You now have access to the new London South East Beta Website, Click Here

Email Facebook Twitter

Tower Resources keep all options open including Njonji farm-in deal
Tech company Mporium delivers an outstanding set of Q1 results says CEO De Groot

Alliance News

Galantas Now Developing Kearney Vein On Second Mining Level At Omagh

Mon, 11th Feb 2019 11:54

LONDON (Alliance News) - Galantas Gold Corp on Monday said that the Kearney vein at its Omagh gold mine in Northern Ireland is now in development on a second mining level.

The main development tunnel has progressed and reached 52 metres past the 50 metre long access branch on the second level to its junction with the Kearney vein.

The interval between the levels will be mined by a long-hole method, which will use cemented rock and tailings as backfill support.

Galantas noted that drill core OM-DD-06-14 had intersected strong gold mineralisation seven metres to the south of the junction of the 1084 access and Kearney vein, intersecting a grade of 10.3 grams of gold per tonne of ore over a length of 3 metes, including 1 metres at 27 grams of gold per tonne of ore, 170 grams of silver per tonne of ore, and 6.5% lead.

"Current production is sourced from the mining of on-vein drives, which have to be developed before stoping panels are mined. I am pleased that development progress has accelerated significantly with the continued investment in training, operator experience and equipment and that the excellent safety record is being maintained," said President & Chief Executive Roland Phelps.

Shares in Galantas were flat at 6.12 pence on Monday.

By Anna Farley;

Copyright 2019 Alliance News Limited. All Rights Reserved.

Alliance News

Back to Alliance News

Share Price, Share Chat, Stock Market news at
FREE Member Services
- Setup a personalised Watchlist and Virtual Portfolio.
- Gain access to LIVE real-time Regulatory News (RNS).
- View more Trades, Directors' Deals, and Broker Ratings.
Share Price, Share Chat, Stock Market news at

Datafeed and UK data supplied by NBTrader and Digital Look. While London South East do their best to maintain the high quality of the information displayed on this site,
we cannot be held responsible for any loss due to incorrect information found here. All information is provided free of charge, 'as-is', and you use it at your own risk.
The contents of all 'Chat' messages should not be construed as advice and represent the opinions of the authors, not those of London South East Limited, or its affiliates.
London South East does not authorise or approve this content, and reserves the right to remove items at its discretion.