Galantas Gold Corp (AIM:GAL, TSX-V:GAL, OTC:GALKF) said it has appointed an experienced mining contractor to develop the access and exploration drives to the Joshua Vein at its Omagh gold project in Northern Ireland.
QME Ltd, based on the east coast of Ireland, will undertake 600 metres of underground development, which is expected to start in January 2023.
Development to an exploration drive is expected to be completed by May 2023, followed by access drives to two mining levels at the Joshua Vein in the third quarter of 2023.
"This project is very exciting on two major fronts - to allow early detailed exploration drilling at depth on the Joshua Vein and simultaneously increase production capability from the Joshua Vein to supplement production from the Kearney Vein,” said Galantas chief executive Mario Stifano in a statement.
“This will greatly assist in fully defining resources at the Joshua Vein while bringing the Omagh Mine to a stable level of production. With intercepts such as 17.4 grams per tonne gold and 74.6 grams per tonne silver over a 13.1-metre intersect, we look forward to continued drilling success along the new exploration drive at Joshua," he added.
QME is currently engaged in mining contracts in Ireland and Portugal. Current and past clients include Barrick Gold Corp, Boliden Tara Mines, and Angelsey Mining PLC.