Investor Alert: Galantas Gold Corporation – Ireland’s First Gold Mine
Galantas Gold Corporation is a Canadian public company
Dual-listed on the TSX Venture Exchange, located in Toronto and London’s AIM market, Galantas owns and recently operated a producing open-pit gold mine near Omagh, County Tyrone, Northern Ireland. Additionally, it produces by-product silver and lead with about two kilometers of underground development completed thus far. Although the company’s focus is on its mining business, they entered an arrangement with an Irish-based jewelry business. That business obtains a premium for a limited quantity of their Irish Gold.
They have a strategic plan which employs a dual approach. The first part started with bringing the fully permitted Omagh mining operation into production. Moreover, they use a concentration process, called froth flotation – this has produced gold, silver and other metals. Furthermore, Galantas Gold will continue operations underground and is actively developing the mine.
As part of the company’s second part of their strategic plan, they plan to aggressively explore its large licensed area. Galantas Gold Corporation is well-positioned to take advantage of the gold market.
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