Galantas Gold Corp. is pleased to provide an update on the Gairloch Project in Scotland. Galantas Gold, in collaboration with the University of Edinburgh, is currently undertaking a sampling program of drill core and outcrop to establish the Kerry Road deposit's geochemical signature which will be used to locate new mineralization in the Gairloch Schist Belt. The work will include petrology, scanning electron microscope [...]
Galantas Gold Corp. is pleased to announce the closing of its previously announced debt settlement transaction , pursuant to which the Company settled US$2,711,000 of indebtedness owing to Ocean Partners UK Ltd., a creditor of the Company, through the issuance of US$2,711,000 aggregate principal amount of unsecured convertible debentures of the Company . The Debentures issued in connection with the Debt Settlement were [...]
Galantas Gold Corp. is pleased to announce the closing of its previously announced non-brokered private placement, pursuant to which the Company sold US$2,627,000 aggregate principal amount of unsecured convertible debentures of the Company , in the principal amount of US$1,000 per Debenture . The net proceeds of the Offering are expected to be used for exploration and development, working capital and for general [...]
Galantas Gold is pleased to announce its unaudited financial results for the Quarter Ended September 30. Financial Highlights Highlights of the third quarter 2023 results, which are expressed in Canadian Dollars, are summarized below: All figures denominated in CAD Quarter Ended September 30 Nine Months Ended September 30 2023 2022 2023 2022 Revenue $ 0 $ 0 $ 0 $ 0 Cost and expenses of operations $ $ $ $ Loss before the [...]
Galantas Gold Corp. is pleased to announce the terms of a proposed non-brokered private placement of up to US$3.0 million aggregate principal amount of unsecured convertible debentures of the Company , in the principal amount of US$1,000 per Debenture . The Company anticipates that the closing of the Offering will occur on or about November 30, 2023 . The net proceeds of the Offering are expected to be used for [...]
Galantas Gold Corp. is pleased to announce the results of the fifth exploration drill hole at the Gairloch Project in Scotland. Highlights: Hole 23-GL-05 intersected 1.87 grams per tonne gold , 1.17% copper , 1.20% zinc , 131 g/t cobalt and 7.06 g/t silver over 34.25 metres with new mineralization identified a further 100 metres at depth. Recent and historical drilling have identified a mineralized trend with a strike of [...]
Galantas Gold Corp. is pleased to announce the results for the first hole from the new surface drill program at the Omagh Project in Northern Ireland. Hole FR-DD-23-196 targeted a gap in the earlier resource model on the main Joshua Vein, intersecting 13.1 grams per tonne gold and 91.6 g/t silver over 2.5 metres . The hole passes through an undrilled area of the earlier resource model and falls within a predicted dilation [...]
Galantas Gold Corp. is pleased to announce that further to its news release dated July 18, 2023, it has filed on SEDAR+ a National Instrument 43-101 Technical Report for an updated mineral resource estimate for the Omagh Gold Project in Northern Ireland. The NI 43-101 Technical Report includes the main Kearney and Joshua vein systems which have been updated on the basis of 42 additional drill holes and a complete review [...]
Galantas Gold Corp. is pleased to announce its unaudited financial results for the Quarter ended June 30, 2023. Financial Highlights Highlights of the second quarter 2023 results, which are expressed in Canadian Dollars, are summarized below: All figures denominated in Canadian Dollars Quarter Ended June 30 2023 2022 Six Months Ended June 30 2023 2022 Revenue $ 0 $ 0 $ 0 $ 0 Cost and expenses of operations $ $ $ $ Loss [...]
Galantas Gold Corp. is pleased to announce the results of the third and fourth exploration drill holes and prospecting samples at the Gairloch Project in Scotland. Drilling highlights: Hole 23-GL-04 intersected 4.42 g/t gold, 0.71% copper, 0.52% zinc, 69 g/t cobalt and 3.74 g/t silver over 31 m, including 15.46 g/t Au, 0.80% Cu, 1.91% Zn, 133 g/t Co and 6.35 g/t Ag over 6.95 metres. Hole 23-GL-03 intersected 1.34 g/t Au [...]
Galantas Gold Corp. is pleased to announce that mining contractor QME Mining Services Ltd. Ireland has provided a contract mining plan for the Company's Omagh Gold Project in Northern Ireland, leveraging QME's highly skilled workforce and state-of-the-art original equipment manufacturer mining equipment. QME's extensive mining experience across Europe, including its notable involvement in the development and bulk sampling [...]
Galantas Gold Corp. announces that in line with the previously announced July target, QME Mining Services Ltd. Ireland has substantially concluded its work on the mine plan for the Omagh Gold Project in Northern Ireland, and the Company will provide an update to the market in due course. Neither TSX Venture Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release [...]
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