|Delayed - 09/24 03:40:16 pm|
Galantas Gold to Commence New Exploration Drilling Program at Omagh07/26/2021 | 02:00am
Galantas Gold Corporation announce the imminent commencement of an initial Phase 1 surface and underground exploration program comprising of 4,000 metres of diamond drilling at the Omagh gold mine in Northern Ireland. Drilling will focus on the Kearney and Joshua veins, two of many high-priority targets on the Company’s land package. Underground drilling on the Kearney vein will test deeper extensions of mineralized dilation zones targeting higher widths of mineralization within the vein. Drilling will also target continuity and grade of additional mineralized zones running parallel to the main orebody. Drill results will support the mine plan as the Company moves into a new phase of underground mining and accelerated development. The Company has currently completed 2,000 metres of underground development at Kearney and development is currently within 240 metres of accessing the Joshua vein. Development has recently restarted on the Joshua decline. The surface drilling program will target the Joshua vein. The Company will follow up on its best intersection to date of 21.6 metres of 9.9 grams per tonne (g/t) gold (13 metres true width) at a vertical depth of 117.2 metres (hole OML-DD-15-155), which was identified towards the end of the last drilling program in 2015, as announced January 25, 2016. Drilling will also target a central area of the vein 70 metres from where the underground development is first planned to intersect the Joshua vein. Earlier drilling of central Joshua include hole OM-DD-11-103 resulting in 26.6 metres of8.4 g/t gold (4.5 metres true width) as announced June 11, 2012.
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