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Be the first with the news that moves the market- Galantas Gold (GAL) provided results for four holes from its drill program at the Omagh Project in Northern Ireland
- Three holes were drilled from an underground platform towards the south of the development on the Kearney Vein, and one was drilled from a new platform in the north
- A pattern of vein swelling and grade increases are projected at depth and predictably identified at regular intervals along strike of the first five levels of the Kearney Vein underground development
- CEO Mario Stifano sat down with Daniella Atkinson to shed light on the news
- Galantas Gold is focused on operating and expanding Northern Ireland’s first gold mine
- Galantas Gold Corporation (GAL) opened trading at C$0.49
Galantas Gold (GAL) provided results for four holes from its drill program at the Omagh Project.
Three holes were drilled from an underground platform towards the south of the development on the Kearney Vein, and one was drilled from a new platform in the north.
Hole FR-DD-22-UG-191 targeted a northern extension to a proposed dilation zone and intersected 6.3 grams per tonne (g/t) gold (Au) and 32.1 g/t silver (Ag) over 11 metres. This includes a higher-grade section of 14.2 g/t Au and 59.3 g/t Ag over 4.5 metres.
Hole FR-DD-22-UG-188 intersected the main Kearney Vein 40 metres below the resource model at 9.3 g/t Au and 23.3 g/t Ag over 2.9 metres.
Holes FR-DD-22-UG-187 and 184 both intersected the main Kearney Vein and the B-lens with B-lens intersections in the inferred resource and 50 metres beneath the resource model, respectively. The B-lens is a vein that runs parallel 17 metres east of the Kearney Vein.
Galantas’ CEO, Mario Stifano, sat down with Daniella Atkinson to shed light on the news.
“We are pleased that our drill data so far is supporting the theory that dilation zones – a pattern of vein swelling and grade increases – are projected at depth and predictably identified at regular intervals along strike of the first five levels of the Kearney Vein underground development.”
Galantas Gold is involved in mining and exploration activities. The company owns and operates a producing open-pit gold mine near Omagh, County Tyrone, Northern Ireland, which is the first in the country’s history.
Galantas Gold Corporation (GAL) opened trading at C$0.49.
