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Bullboard - Stock Discussion Forum
Galantas Gold Corp
V.GAL
Alternate Symbol(s):
GALKF
Metals & Mining
Gold
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.
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TSXV:GAL - Post Discussion
Galantas Gold Corp
> so....
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•••
stockpunter
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Post by
stockpunter
on Dec 12, 2022 3:13pm
so....
commercial production is something that ramps up next year?
(6)
•••
risk53
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Comment by
risk53
on Jan 10, 2023 1:26pm
Yes, and every year after...We shall see
(1)
•••
Lightsaber05
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Comment by
Lightsaber05
on Mar 12, 2023 7:37am
With the recent redundancies- 40 in total according to the local press, it's difficult to see how production can get back to full scale. I'm also surprised and disapointed that GAL did not pre-empt this announcment to shareholders, and indeed they've made no mention of it.. Focus seems only to be on 'good news'... https://www.wearetyrone.com/news/future-of-omagh
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