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Galantas Gold Corp

Galantas Gold Corporation appoints corporate finance expert to board

Roisin Magee (54) has more than thirty years’ experience working for fund managers in Dublin and London

gold
Omagh gold mine is in County Tyrone

Ulster-based gold explorer Galantas Gold Corp (LON:GAL CVE:GAL) has appointed corporate finance specialist Róisín Magee to its board.

Magee (54) has more than thirty years’ experience working for fund managers in Dublin and London.

READ: Galantas Gold Corp backers support placing as work at Omagh progresses

Roland Phelps, Galantas’ chief executive, said Magee’s knowledge and perspective on corporate finance and capital markets would strengthen the board as it develops the Omagh mine.

On that, Phelps added: “The first shipment of flotation concentrate from the on-site processing plant, using the limited feed from underground in-vein development, has been produced and awaits the results of quality checks prior to despatch to a smelter.

“A new loader, specified for in-vein development, is expected on site before the end of the month and is expected to boost the rate of in-vein development.”

Quick facts: Galantas Gold Corp

Price: £0.04

Market: AIM
Market Cap: £12.14 m
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Galantas Gold seeing 'racy' grades at Omagh as development work advances

Galantas Gold Corporation's (LON:GAL) roland Phelps tells Proactive London's Andrew Scott they've hit more strong gold indications from work at the Omagh mine in Northern Ireland. An access drive on the fourth (1060) level intersected the Kearney vein ahead of schedule.

on 22/7/19

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