrate processing procedures.

Exploration & Resources details the active exploration program and the known resources.

Future Expansion / Development  details the work taking place to develop an  underground mine on the Cavanacaw property.

The information in this website contains forward looking statements, including statements about anticipated operating and financial performance and geological estimates. Such statement are no guarantees of future performance which is subject to risks and uncertainties; only some of which are within the Company's control, and any or all of which could cause the Company's performance to be materially different from what directors may believe. Given the uncertainties associated with forward looking statements, readers are cautioned not to place undue reliance on them. The Company does not undertake to update any forward looking statements contained herein.

COPYRIGHT: Other than as specifically noted, all content in this website is exclusive copyright of Galantas Gold Corporation and may not be reproduced in whole or in part without written consent.

2014 RESOURCE ASSESSMENT

2013 RESOURCE ASSESSMENT

PRODUCTION

EXPLORATION AND RESOURCES

FUTURE EXPANSION

INTERIM 2012 ASSESSMENT

OPERATION DOCUMENTS

UK & Canada.

Roland Phelps C.Eng MIMMM,

President & CEO

Mr. Phelps graduated from Leeds University in 1976 and is a qualified Chartered Mining Engineer, Geologist and Registrant of the Engineering Council. He has worked in Canada in precious / base metal mining and major mining engineering projects. He has held senior mine management positions in the UK. He is a director and founder of Welsh Gold plc (a small mining company and prestige jewellery brand). He has other investment interests in property and construction.

 

R.Alexander P. Eng

(Member of Audit Committee, Compensation and Corporate Governance Committee)

Mr. Alexander is an independent petroleum industry consultant and President of Detector Explorations Ltd., and of Shunex resources Ltd

 

James Clancy CPA

(Chairman of Audit Committee) (Member of Compensation and Corporate Governance Committee)

Mr Clancy graduated with a honours B.Comm from the University of Toronto in 1970. He achieved his CA designation from the Canadian Institute of Chartered Accountants in 1972. During the majority of his career he has held executive positions (controller, CFO and general manager) with companies in the construction industry in Canada, the U.S. and internationally. For the past seven years he has operated his own consulting firm specialising in offering financial expertise to the construction industry.

 

James I Golla

(Member of Audit Committee) (Chairman of Compensation and Corporate Governance Committee)

Mr. Golla has been a director of Altair Nanotechnologies since 1994. He has also served as a director of Apogee Minerals Ltd and Barton Bay Resources Inc. Mr Golla was a journalist with Globe and Mail, Canada's national newspaper, from 1954 until his retirement in 1997.

 

 

Email

[email protected]

 

OPERATIONS / INVESTOR RELATIONS

56 Botera Road Upper
Cavanacaw, Omagh
Co.Tyrone,
N. Ireland BT78 5LH

Telephone: +44 (0) 28 8224 1100
Fax: +44 (0) 28 8224 1194

 

GALANTAS CORPORATE REGISTERED OFFICE

DSA Corporate Services Inc
82 Richmond Street East
TORONTO ONTARIO CANADA
M5C 1P1

Telephone: 001 416-848-7744
Fax: 001 416-848-0790

AIM Broker

Whitman Howard

First Floor, Connaught House, 1-3 Mount Street, London W1K 3NB

AIM Nominated Advisor

Grant Thornton UK LLP

30 Finsbury Square, London EC2P 2YU

Advisors

Company Secretary

George Duguay

DSA Corporate Services Inc
82 Richmond Street East
TORONTO ONTARIO CANADA
M5C 1P1

AIM Nominated Advisor

Grant Thornton UK LLP

30 Finsbury Square, London EC2P 2YU

AIM Broker

Whitman Howard

First Floor, Connaught House, 1-3 Mount Street, London W1K 3NB

AIM is the London Stock Exchange's international market for smaller growing companies:
http://www.londonstockexchange.co.uk/en-gb/products/companyservices/ourmarkets/aim_new/About+AIM/

Counsel to the company in Canada

REVlaw
106 Banbury Road,
Toronto ON M3B 2L3

Solicitors to the Company in England

Gowlings (UK) LLP
15th Floor - 125 Old Broad Street
London 
EC2N 1AR  

Solicitors to the Company in Northern Ireland

Elliott Duffy Garrett
34 Upper Queen Street
Belfast BT1 6FD
Northern Ireland

Canadian Registrar - Transfer Agent

Equity Financial Trust Company
200 University Avenue, Suite 400
Toronto ON M5H 4H1
Toll Free:  1 (866) 393-4891  1 (866) 393-4891
Tel:  (416) 361-0152  (416) 361-0152

Jersey Registrar

Capita Registrars (Jersey) Limited
12 Castle Street
St Helier
Jersey JE2 3RT

UK Depositary

Capita IRG Trustees Limited
The Registry, 34 Beckenham Road
Beckenham, Kent BR3 4TU
United Kingdom

Auditors to the Company

SDVC LLP
Mississauga, Ontario, Canada