Finance Metals & Minerals News

Galantas increases target fundraise to C$2.75m

Galantas Gold Corporation said that additional interest had prompted it to increase the previously announced non-brokered private placement and target fundraise from C$2 million to $2.75m. USES In March, the Canadian company announced an offering of up to 5,555,555 units of the company, each at C$0.36, which is now raised to 7,638,888 units. Net proceeds […]

Metals & Minerals News

Galantas to add potential 20,000 oz gold from lower levels at Cavanacaw

Galantas Gold Corp plans to extract a potential 20,000 ounces gold a year from the dilation zones at the lower levels of Cavanacaw mine in Omagh, Northern Ireland. MINERAL RESOURCE ESTIMATE The Canadian company, which said it still lacked qualified underground miners, has also completed its first drill hole from underground on a third vein […]

Metals & Minerals News

Galantas notes further solid grades in Kearney vein

Galantas Gold Corporation reported further positive results for three holes drilled from underground platforms within the Kearney vein at Cavanacaw in Omagh, County Tyrone. TARGETS Hole FR-DD-22-UG-192, targeted within the northern dilation zone, intersected 6.2 g/t gold and 46.6 g/t silver over an 11.1m intersection. This includes a higher grade section of 22.5 g/t gold […]