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Galantas pleased with restart of mining operations,

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Galantas Gold Corp restarts underground blasting at Omagh mine

Galantas Gold Corp restarts underground blasting at Omagh mine
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Investegate |Galantas Gold Corp Announcements | Galantas Gold Corp: Galantas Restarts Blasting Underground

GALANTAS RESTARTS BLASTING UNDERGROUND Date : March 12, 2021. Galantas Gold Corporation (the Company or Galantas ), the Northern Ireland gold producer and explorer, with a 100% interest in Northern Ireland s Omagh gold mine, is pleased to announce that limited blasting underground has re-commenced. Development mining of the Kearney gold vein has re-started on a single shift basis. It is expected to produce a feed of higher gold grade for the processing plant than the current feed, which comes from low grade stock. Total concentrate production is expected to rise, driven by an expected higher feed grade. During the period of suspension of blasting operations at the mine, key mining skill sets were preserved by the incorporation of personnel within process plant operations. Process plant operations will now reduce from three shifts to two.

Galantas Gold Corporation resumes blasting at Omagh mine

Galantas Gold Corporation resumes blasting at Omagh mine
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IN BRIEF: Galantas Gold restarts underground blasting at Omagh mine

IN BRIEF: Galantas Gold restarts underground blasting at Omagh mine Fri, 12th Mar 2021 17:37 Galantas Gold Corp - Northern Ireland-focused gold producer - At Omagh gold mine, limited underground blasting has recommenced, while development mining of the Kearney gold vein has restarted on a single shift basis, and is expected to produce a feed of higher gold grade for the processing plant. As a result of this, total concentrate production is expected to rise. The restart of blasting, although limited by our cash availability, is good progress. If the upcoming review is positive, the re-start is expected to enhance gold concentrate production. Cash constraints do restrict how quickly operations can be expanded and the company is actively working with third parties on the arrangements required both to expand blasting underground and to expand exploration, for which significant potential exists, notes Chief Executive Officer Roland Phelps.

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