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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

Comment by stockpunteron Mar 12, 2023 6:50pm
142 Views
Post# 35333712

RE:RE:RE:NI politics

RE:RE:RE:NI politicsNot sure what you are referring to.  If you are implying that NI politics are not relevant to the operation of GAL mining activities, remember that a few years ago they could not reliably get explosives.  Why do you suppose it would be a problem obtaining explosives in NI?  Just asking.
Politics might be only one of our problems, though.  Many months after GAL announced the beginning of "production", we hear they have problems with personnel.  They have farmed that problem out to some other outfit, but that won't necessarily solve anything as the latter will have to use the same pool of prospective workers.  Now they are getting all excited about turf in Scotland, pre-selling gold from NI and doing a PP in the 0.30s.
Please explain how things are "on the ground" How do "things work" at the only gold mine in Ireland?

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