Metals & Minerals News

Galantas begins production process at Cavanacaw

Galantas Gold Corporation said it had started the production process with long drilling in the first series of stopes at the Cavanacaw gold and silver project in Omagh, Northern Ireland. STOPES The Canadian company added that installation of the secondary egress from the 1,096 to 1,052 level was in the final stage of completion and […]

Metals & Minerals News

Galantas on course for production at Cavanacaw

Galantas Gold Corporation said it remained on course for production next month and reaffirmed the potential for higher widths of mineralisation at Cavanacaw mine in Omagh, Northern Ireland. RESULTS The Canadian company’s results from four holes of its 4,000m drill programme from the underground development at the Kearney vein include: – FR-DD-22-UG-183 intersected a new […]

Metals & Minerals News

Galantas losses increase at Cavanacaw gold mine

Galantas Gold Corporation reported an increase in losses as administrative costs doubled for its gold project at Cavanacaw in Omagh, Northern Ireland. FINANCES The Canadian company’s results for year ended 31 December 2021 show net loss of CA$5,284,431 (2020: $3,228,452). General administrative expenses were $4,332,865 (2020: $2,065,277). Cash outflow from operating activities before changes in non-cash […]

Metals & Minerals News

Galantas to recruit overseas miners to bridge skills gap

Galantas Gold Corporation said the Government had granted it a visa licence to recruit eligible overseas mine workers for its Cavanacaw gold mine in Omagh, Northern Ireland. LABOUR MARKET The Canadian company added it had faced a tight labour market for experienced underground miners, and had focused on hiring and training local trainee miners. Galantas […]

Metals & Minerals News

Galantas reports further high grade gold intersections at Cavanacaw

Galantas Gold Corporation intersected further high grade gold as the company evaluates an expansion of resources at its Cavanacaw gold project in Omagh, Northern Ireland. JOSHUA VEIN The Canadian miner is conducting a 4,000m drill programme at the site. Hole FR-DD-21-175, drilled from surface targeting the Joshua vein, intersected 17.4 g/t gold, 74.6 g/t silver […]