Galantas Gold Corp.

Galantas Gold Corp. is pleased to announce an extension to its drilling program at the Omagh Gold Project in Northern Ireland. An initial 600 metres of diamond drilling is planned from the underground development to target the Kerr zone and deeper extensions of the Joshua Vein. The underground drive between the Kearney and Joshua veins provides an opportunity to drill the under-explored area between these two main veins [...]

Galantas Gold Corp. is pleased to announce that it has closed its previously announced non-brokered private placement , pursuant to which the Company sold an aggregate of 8,230,951 units of the Company at a price of C$0.36 per Unit for aggregate gross proceeds of C$2,963,142.36. Each Unit was comprised of one common share of the Company and one Common Share purchase warrant , with each Warrant entitling the holder thereof [...]

Galantas Gold Corp. is pleased to announce that, in order to accommodate additional interest in its previously announced non-brokered private placement , the Offering will be upsized to up to 7,638,888 units of the Company at a price of C$0.36 per Unit for aggregate gross proceeds of up to approximately C$2.75 million. Each Unit will consist of one common share of the Company and one Common Share purchase warrant , with [...]

Galantas Gold Corp. is pleased to announce a non-brokered private placement of up to 5,555,555 units at a price of C$0.36 per Unit for gross proceeds of up to C$2,000,000. Each Unit will consist of one common share of the Company and one Common Share purchase warrant , with each Warrant entitling the holder to purchase an additional Common Share at a price of C$0.55 per share for a period of 60 months from the closing [...]

Galantas Gold Corp. is providing an update on the Omagh Project in Northern Ireland. The Company is targeting an updated NI 43-101-compliant mineral resource estimate by the end of Q2 2023 to incorporate an additional 7,800 metres of drilling with many of the drill holes indicating higher gold grades and thicker widths in dilation zones. Internal modelling indicates that the grades and widths of mineralization increase [...]

Galantas Gold Corp. announces that it has entered into a loan agreement for £347,000 with London-based family office Melquart Ltd. . The Loan is to be used for the initial lease payment for the Gairloch Project in Scotland . The Loan is payable 24 months from the date of the Loan Agreement and will bear interest at an annual rate of 12% payable upon repayment of the Loan. As consideration for providing the Loan, Melquart [...]

Galantas Gold Corp. is pleased to announce the results for three holes drilled from underground platforms within the Kearney Vein development at the Omagh Project in Northern Ireland. Drilling highlights: Hole FR-DD-22-UG-192, targeted within the northern dilation zone*, intersected 6.2 grams per tonne gold and 46.6 g/t silver over a 11.1-metre intersection . This includes a higher grade section of 22.5 g/t Au and 170.8 [...]

Galantas Gold Corp. will be hosting a live webcast on February 1, 2023, 11:00am Eastern Time, to discuss the Gairloch Project, a 217 km² mineral licence area in Scotland that covers the Gairloch Schist Belt. The Gairloch Project is located in a high-potential district featuring a gold-bearing volcanogenic massive sulphide deposit. For more information about the project, refer to Galantas' news release dated January 26 [...]

Galantas Gold Corp. is pleased to announce that it has entered into an agreement to acquire a 100% interest and the exclusive rights to explore and develop the Gairloch Project, a 217 km² mineral licence area in Scotland that covers the Gairloch Schist Belt from the owners of the Gairloch Estate lands . The Company has acquired exploration and developments rights for an initial payment of £347,000 and annual payments of [...]

Galantas Gold Corp. is pleased to announce that it has entered into an agreement with Ocean Partners UK Ltd. , whereby Ocean has sold on behalf of Galantas call options on 6,000 ounces of gold at 500 ounces per month from February 2024 to January 2025 at a strike price of US$1,775 per ounce for proceeds of US$804,000 to Galantas . Proceeds from the sale will be used to fund development of the underground mining operations [...]