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 [...]
TORONTO, May 23, 2018 -- Galantas Gold Corp. is pleased to announce its financial results for the Quarter ended March 31, 2018. Financial Highlights Highlights of the first quarter 2018 results, which are expressed in Canadian Dollars, are summarized below: Quarter Ended March 31 All in CDN$ 2018 2017 Revenue $ 0 $ 2,734 Cost of Sales $ $ Loss before the items below $ $ Amortization $ $ General administrative expenses [...]
TORONTO, April 20, 2018 -- Galantas Gold Corp. is pleased to announce its audited annual financial results for the year ended December 31, 2017. Financial Highlights Highlights of the 2017 audited annual results, which are expressed in Canadian Dollars, are summarized below: Year Ended December 31 All in CDN$ 2017 2016 Revenue $ 35,308 $ 74,068 Cost of Sales $ $ Loss before the items below $ $ Amortization $ $ General [...]
TORONTO, April 12, 2018 -- Galantas Gold Corp. , the AIM and TSXV quoted gold producer and explorer with a 100% interest in Northern Ireland’s Omagh gold mine, is pleased to announce that its operating subsidiary, Flintridge Resources Ltd. , has signed a concentrate pre-payment agreement / loan facility for USD$1.6 million with Ocean Partners UK Ltd. and an increased, on-demand loan facility with G&F Phelps Ltd. of [...]
TORONTO, Feb. 16, 2018 -- Galantas Gold Corp. , the AIM and TSXV quoted gold producer and explorer with a 100% interest in Northern Ireland’s Omagh gold mine, has been advised that an appeal brought by a third party against its planning consent has completed the hearing stage. The Court of Appeal at the Royal Courts of Justice in Belfast, Northern Ireland heard the appeal against a Judicial Review decision that [...]
TORONTO, Feb. 06, 2018 -- Galantas Gold Corp. , the AIM and TSXV quoted gold producer and explorer with a 100% interest in Northern Ireland’s Omagh gold mine, announces a date change for the third party appeal against a positive Judicial review of its planning consent. Due to illness of the third party, who is a litigant in person, the date of the hearing of the appeal has been postponed until February 15, 2018. The [...]
Galantas Gold Corp. , the AIM and TSXV quoted gold producer and explorer with a 100% interest in Northern Ireland's Omagh gold mine, announces progress on mine development, exploration and a third party appeal against a positive Judicial review of its planning consent. Progress on mine development continues using the training equipment previously purchased. Total mine development now stands at 163 metres. New drilling [...]
Galantas Gold Corp. , the AIM and TSXV quoted gold producer and explorer with a 100% interest in Northern Ireland's Omagh gold mine, announces the closing of the private placement to a gross amount of CDN$ 1,165,857 , in line with the terms and proposed placing price previously outlined in the disclosure dated 15 November 2017 . The Placing was closed on November 30, 2017, pending delivery of final documentation, for [...]