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Galantas Gold looks to raise £1.26mln for continued development of Omagh mine

Roland Phelps, president and chief executive of Galantas Gold Corp (LON:GAL CVE:GAL), discusses with Proactive's Andrew Scott plans for a private placement to raise funds for the development of their Omagh gold mine in Northern Ireland.

Phelps says the mine's commenced limited production of gold concentrate, from feed produced in development of the Kearney vein.

Quick facts: Galantas Gold Corp

Price: 20.98 GBX

AIM:GAL
Market: AIM
Market Cap: £6.78 m
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Galantas Gold reaches blasting agreement with PSNI for its gold mine near Omagh

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...

3 weeks, 1 day ago

2 min read