- Galantas Gold (GAL) continues to intercept high-grade gold from its ongoing 4,000-metre drilling program at the Omagh Project in Northern Ireland
- Mario Stifano, CEO of Galantas sat down with Dave Jackson to discuss the program
- Hole FR-DD-21-175 intersected 17.4 grams per tonne (g/t) gold (Au), 74.6 g/t silver (Ag) and 1.9 per cent lead (Pb) over 13.1 metres
- FR-DD-21-171 intersected 10.1 g/t Au, 93.5 g/t Ag and 3.4 per cent Pb over 6.5 metres
- Galantas Gold Corporation (GAL) is down 13.79 per cent on the day, trading at C$0.50 per share at 4 pm EST
Galantas Gold (GAL) continues to intercept high-grade gold from its ongoing 4,000-metre drilling program at the Omagh Project in Northern Ireland.
Hole FR-DD-21-175 intersected 17.4 grams per tonne (g/t) gold (Au), 74.6 g/t silver (Ag) and 1.9 per cent lead (Pb) over 13.1 metres. This hole successfully targeted a potential ‘dilation zone’ within the Joshua Vein and includes a higher-grade section with 25.3 g/t Au, 108.4 g/t Ag and 2.9 per cent Pb over 8.7 metres.
FR-DD-21-171 intersected 10.1 g/t Au, 93.5 g/t Ag and 3.4 per cent Pb over 6.5 metres.
Mario Stifano, CEO of Galantas sat down with Dave Jackson to discuss the program.
“As Galantas advances underground mine development towards production, detailed mapping of the exposed mineralization identified zones of thicker widths, suggesting the significant potential to not only identify wider zones of mineralization but higher grades, and the opportunity to significantly expand current resources with additional drilling. The Joshua and Kearney veins remain open along strike and to depth, and only represent 2 of the 16 veins identified to date.”
With the encouraging results from our current drill program, Galantas is evaluating accelerating the planned underground development and the required infrastructure to the Joshua Vein which is currently 240 metres west of the Kearney development. This will allow for two additional drill bays for multiple underground drills at the Kearney and Joshua veins, to expand and accelerate the drilling program,” he added.
Galantas Gold Corp is involved in mining and exploration activities. The company owns and operates an open-pit gold mine in Northern Ireland.
Galantas Gold Corporation (GAL) is down 13.79 per cent on the day, trading at C$0.50 per share at 4 pm EST.
