Galantas Gold Corp. is pleased to provide an operational update for the Galantas Gold Mine, Omagh, Northern Ireland. Underground blasting has continued with mining on a single shift basis. As expected, development of the Kearney vein has produced a feed of higher gold grade for the processing plant than the existing feed, which comes from low grade stock. The grade attributable to low grade stock for the months of January [...]
Galantas Gold Corp. , the Northern Ireland gold producer and explorer, with a 100% interest in Northern Ireland's Omagh gold mine, is pleased to announce that limited blasting underground has re-commenced. Development mining of the Kearney gold vein has re-started on a single shift basis. It is expected to produce a feed of higher gold grade for the processing plant than the current feed, which comes from low grade stock [...]
Galantas Gold Corp. , the Northern Ireland gold producer and explorer, with a 100% interest in Northern Ireland's Omagh gold mine, is pleased to announce that a formal agreement regarding blasting has been reached between the Company's operating subsidiary and the Police Service of Northern Ireland . The PSNI have responsibilities regarding the supervision of the use of blasting materials in Northern Ireland. The [...]
Galantas Gold Corp. , the Northern Ireland gold producer and explorer, with a 100% interest in Northern Ireland’s Omagh gold mine, is pleased to announce that a convertible debenture, as detailed in releases dated December 16 and 23, 2019 and approved by the TSX Venture Exchange, has been converted into common shares of the Company, by the holder, Melquart Limited. The debenture carried a 15% coupon and was exercisable at [...]
Galantas Gold Corp. is pleased to announce its financial results for the Three and Nine months ended September 30, 2020. Financial Highlights Highlights of the 2020 third quarter and first nine month’s results, which are expressed in Canadian Dollars, are summarized below: Third Quarter Ended Nine Months Ended All figures denominated in Canadian Dollars September 30 September 30 2020 2019 2020 2019 Revenue $ 0 $ 5,788 $ 0 [...]
Galantas Gold Corp. is pleased to announce an increase in gold concentrate processing has been achieved at the Galantas Gold Mine, Omagh, Northern Ireland. Three shift processing commenced on 26th October 2020. The addition of a third shift has increased milling from 84 hours to 120 hours per week. Additional training and labour re-organisation has enabled the change to be made, without additional hiring, by redeployment [...]
Galantas Gold Corp. is pleased to announce an exploration and resource review for the Galantas Gold Mine, Omagh, Northern Ireland. Exploration and Resource Review The company is carrying out a review of exploration, with the detailing of a proposed core drilling program. The recent Exploration Report regarding Controls On Mineralisation, published May 6, 2020, has prompted the review and has indicated enhanced drilling [...]
Galantas Gold Corp. is pleased to provide an operational update for the Galantas Gold Mine, Omagh, Northern Ireland and details of a change of AIM broker. Concentrate Production Concentrate processing operations re-started, following a Covid shutdown, on May 26, 2020. While underground mining remains suspended, current processing utilises low grade stock. In the period from May 26, 2020 to September 30, 2020 [...]
Galantas Gold Corp. is pleased to announce the appointment of Alan Buckley FCA, Dip IOD, as Chief Financial Officer. The appointment, as of September 30, 2020, follows the reducing of work commitments by Leo O’Shaughnessy, the current non-board CFO. Mr. Buckley’s appointment is similarly non-board. Mr. O’Shaughnessy has kindly agreed to act as a consultant for a further six months, following his departure, to ensure a [...]
Galantas Gold Corp. is pleased to announce its financial results for the Three and Six Months ended June 30, 2020. Financial Highlights Highlights of the 2020 second quarter and first six month’s results, which are expressed in Canadian Dollars, are summarized below: All figures denominated in Canadian Dollars Second Quarter Ended June 30 Six Months Ended June 30 2020 2019 2020 2019 Revenue $ 0 $ 0 $ 0 $ 0 Cost of Sales [...]
Galantas Gold Corp. , the AIM and TSXV quoted gold producer and explorer with a 100% interest in Northern Ireland’s Omagh gold mine, announces that the proposed private placement for 2,833,132 common shares for gross proceeds of CAD$637,454 , previously announced on June 26, 2020 and July 03, 2020, has now closed and was fully subscribed. The Private Placement has received conditional approval of the TSX Venture Exchange [...]
Galantas Gold Corp. is pleased to announce its financial results for the Quarter ended March 31, 2020. Financial Highlights Highlights of the first quarter 2020 results, which are expressed in Canadian Dollars, are summarized below: Quarter Ended March 31 All in CDN$ 2020 2019 Revenue $ 0 $ 0 Cost and expenses of Operations $ $ Loss before the items below $ $ Amortization $ $ General administrative expenses $ $ Unrealized [...]
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