Galantas Gold Corp (AIM:GAL, TSX-V:GAL, OTCQX:GALKF) has announced the results for three holes drilled from underground platforms within the Kearney Vein development at the Omagh Project in Northern Ireland which show further solid gold grades.
Among the drilling highlights, Hole FR-DD-22-UG-192, targeted within the northern dilation zone, intersected 6.2 grams per tonne (g/t) gold (Au) and 46.6 g/t silver (Ag) over a 11.1-metre (m) intersection. This includes a higher grade section of 22.5 g/t Au and 170.8 Ag over 2.7m.
A deeper intersection on hole FR-DD-22-UG-192 recorded 14.4 g/t Au over 1.1m, and future drilling will test the continuity of this new zone of mineralization.
And Hole FR-DD-22-UG-190 hit the B-lens outside of the current resource model with an intersection of 5 g/t Au over 1.7m, extending the B-lens 16m south of hole FR-DD-22-UG-187.
In a statement, Mario Stifano, CEO of Galantas, commented: "Our exploration program at Omagh is consistently delivering solid gold grades, allowing us to hone in on further targets for follow-up drilling that is ongoing.
"As expected, this underexplored deposit continues to yield promising results, particularly at the main Kearney Vein and the B-lens, which is another vein running parallel to Kearney. We are excited to incorporate these results in our future mineral resource update to also help optimize our mine plan."
He added: *Dilation zones which have potential for higher widths of mineralization have previously been identified within the Kearney underground development and are believed to be linked on shallow north-dipping planes."
Galantas Gold is a Canadian public company that trades on the TSX Venture Exchange, the London Stock Exchange AIM market, and the OTCQX Exchange. The company's strategy is to create shareholder value by operating and expanding gold production and resources at the Omagh Project in Northern Ireland.