Galantas Gold plans to raise up to C$6.6mln to bring Northern Ireland gold mine to full production
On closing of the proposed placing, Roland Phelps will retire as chief executive and be replaced by Mario Stifano
Company
Galantas Gold Corp
LON:GAL
Galantas Gold Corporation is a gold company focused on the acquisition, development, and advancement of gold assets in stable mining jurisdictions. The company is currently advancing the Indiana Gold-Copper Project in Chile, an advanced-stage project with a substantial historical resource base.
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Galantas Gold reports favourable results from restarted underground development
"I am pleased with how the re-start of mining operations has gone so far,” said chief executive Roland Phelps
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Galantas Gold resumes blasting at Omagh mine
Total concentrate production is expected to rise, driven by higher feed grade.
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Galantas Gold reaches formal agreement on mine blasting in Northern Ireland
“The new arrangements are designed to permit underground blasting to be expanded to achieve commercial production levels," said chief executive Roland Phelps
Galantas Gold reports narrowed loss for first nine months of 2020
The company said it had commenced shipments of concentrate from its Omagh mine in the second quarter of the year, adding that provisional revenues from concentrate sales for the nine months totalled around US$876,000
Galantas boosts gold concentrate production at Omagh
Galantas is the long-standing owner of the Omagh mine
Galantas Gold to update exploration work at Omagh, may undertake more drilling
Galantas has been the owner and operator at Omagh for many years
Galantas ships 147 tonnes of concentrate in the period May to September, despite coronavirus constraints
Galantas has a long track record of operating the mine in Omagh
Galantas Gold announces appointment of Alan Buckley as its chief financial officer with effect from September 30
The group said Buckley’s appointment follows the reducing of work commitments by Leo O'Shaughnessy, the current non-board CFO, with the new appointment also non-board
Galantas Gold prepares to increase blasting to a commercial level
Ore production at Omagh remains suspended until finance is available to expand the underground operation.
Galantas Gold updates on progress towards blasting restart
The company is working to restart underground blasting, and, in the meantime is reviewing its business
Galantas boosts amount to be raised in private placing
Galantas has a long track record of operations at Omagh in Northern Ireland
Dalradian Gold’s public enquiry has a whiff of Sir Humphrey about it for now, but it’ll start getting serious soon enough
Dalradian holds the biggest established gold resource in Ireland
Galantas Gold to strengthen finances with placing and loan extension
The mine at Omagh continues to deliver limited production of gold concentrate from the processing of low-grade stock
Galantas Gold continues to wait for greenlight to restart blasting and underground mining
Galantas told investors it continues to be "actively engaged" in a strategic review process
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Galantas Gold Corp restarts processing and production at Omagh gold mine
Staff, previously furloughed under the UK government grant scheme during the coronavirus crisis, are now back at work
Galantas expects to restart milling at the Omagh gold mine within ten days
Galantas hopes to restart underground mining in due course