Galantas Gold Corporation said that new geophysical surveys indicated the potential presence of gold-bearing structures near the Cavanacaw gold mine in Omagh, Northern Ireland. TEST GRIDS The company recently conducted induced polarisation (IP) gradient array surveys close to the mine to determine the value of the gradient array method not previously tried in the area. […]
Tag: Galantas Gold Corporation
Galantas narrows quarterly losses at Cavanacaw gold mine
Galantas Gold Corporation reported a net loss of US$1,173,276 for the third quarter of 2021, lower than Q2, for its gold mine at Cavanacaw in Omagh, Northern Ireland. FINANCES In its unaudited third quarter results ended 30 September 2021, the Canadian company said that the loss, compared with Q3 2020: $776,956, was mainly due to […]
Galantas drills parallel intercept at Cavanacaw
Galantas Gold Corporation reported a parallel high grade intercept from the second underground hole in its 4,000m drilling programme at Cavanacaw mine in Omagh, Northern Ireland. KEARNEY VEIN The second hole was drilled from the lowest level in the underground development at the Kearney vein. Two two intersections returned 26.7 g/t gold, 88.2 g/t silver […]
Galantas Gold appoints Brendan Morris as a director
Galantas Gold Corporation has appointed Brendan Morris as a director of the company. Mr Morris was made chief operating officer in May this year.
Galantas lists on OTCQX to attract US investors
Galantas Gold Corporation announced that its common shares have qualified to trade on the OTCQX® Best Market (OTCQX) for its operations at Cavanacaw mine in Omagh. US INVESTORS The Canadian company’s chief executive and director Mario Stifano said that the OTCQX listing in the United States marked an important milestone for the company. “Our decision to cross-trade […]
Galantas focuses on increasing resource at Cavanacaw
Galantas Gold Corporation recorded no revenue during Q2 2021 as the company focused on drilling to increase resource at the Cavanacaw mine in Omagh, Northern Ireland. FINANCES In its unaudited financial results for Q2 2021, the Canadian miner recorded nil revenue (Q2 2020: nil). Concentrate sales provisional revenues of US$218,000 for Q2 2021 (Q2 2020: […]