Galantas Gold Corp - Northern Ireland-focused gold producer - Following drilling of four holes from ongoing 4,000 metre drilling program at the Omagh project in Northern Ireland, holes intersected a new dilation zone within the main Kearney vein, with an intersection of 21.4 grams per tonne of gold and 32.9 grams per tonne of silver over 2.4 metres.
"The continued success of our exploration program is demonstrating not only the high-grade potential of the deposit but also the predictability in identifying the high-grade dilation zones. Also, recent drilling has identified a number of parallel lenses including the C-lens and the B-lens, with an intersect of 73.6 g/t gold and 93.4 g/t silver over 2.2 metres of the-B lens approximately 28 metres east of the Kearney Vein," says Chief Executive Officer Mario Stifano.
Current stock price: 32.00 pence, up 8.5% on Monday
12-month change: up 10%
By Dayo Laniyan; dayolaniyan@alliancenews.com
Copyright 2022 Alliance News Limited. All Rights Reserved.
Galantas Gold (GAL)