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Galantas Gold Corp V.GAL

Alternate Symbol(s):  GALKF

Galantas Gold Corporation is a Canada-based company, which is operating and expanding gold production and resources at the Omagh Project in Northern Ireland, and exploring the Gairloch Project hosting the Kerry Road gold-bearing volcanogenic massive sulfide (VMS) deposit in Scotland. The Company's projects include Omagh Project and Gairloch Project. The Omagh Project is situated within an approximately 189 square kilometer (km2) license area, which lies 1.5 hours drive west of Belfast, in Northern Ireland. The Company holds approximately seven exploration licenses over an area of around 596.7 km2. The Company holds exploration and developments rights to the Gairloch Project, an approximately 217 km2 mineral license area in Scotland that covers the Gairloch Schist Belt. VMS deposits are major sources of zinc, copper, lead, silver and gold. They often form in clusters in areas of ancient underwater volcanic activity. Its subsidiary is Cavanacaw Corporation.


TSXV:GAL - Post by User

Bullboard Posts
Post by onedayyyyyyyyon Nov 17, 2006 7:14am
94 Views
Post# 11699109

Here's all the NEGATIVES again.

Here's all the NEGATIVES again.###### Plumbing and electrical wiring is nearing completion and one diesel generator remains to be brought on line. ###### Commissioning of each of the individual plant components will commence as soon as the second generator is operable. ###### Installation of the lining has been delayed firstly by the insolvency of a previous contractor and secondly by the late delivery of the HDP liner from Spain. ###### Under the supervision of a second contractor, this was to have arrived the week of 6th November but now is expected to arrive the week of 13th November. ###### Two dry periods of 3-4 days in duration each are required to line both structures after the arrival of the lining. ###### Construction progress has suffered from a series of delays, most recently due to specialist sub-contractors. These have added to delays incurred early in the project due to changes in mandatory archaeological supervision and ###### difficulties with handling large quantities of saturated peat. ###### Delays may continue to accrue until project completion. ###### Work remaining includes installation of the regrind mill and gravity concentration equipment consisting of a Knelson concentrator and table. ##%%&&**### There are concerns about the ability of the plant to maintain a high degree of operating time, largely due to lack of duplicates including pumps. ##%%&&***##
Bullboard Posts