Skip to main content
The Markets by Proactive
Go to Proactive UK
Proactive UK has moved. Proactive’s coverage of London’s small caps continues on proactiveinvestors.com Go there →
Advertisement
The Markets
by Proactive
Proactive UK has moved.
Coverage of London’s small caps continues on proactiveinvestors.com
Go to Proactive UK
The Markets
by Proactive
Proactive UK has moved.
Small-cap coverage continues on .com
Go to Proactive UK
Advertisement
The Markets
by Proactive
Proactive UK has moved.
Small-cap coverage continues on .com
Go to Proactive UK

Gold & silver

Galantas Gold reports high grade intersection from latest Omagh drilling

Drilled from the surface, Galantas said the hole successfully targeted a potential 'dilation zone'

Galantas Gold Corporation has reported more high grades from its ongoing drilling program at the Omagh project in Northern Ireland.

The latest hole intersected 10.1 grams per tonne (g/t) gold, 93.5 g/t silver (Ag) and 3.4% lead (Pb) over a width of 6.5 metres.

Drilled from the surface, Galantas said the hole successfully targeted a potential 'dilation zone' within the Joshua Vein and is located approximately 120 metres from a hole drilled in 2015 which intersected 9.9 g/t gold over 21.6m.

Dilation zones, which have potential for higher widths of mineralization, have previously been identified within the Kearney underground development

Mario Stifano, chief executive, said: "We are very pleased with the continued success of our exploration program which continues to demonstrate high-grade mineralization at Omagh, particularly high-grade gold in wider dilation zones at both Kearney and Joshua veins."

The dilation zones identified at the Joshua Vein, located approximately 400 metres from the main Kearney Vein, are expected to be incorporated into mine planning and future mine development, said Galantas.

Advertisement
The Markets
by Proactive
Proactive UK has moved.
Small-cap coverage continues on .com
Go to Proactive UK