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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: 12.00
Bid: 11.00
Ask: 13.00
Change: -0.50 (-4.00%)
Spread: 2.00 (18.182%)
Open: 12.50
High: 12.50
Low: 12.00
Prev. Close: 12.50
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IN BRIEF: Galantas Gold shares up as development to start at Omagh

Thu, 15th Sep 2022 11:40

Galantas Gold Corp - Northern Ireland-focused gold producer - Says subsidiary Flintridge Resources Ltd has appointed QME Ltd as a mining contractor to develop the Joshua vein at its Omagh gold project in Northern Ireland. Says QME's project scope comprises a total of 600 metres of underground development, expected to start in January next year. Development to an exploration drive is expected to be completed by May next year, Galantas Gold adds.

Chief Executive Officer Mario Stifano says: "This project is very exciting on two major fronts - to allow early detailed exploration drilling at depth on the Joshua Vein and simultaneously increase production capability from the Joshua Vein to supplement production from the Kearney Vein. This will greatly assist in fully defining resources at the Joshua vein while bringing the Omagh mine to a stable level of production."

OME is a mining services provider engaged in mine development and the supply of new and re-manufactured equipment for underground and open pit use.

Current stock price: 34.10 pence, up 4.9%

12-month change: up 34%

By Xindi Wei; xindiwei@alliancenews.com

Copyright 2022 Alliance News Limited. All Rights Reserved.

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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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1 Sep 2023 21:45

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

Galantas Gold Corp - owner and operator of an open pit gold mine in County Tyrone, Northern Ireland - Further to announcement on July 18, company confirms it has filed on Sedar+ a national instrument 43-101 technical report ("NI 43-101") for an updated mineral resource estimate for the Omagh gold project in Northern Ireland. The NI 43-101 technical report includes the main Kearney and Joshua vein systems which have been updated on the basis of 42 additional drill holes and a complete review of the previous vein wireframe interpretations.

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29 Aug 2023 14:04

UPDATE: Galantas Gold says interim loss narrows as costs fall

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CORRECT: Galantas Gold reports narrowed interim loss as costs reduce

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IN BRIEF: Galantas drills 20 grams per tonne of gold at Omagh

Galantas Gold Corp - Owner of Omagh open pit gold mine in County Tyrone, Northern Ireland - Drills around 20 grams per tonne of gold over 1.7 metres targeting the Kearney vein development at the Omagh project. Adds a new surface drilling program is underway at Omagh to test a predicted dilation zone at Joshua vein, which has the potential to host higher widths of mineralisation.

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Galantas Gold updated mineral resource estimate shows promise

(Alliance News) - Galantas Gold Corp on Tuesday said it has updated its mineral resource estimate for the Omagh gold project in Northern Ireland.

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