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Galantas Gold updates as underground development on Kearney vein progresses

Roland Phelps, chief executive of Galantas Gold Corporation (LON:GAL), tells Proactive London's Andrew Scott the first quarter of 2019 saw continued limited production of gold concentrate from feed produced in the development of the Kearney vein.

Shipments into a concentrate pre-payment/loan facility with Ocean Partners UK Ltd commenced early in the second quarter.

Three shipments of approximately 75 tonnes of concentrate have been shipped, with a further 25 tonnes expected to ship shortly.

Quick facts: Galantas Gold Corp

Price: 1.5 GBX

AIM:GAL
Market: AIM
Market Cap: £4.85 m
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Full interview: Galantas Gold temporarily suspends blasting at Omagh mine

Galantas Gold Corporation's (LON:GAL) Roland Phelps tells Proactive London's Andrew Scott they've temporarily suspended blasting operations at their Omagh gold mine, Northern Ireland. Phelps says blasting operations are currently limited, since all blasting must be supervised by the Police...

on 29/10/19

2 min read