Extractive Industries

Galantas surface drilling targets inferred resource

Galantas Gold Corporation will begin new surface drilling to target inferred resource and potentially increase ounces at Cavanacaw mine in Omagh, Northern Ireland.

Information: from the drill programme will potentially add high-grade ounces to production (Galantas Gold)

MINE PLAN

The Canadian company yesterday received permission from Fermanagh and Omagh District Council’s planning committee to drill eight exploration holes in early July.

These will target gaps and areas of the inferred resource at the main Joshua vein, including an additional predicted dilation zone which has potential for higher widths of mineralisation.

“The dilation zones identified to date at the Joshua vein, located approximately 400 metres from the other main Kearney vein, are expected to be incorporated into mine planning and future mine development, including potential plans to drill Joshua from underground to advance mining and resource expansion,” said Galantas.

TRANSITION

Chief executive Mario Stifano added: “We are excited to mobilise the drill to embark on this new phase of exploration, as we transition from underground drilling to surface drilling.

“Information gathered during this drill programme will be critical in helping us optimise the mine plan and potentially add high-grade ounces to production.”

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