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galantas gold corp (GALKF) Details

Galantas Gold Corporation is engaged in the acquisition, exploration, and development of gold properties primarily in Omagh, Northern Ireland. It owns and operates a producing open pit gold mine near Omagh, County Tyrone. The mine also produces silver, lead, sulphur, and iron ores. The company was formerly known as European Gold Resources Inc. and changed its name to Galantas Gold Corporation in May 2004. Galantas Gold Corporation is based in Toronto, Canada.

7 Employees
Last Reported Date: 08/20/14

galantas gold corp (GALKF) Top Compensated Officers

Chief Executive Officer, President, Executive...
Total Annual Compensation: C$322.3K
Chief Financial Officer
Total Annual Compensation: C$69.5K
Compensation as of Fiscal Year 2013.

galantas gold corp (GALKF) Key Developments

Galantas Gold Corp. Presents at Proactive Investors One2One Forum, Oct-16-2014

Galantas Gold Corp. Presents at Proactive Investors One2One Forum, Oct-16-2014 . Venue: Chesterfield Mayfair Hotel, 35 Charles St, Mayfair, London W1J 5EB, United Kingdom.

Galantas Gold Corporation Files Technical Study Showing Strong Economics at Omagh Gold Mine in Northern Ireland

Galantas Gold Corporation announced the filing of a revised estimate of gold resources, economic study, planning and environmental update on its wholly owned, Omagh Gold Mine in Northern Ireland. Overall there has been a 19% increase in resources since the Galantas 2013 Resource Report and a 60% increase in resources since the 2012 Resource Report by ACA Howe International Ltd. The increases since 2012 largely relate to the Kearney and Joshua veins, since this is where the drilling program has been concentrated. The drilling program was mainly designed to focus on increasing the quantity of Measured and Indicated resources on these two veins, to support potential bank funding opportunities for the financing of production. The resources are calculated at a cut-off grade of 2 g/t gold (Au), numbers are rounded, gold grades are capped at 75 g/t gold and a minimum mining width of 0.9m has been applied. Measured and Indicated resources on Kearney vein have increased to 100,545 ounces of gold (2014) from 69,000 ounces (2012). Measured and Indicated resources on Joshua vein have increased to 67,739 ounces of gold (2014) from 15,800 ounces (2012). The Kearney and Joshua veins are the early targets of underground mining. Combined Measured and Indicated resource category on these two veins are estimated at 168,284 ounces of gold, with 293,918 ounces of gold in the Inferred resource category. Both vein systems are open at depth. The total of scheduled Measured and Indicated ounces utilised within the mining study is 104,627 ounces. The Inferred resources scheduled in the economic study are estimated at 60,635 ounces. Total Inferred resource estimated on the Joshua and Kearney orebodies is 293,918 ounces of gold. The amount of Inferred resources included in the economic estimate amounts to 20.6% of the total Inferred resources estimated on these veins. Were Inferred resources excluded within the mining plan, approximately 1 year would be removed from the estimate of mine life and annual output would be reduced.

Galantas Gold Corp. Presents at Proactive Investors One2One Investor Forum - Dublin, Sep-08-2014

Galantas Gold Corp. Presents at Proactive Investors One2One Investor Forum - Dublin, Sep-08-2014 . Venue: The Shelbourne Hotel, 27 St Stephen's Green, St. Stephens Suite, Dublin, 2, Ireland.


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