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Pin to quick picksGalantas Gold Share News (GAL)

Share Price Information for Galantas Gold (GAL)

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Share Price: 10.50
Bid: 10.00
Ask: 11.00
Change: 1.75 (20.00%)
Spread: 1.00 (10.00%)
Open: 8.75
High: 10.75
Low: 8.75
Prev. Close: 8.75
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Galantas Gold launches strategic review

Fri, 09th Aug 2013 15:15

Galantas Gold announced a strategic review of its business which will consider the possible sale or joint venture of all or part of its Northern Ireland properties.The mining company which is listed both in London and Canada, owns and operates an open pit gold mine near Omagh in County Tyrone, Northern Ireland. Roland Phelps, President and Chief Executive, said: "The Omagh gold property has produced excellent results to date with good potential to expand. Our enthusiasm to develop it further from open pit to underground mine remains high."The company has set up a special committee of three independent directors to oversee and engage in the strategic review. Shares in the company were unchanged at 1.25p at 15:27 on Friday. TB
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IN BRIEF: Galantas Gold third quarter loss narrows on lower costs

Galantas Gold Corp - miner in Northern Ireland and Scotland - In the three months to September 30, net loss narrows 16% to CAD1.3 million from CAD1.6 million a year prior. Books no revenue either year but administrative expenses are reduced by 27% to CAD858,600 from CAD1.2 million.

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IN BRIEF: Galantas Gold drilling in Scotland exceeds expectations

Galantas Gold Corp - Mining company with interests in Northern Ireland and Scotland - Announces the results of the fifth exploration drill hole at the Gairloch project in Scotland. Says hole 23-GL-05 intersected 1.87 grams per tonne gold, 1.17% copper, 1.20% zinc, 131 g/t cobalt and 7.06 g/t silver over 34.25 metres with new mineralization identified a further 100 metres at depth. Adds recent and historical drilling have identified a mineralized trend with a strike of over 1 kilometre and to a depth of 250 metres.

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IN BRIEF: Galantas Gold files technical report for Omagh gold project

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CORRECT: Galantas Gold reports narrowed interim loss as costs reduce

(Correcting that Galantas Gold Corp's results were reported in CAD, not USD).

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