Galantas Gold Corporation has announced results for four holes from its ongoing drilling program at the Omagh Project in Northern Ireland.
The company noted that three holes were drilled from an underground platform towards the south of the development on the Kearney Vein, and one was drilled from a new platform in the north.
In a statement, Mario Stifano, CEO of Galantas, commented: "These results underscore the success of the drilling program at the Omagh Gold Project by extending the dilation zones at the main Kearney Vein further north, as we predicted from earlier drilling.
"We are pleased that our drill data so far is supporting the theory that dilation zones - a pattern of vein swelling and grade increases - are projected at depth and predictably identified at regular intervals along strike of the first five levels of the Kearney Vein underground development," he added.
Drilling highlights:
- Hole FR-DD-22-UG-191 targeted a northern extension to a proposed dilation zone within the Kearney Vein, intersecting 6.3 grams per tonne (g/t) gold (Au) and 32.1 g/t silver (Ag) over 11 metres (m). This includes a higher grade section of 14.2 g/t Au and 59.3 g/t Ag over 4.5m.
- Hole FR-DD-22-UG-188, drilled from the lowest drill platform, intersected the main Kearney Vein 40m below the resource model at 9.3 g/t Au and 23.3 g/t Ag over 2.9m.
- Holes FR-DD-22-UG-187 and 184 both intersected the main Kearney Vein and the B-lens with B-lens intersections in the inferred resource and approximately 50m beneath the resource model, respectively. The B-lens is a vein that runs parallel to the Kearney Vein, approximately 17m east in this area.
Galantas Gold, which trades on both the TSX Venture Exchange and the London Stock Exchange AIM market, is looking to create shareholder value by operating and expanding gold production and resources at the Omagh Project in Northern Ireland.