Galantas Gold set to complete share consolidation, operational re-start provisionally scheduled for four-to-six weeks
Galantas has also made progress in discussions about blasting permits
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 continues “positive discussions” with police over Omagh mine blasting
“Until changes to the arrangements are formalised, the company will be unable to implement an increased blasting protocol,” Galantas said.
Galantas Gold arranges £1mln convertible loan with major shareholder
Galantas is exploring opportunities for a sale to a development partner
Galantas Gold warns over impact of blasting restrictions
Any blasting needs to supervised by the Police Service of Northern Ireland.
Galantas halts blasting operations at Omagh amid policing issues
Galantas's underground development work is now significantly advanced, and it may seek a joint venture partner to continue
Galantas Gold generates significant revenues from first shipments
The gold being shipped is coming from ore dug during the development of the Kearney vein at the mine.
Galantas Gold looks to drum up £1mln to fund County Tyrone mine mechanisation
The underground section at the Omagh gold mine has commenced limited production of gold concentrate, from feed produced in development of the Kearney vein
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Galantas Gold continues to find strong gold indications at Omagh
Grades were 8.35 g/t gold over a width of 2.65m and the intersection is expected to allow in-vein development
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