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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: 9.50
Bid: 9.00
Ask: 10.00
Change: -1.50 (-13.64%)
Spread: 1.00 (11.111%)
Open: 10.50
High: 10.50
Low: 9.50
Prev. Close: 11.00
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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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24 Feb 2023 14:37

Galantas Gold targeting resource upgrade at Omagh

(Sharecast News) - Galantas Gold said in an update on Friday that it was now targeting an updated mineral resource estimate for its Omagh Project in Northern Ireland by the end of the second quarter of the year.

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24 Feb 2023 12:37

Galantas Gold plans to update mineral resource estimate at Omagh

(Alliance News) - Galantas Gold Corp on Friday laid out its plans for an updated mineral resource estimate at its Omagh project in Northern Ireland.

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13 Feb 2023 09:13

Galantas Gold enters loan agreement to support Gairloch project

(Alliance News) - Galantas Gold Corp on Monday said it has entered a GBP347,000 loan agreement with London-based family office Melquart Ltd.

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9 Feb 2023 11:47

Galantas Gold reports "solid gold grades" from Omagh project drilling

(Alliance News) - Galantas Gold Corp on Thursday said it found "solid gold grades" in drilling results for three holes from underground platforms within the Kearney vein development at the Omagh project in Northern Ireland.

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27 Jan 2023 10:16

Galantas Gold acquires 217 square kilometre Gairloch project

(Alliance News) - Galantas Gold Corp on Friday said it has agreed to acquire the Gairloch project in Scotland from the owners of the Gairloch Estate.

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9 Dec 2022 14:38

Galantas Gold enters trading agreement with Ocean Partners

(Sharecast News) - Galantas Gold has entered into a trading agreement with Ocean Partners UK, it announced on Friday.

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9 Dec 2022 12:07

Galantas Gold enters deal with Ocean Partners to sell call options

(Alliance News) - Galantas Gold Corp on Friday said it entered into a trading deal with Ocean Partners UK Ltd to sell call options on 6,000 ounces of gold.

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30 Nov 2022 14:42

Galantas net loss increases; still awaits Omagh project production

(Alliance News) - Galantas Gold Corp said on Wednesday its net loss increased as it still awaits to commence production at the Omagh gold project in Northern Ireland.

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22 Nov 2022 22:01

TRADING UPDATES: Baillie revenue falls; Great Southern finds targets

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News:

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24 Oct 2022 16:15

Galantas Gold says Omagh results underscore success of drill programme

(Alliance News) - Galantas Gold Corp on Monday said results from four holes at its Omagh project show the continued success of its drilling programme in Northern Ireland.

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15 Sep 2022 15:11

Galantas Gold appoints QME as contractor on Omagh

(Sharecast News) - Galantas Gold announced on Thursday that its subsidiary, Flintridge Resources, has appointed QME of Ireland as a mining contractor.

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31 Aug 2022 21:41

TRADING UPDATES: ImmuPharma waits on FDA; IDE Group waits on audit

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26 Aug 2022 11:19

Galantas net losses narrow as development continues

(Sharecast News) - Galantas Gold reported nil second-quarter sales revenue on Friday, the same as it recorded in the sem period last year, with shipments of concentrate having started in the third quarter of 2019.

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26 Aug 2022 08:55

Galantas Gold slightly narrows loss as continues to make no revenue

(Alliance News) - Galantas Gold Corp on Friday posted a narrowed net loss as its working capital deficit and administrative costs narrowed, but cash dropped significantly.

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