Galantas Gold advancing Omagh mine after placing sees high demand
- Galantas Gold says James Golla to retire after 20 years as director
- Galantas Gold reaches blasting agreement with PSNI for its gold mine near Omagh
Quick facts: Galantas Gold Corp
Price: 24.5 GBX
Market Cap: £18.2 m
About the company
Galantas Gold Corporation is a Canadian public company that trades on the TSX-Venture Exchange and the London Stock Exchange AIM market.
The company's strategy is to create shareholder value by operating and expanding Ireland's first gold mine.
How it is doing
"On behalf of Galantas, I would like to thank James for serving on our board over the past 20 years,” said chairwoman Róisín Magee. “His insightful and experienced contributions were highly valued, and we wish him well in the future."
"My resignation is a result of my decision to retire and does not take away my enthusiasm for the Omagh project, which I believe will become a leading gold operation in Northern Ireland,” said Golla.
Galantas is seeking to operate and expand Northern Ireland's first gold mine.
"The company has made great strides in advancing the Omagh project with the commencement of drilling to increase the confidence of resources for mine planning while also looking to expand known resources,” said chief executive Mario Stifano.
What management says
Galantas Gold Corporation's (LON:GAL)(CVE:GAL) Roland Phelps speaks to Proactive London's Andrew Scott after reaching an agreement with the Police Service of Northern Ireland (PSNI) regarding blasting at its 100% owned gold mine near Omagh, Northern Ireland.
He says they're planning to restart milling at the mine within ten days.
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