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Galantas Gold Corp - Northern Ireland-focused gold producer - Begins longhole drilling at the Omagh project in Northern Ireland, marking the start of the production process. Installation of the secondary egress to the 1,052 level is in the final stage of being completed, with commissioning expected in two weeks. Blasting of the stopes will follow commissioning, it adds.
‘Galantas has now entered the next significant phase of the company's growth as we commence underground production. Galantas is uniquely positioned to deliver gold production while we grow our high-grade gold resources and unlock the full potential of a newly emerging high-grade gold district,’ says Chief Executive Mario Stifano.
Current stock price: 27.50 pence, down 1.8% in London on Tuesday afternoon
12-month change: down 25%
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