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 [...]
Galantas Gold Corp. , the AIM and TSX Venture Exchange quoted gold mine developer and explorer with a 100% interest in Northern Ireland’s Omagh gold mine, announces that due to investor demand, it has increased the proposed private placement of common shares announced on June 26, 2020. The net proceeds to be raised by the Private Placement are intended to be used to support mine operations and provide general working [...]
Galantas Gold Corp. , the AIM and TSX Venture Exchange quoted gold mine developer and explorer with a 100% interest in Northern Ireland’s Omagh gold mine, announces a proposed private placement of common shares and amendments to the terms of its loan facility with Ocean Partners UK Ltd. . The net proceeds to be raised by the Private Placement are intended to be used to support mine operations and provide general working [...]
Galantas Gold Corp. is pleased to announce its audited annual financial results for the year ended December 31, 2019. A copy of the Financial Statements and Management Discussion and Analysis will be sent to shareholders in due course and are available on the Company's website at www.galantas.com/investors. Financial Highlights Highlights of the 2019 audited annual results, which are expressed in Canadian Dollars, are [...]
Galantas Gold Corp. , the AIM and TSXV quoted gold producer and explorer is pleased to announce that concentrate processing has recommenced at its 100% owned gold mine, near Omagh, Northern Ireland. Staff operating the concentrate processing plant were earlier furloughed under a UK government grant scheme, regarding the Coronavirus pandemic. The Company carried out maintenance to the processing plant during the milling [...]
Galantas Gold Corp. , the AIM and TSXV quoted gold producer and explorer announces that it has agreed matters with the Police Service of Northern Ireland , regarding blasting at its 100% owned gold mine near Omagh, Northern Ireland. Galantas earlier announced that confirmation has been received from PSNI, in regard to satisfaction of certain secure storage and handling protocols required for an increase in blasting to a [...]
Galantas Gold Corp. , the AIM and TSXV quoted gold producer and explorer announces that it has filed a Technical Report regarding underground exploration on its 100% owned gold mine near Omagh, Northern Ireland. As outlined on April 24, 2020, this technical report details a recent probe drilling campaign carried out underground at the Omagh mine. The results of the campaign, combined with detailed mapping of the exposed [...]