Galantas Gold Corp. is pleased to announce its audited annual financial results for the year ended December 31, 2021. 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. The Annual and Special Meeting of the Company is to be held at 11:00 a.m. on 27th June 2022 at The Canadian Venture [...]
Galantas Gold Corp. is pleased to announce an expansion to its current Prospecting Licence holding. The two areas in Co. Leitrim, Republic of Ireland, bring the Company's total exploration land package up by 47.8km2 to 159.4km2 in the Republic of Ireland. The Company also holds an exploration land package totalling 437.3km2 in Northern Ireland, where its Omagh Gold Project is located. The Department of the Environment [...]
Galantas Gold is providing an update on the Company's progress to commence production at the Omagh Project in Northern Ireland. The Company has made significant progress in rehabilitating the underground workings, refurbishing and acquiring critical mining equipment, and installation of electrical, water and ventilation systems. As Galantas has faced a tight labour market for experienced underground miners, the Company [...]
Galantas Gold Corp. will be hosting a live webcast on April 21, 2022, 11:00am Eastern Time, to discuss the geology of the gold district that hosts the Omagh Project in Northern Ireland. Participants are invited to attend the geology presentation by Galantas Gold's Chief Geologist Sarah Coulter, and Advisory Board Member John Arthurs, and to submit questions during the Q&A session following the presentation. Registration [...]
Galantas Gold Corp. is pleased to announce results for three holes from its ongoing 4,000-metre drilling program at the Omagh Project in Northern Ireland. All three holes were drilled from the underground development at the Kearney Vein. Drilling highlights: Hole FR-DD-22-UG-181 intersected 31.7 grams per tonne gold and 58.5 g/t silver over 7 metres at the main Kearney Vein including 106.3 g/t Au and 111 g/t Ag over 1 [...]
Galantas Gold Corp. announces the early exercise of 6,323,333 warrants at an exercise price of CAD$0.40 , with an additional 1,708,333 Warrants to be exercised by insiders Mario Stifano, CEO of Galantas, and Ocean Partners USA Inc. following the completion of U.K. share dealing clearance; for current expected gross proceeds of CAD$3,212,666. A total of 18,673,265 CAD$0.40 Warrants from the May 14, 2021 financing remain [...]
Galantas Gold Corp. announces the closing of the loan agreement for US$1.06 million with Ocean Partners UK Ltd. . Terms of the Loan Agreement, as previously announced on January 25, 2022: The Loan matures on July 31, 2022 . The Loan will bear interest at an annual rate of 10% compounded monthly payable upon repayment of the Loan. US$20,000 structuring fee has been paid to Ocean. US$40,000 consulting fee will be paid to [...]
Galantas Gold Corp. announces continued success at intercepting high-grade gold from its ongoing 4,000-metre drilling program at the Omagh Project in Northern Ireland. Hole FR-DD-21-175 was drilled from surface and targeted the Joshua Vein. It intersected 17.4 grams per tonne gold , 74.6 g/t silver and 1.9 % lead over 13.1 metres . This hole successfully targeted a potential 'dilation zone' within the Joshua Vein and [...]
Galantas Gold Corp. announces that it has entered into a loan agreement for US$1.06 million with Ocean Partners UK Ltd. The Loan is to be used for further development of the Omagh Gold Project in Northern Ireland and working capital. The Loan is payable six months from date of closing of the issue of the Loan and will bear interest at an annual rate of 10% compounded monthly payable upon repayment of the Loan. As [...]
Galantas Gold Corp. is pleased to provide a corporate update on development progress and production guidance at the high-grade Omagh Gold Project in Northern Ireland. 2021 Project Highlights: A total of 2,200 metres of underground mine development have been completed to date, with rehabilitation of early mine workings ongoing. Upgrading work on mine electrical reticulation commenced in 2021 and is expected to be completed [...]
Galantas Gold Corp. is pleased to announce results from its ongoing 4,000-metre drilling program at the Omagh Project in Northern Ireland. Drilling highlights: Hole FR-DD-21-171 intersected 10.1 grams per tonne gold , 93.5 g/t silver and 3.4% lead over 6.5 metres . This hole, drilled from surface, successfully targeted a potential 'dilation zone' within the Joshua Vein and is located approximately 120 metres from hole [...]
Galantas Gold Corp. is pleased to report that new geophysical surveys near the Cavanacaw Gold Mine at the Omagh Project in County Tyrone, Northern Ireland, indicate the potential presence of gold-bearing structures . Figure 1: Residual resistivity induced polarization anomalies coincide with historical base-of-till gold anomalies near the Cavanacaw Gold Mine [...]
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