Metals & Minerals News

Galantas agrees Omagh gold blasting with PSNI

Galantas Gold Corporation announced its operating subsidiary had reached a formal agreement regarding blasting with the Police Service of Northern Ireland (PSNI) at its Omagh gold mine. The Canadian gold miner, which has a 100% interest in Omagh gold mine, said: “The agreement provides the potential for a materially improved economic arrangement for an expansion […]

Metals & Minerals News

Galantas Gold narrows losses as revenue falls

Galantas Gold Corporation narrowed its losses by the end of September 2020 compared with the same period in 2019 for its Cavanacaw gold mine in Omagh, County Tyrone. The company also said it was still “actively engaged” in seeking strategic alternatives including reviewing its licences and operations, considering a sale, joint venture, partnership or other […]

Metals & Minerals News

Galantas extra shift to see 43% rise in production

Galantas Gold Corporation said it had increased gold concentrate processing after adding an extra work shift at its Cavanacaw Gold Mine in Omagh, County Tyrone. The Canadian company began three-shift processing on 26 October 2020 with the additional shift resulting in a rise in milling from 84 hours to 120 hours per week. Galantas added […]

Metals & Minerals News

Galantas starts new review of Cavanacaw

Galantas Gold Corporation announced it was conducting a new technical review of exploration work, including a proposed core drilling programme, at Cavanacaw mine in Omagh, Northern Ireland. The Canadian company has said its licensed area holds more than three million ounces of gold which is wants to “aggressively explore”. Galantas said that the exploration report […]

Metals & Minerals News

Galantas processes low grade stock as funding talks continue

Galantas Gold Corporation has reported its third quarter results on processing of concentrate at its Cavanacaw gold mine in Omagh, Co. Tyrone, Northern Ireland. The mine was closed on 26 May 2020 because of the pandemic and underground mining remains suspended. The Canadian company said that current processing utilised low grade stock and, between 26 […]