Galantas Gold Corp. , the gold-mine developer and explorer, has been advised by the Court Of Appeal that it has listed for judgement an appeal against the Company’s planning consent, on Friday 23 November 2018 at 10.00am. An Applicant sought to have the Company’s planning consent for its Omagh gold mine quashed via a Judicial Review in Belfast’s High Court. The Company’s consent was confirmed as a [...]
Galantas Gold Corp. , the AIM and TSX Venture Exchange quoted gold producer and explorer with a 100% interest in Northern Ireland’s Omagh gold mine, announces a proposed private placement of common shares . The net proceeds to be raised by the Private Placement are intended to be used for working capital purposes and to achieve full production status. Galantas has set a production target of 30,000 ounces of gold in [...]
Galantas Gold Corp. , the AIM and TSXV quoted gold producer and explorer with a 100% interest in Northern Ireland’s Omagh gold mine, announces channel sample results taken during recent underground development of the Kearney vein. Two channel samples were taken on underground development on the Kearney vein. One channel sample returned a grade of 7.1 g/t gold, with 10.6 g/t silver over a true vein width of 1.8 [...]
Galantas Gold Corp. , the gold-mine developer and explorer, is pleased to announce that delivery has been made of the first consignment of concentrate derived from underground feedstock from the Omagh Gold-Mine, Northern Ireland. Destined for Glencore’s New Brunswick smelter, the shipment, of approximately 25 tonnes, is the result of processing of limited feed produced from underground development on the Kearney [...]
Galantas Gold Corp. , the gold-mine developer and explorer, is pleased to announce that Róisín Ann Magee has joined the Board of Directors, effective today. Róisín Magee , with 32 years’ experience in the corporate finance and investment industry, is an experienced investment manager having held senior positions in investment teams in London and Dublin. Formerly Chief Investment Officer [...]
Galantas Gold Corp. , the AIM and TSX Venture Exchange quoted gold producer and explorer with a 100% interest in Northern Ireland’s Omagh gold mine, announces that on September 25, 2018 it has closed the previously announced private placement outlined in the disclosure dated 7th September 2018 , pending delivery of final documentation. Pursuant to the Private Placement, the Company issued 22,137,619 common shares of [...]
Galantas Gold announces a proposed private placement of shares . The Private Placement is for a maximum of 30,000,000 shares, at an issue price of UK£0.042 per share for maximum gross proceeds of UK£1,260,000. A four month plus one day hold period will apply to the shares and the Private Placement will be subject to TSXV and regulatory approval. The shares will rank pari passu with the existing shares in issue of the [...]
Galantas Gold Corp. , the AIM and TSXV quoted gold producer and explorer with a 100% interest in Northern Ireland’s Omagh gold mine, announces channel sample and grab sample results taken during recent underground development of the Kearney vein. The samples were taken on an underground development on the Kearney vein, approximately 15 metres below the former open pit and exposed a mineralised section of 1.7 metres [...]
Galantas Gold Corp. is pleased to announce its financial results for the Three and Six Months ended June 30, 2018. Financial Highlights Highlights of the 2018 second quarter’s 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 2018 2017 2018 2017 Revenue $ 57,040 $ 16,607 [...]
Galantas Gold Corp. is pleased to report that the Omagh gold-mine processing plant has commenced operating on feed from underground development of the Kearney gold vein. The processing plant has the benefit of a recent upgrade to some sections and is expected to operate part-time until production stoping commences, anticipated late in 2018 or early in 2019. The plant operates a froth flotation system for production of a [...]
TORONTO, June 29, 2018 -- Galantas Gold Corp. is pleased to report that all matters proposed by management, including the election of management’s nominees for the board of directors, were approved at the company at the Galantas Annual General and Special Meeting held in Toronto, June 28, 2018. It was recorded that a total of 55.4% of the total shares voted, with 99.97 percent of votes voted in favour of management [...]
TORONTO, June 25, 2018 -- Galantas Gold Corp. is pleased to report that an underground development at the Omagh gold-mine, Northern Ireland, has reached the main Kearney gold vein. The main decline tunnel descends at a slope of 1 in 7, from near the base of the former Kearney open pit. A horizontal west to east access tunnel driven from the decline tunnel has intersected the north / south Kearney vein at approximately a [...]