Galantas Gold Corporation is a junior mining company involved in the identification, evaluation, exploration, and development of precious metal projects. Galantas Gold Corporation is listed on the Toronto Venture Stock Exchange, its ticker symbol is GAL. The mineral mining company also trades on the AIM Stock Exchange in London under the same symbol (GAL).
The Toronto-based gold exploration company owns a 100 per cent stake in the Omagh Project situated in County Tyrone, North Ireland. It is a gold project with gold-rich ore containing multiple elements, such as silver (Ag), lead (Pb), iron (Fe) and sulphur (S).
The Omagh Project encompasses a total area of 766.5 square kilometers under the license. The project hosts an open pit deposit – the Cavanacaw mine with proper mining infrastructure, including water clarification ponds, processing, and tailing plants.
The project is fully permitted to conduct mining operations with more than two kilometers of underground development. The mill facility produces quality gold concentrates and ships more than 30,000 ounces of gold. It also produces silver (Ag) and lead (Pb) as by-products.
The company has obtained permits to expand the mill operations, which would be completed in the next two years. The Omagh Project hosts numerous resource extension targets, including – Kearney, Joshua, Elkins, Kerr, Gormley, Sammy’s, Princes, and Garry’s.
Additionally, the company has discovered several exploration target areas – Peter’s, 63 Gram, North of Sammy’s Barn and East, Cousins, Cornavarrow Burn, Cornavarrow Burn, and Legphressy. Galantas Gold Corporation is focused on responsible exploration programs to identify and evaluate new prospective areas and extend the mineral resource potential for the development of the project. With sustainable mining and exploration operations, the company minimizes its footprint on the environment and increases its production capabilities to maximize the return to investors.