Exploring & Mining Irish Gold

Stock Code:
TSX-V: GAL, AIM: GAL, OTCQX: GALKF
Company Exposure:
Gold, Silver, Lead
Project Locations:
Northern Ireland, UK
Galantas Gold Corporation is a public company, listed on the TSX Venture Exchange in Toronto, London’s AIM market, and the OTCQX market in the U.S.
Galantas owns and recently operated a producing open-pit gold mine near Omagh, County Tyrone, Northern Ireland. The mine also produces by-product silver and lead. A metals concentrate is produced by safe, non-toxic processing and sold under contract. Following the granting of planning permission, the company continues to mine underground with around 2km of underground development completed so far. Development on-vein produces feed for the processing plant. Early results from the current drilling program are encouraging with vein targets planned to extend and upgrade the resource.
Investment Highlights
- Operational Excellence – Fully permitted mine meets environmental standards, monitored with detailed studies by the Northern Ireland Environment Agency and used a safe processing methodology to produce a smelter concentrate
- Infrastructure In Place – Ownership of initial open-pit mine, processing plant, tailings facility and water clarification ponds
- Supportive Shareholders – Ross Beaty, Roland Phelps (former CEO), Melquart Limited, Premier Miton Investments, Eric Sprott, Mike Gentile collectively own ~63%
- Exploration Upside – Multiple high-grade veins with significant exploration potential for resource upgrade and discovery over a 548.9km² land package