Galantas Gold Corporation is soon to start a surface and underground exploration programme of 4,000 metres diamond drilling at Cavanacaw gold mine in Omagh, Northern Ireland. UNDERGROUND Initial Phase I drilling will focus on the Kearney and Joshua veins, two of “many high-priority targets” on the company’s land package. Underground drilling on the Kearney vein […]
Tag: Galantas Gold Corporation
Galantas focuses on growth with new advisors
Galantas Gold Corporation has made four appointments to its advisory board to assist management in the company’s growth. TONY MAKUCH Mr Makuch is currently the president and CEO of Kirkland Lake Gold Inc. He was previously president and CEO at Lake Shore Gold Inc from 2008 to 2016. He holds a Bachelor of Science degree […]
Galantas employs JDS to improve Cavanacaw
Galantas Gold Corporation has engaged JDS Energy & Mining Inc to work on Cavanacaw underground mine in Omagh, County Tyrone, Northern Ireland. JDS is a Canadian engineering, construction, and underground development company specialising in providing value-added solutions for mineral resource projects. The company will work with Galantas’ technical team to provide solutions on mine design […]
Galantas increases Q1 2021 concentrate shipment
Galantas Gold Corporation increased shipment of concentrate and slightly narrowed losses for the start of the year at Cavanacaw gold mine in Omagh, Northern Ireland. In its unaudited financial results ended 31 March 2021, the Canadian miner recorded a net loss of C$639,963 (Q1 2020: C$680,315). The miner recorded no revenue and held cash of […]
Galantas Gold appoints Brendan Morris as COO
Galantas Gold Corporation has appointed Brendan Morris as chief operating officer in a non-board role. Mr Morris is a chartered mining engineer with more than 40 years of experience in mining and quarrying in Ireland, the United Kingdom, the United Arab Emirates and Canada. He has more than 25 years’ practical experience in management, in […]
Galantas raises £4.7m via private placement
Galantas Gold Corporation completed its private placement to raise a total of C$7,998,980 (£4.7m) to increase operations at Cavanacaw gold mine in Omagh, Northern Ireland. The placement resulted in the issuance of 26,663,264 units at a price of C$0.30 per unit. PARTIES Eric Sprott, through his company Ontario Ltd, acquired 6,333,333 units for C$1,900,000 representing 8.6% in […]