Galantas Gold Corporation Takes Major Steps to Secure a Future in the Global Critical Raw Materials Market - Trade Oracle

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Galantas Gold Corporation Takes Major Steps to Secure a Future in the Global Critical Raw Materials Market

Galantas Gold Corporation is making headlines as they take a major leap forward in the global critical raw materials market. With a focus on sustainability, innovation, and growth, the company is setting the standard for the industry and paving the way for a secure future. This article will explore the steps they are taking to ensure success in this ever-evolving market.

Galantas Gold Corporation Takes Action to Secure a Place in the Global Critical Raw Materials Market

Galantas Gold Corporation is taking steps to secure their place in the global critical raw materials market. The company has announced a new surface drilling program at the Omagh project in Northern Ireland, as well as an uptick in cash in the first quarter of the year. Additionally, the British Geological Survey has identified areas in mid-County Tyrone, Northern Ireland, and the area around Loch Maree near Gairloch, Scotland, as having geological prospectivity for various critical raw materials. Galantas Gold is also set to commence drilling at the newly acquired Gairloch project in Scotland, and has increased the size of their non-brokered private placement to raise approximately C$2.75mln. Furthermore, the miner has agreed to enter a forward sale agreement with Ocean Partners for gold produced at the Omagh gold mine in Northern Ireland for 2024 and early 2025. Finally, the miner has appointed Micon International Limited to produce a NI 43-101-compliant resource estimate for the company’s Omagh gold project in Northern Ireland and has also appointed an experienced mining contractor to develop the access and exploration drives to the Joshua Vein at its Omagh gold project in Northern Ireland. These steps taken by Galantas Gold Corporation demonstrate their commitment to securing a place in the global critical raw materials market.

Galantas Gold Increases Cash Flow and Announces New Surface Drilling Program

Galantas Gold Corporation has recently announced their new surface drilling program at the Omagh project in Northern Ireland. This program will target gaps and areas of the inferred resource at the main Joshua Vein, and the company has also reported an increase in cash in the first quarter of the year. The British Geological Survey has identified areas in mid-County Tyrone, Northern Ireland, and the area around Loch Maree near Gairloch, Scotland, as having geological prospectivity for graphite, antimony, bismuth, molybdenum, tellurium, cobalt, manganese, gallium, germanium, and indium.

Paragraph 2: Galantas Gold will also commence drilling at the newly acquired Gairloch project in Scotland during the coming weeks, and has increased the size of its previously announced non-brokered private placement. Results from three holes drilled from underground platforms within the Kearney Vein development at the Omagh Project have also shown further solid gold grades. The company has also agreed to acquire the Gairloch project, and will be hosting a live webcast on February 1, 2023 to discuss the Gairloch Project. Furthermore, Galantas Gold has entered a forward sale agreement with Ocean Partners for gold produced at the Omagh gold mine in Northern Ireland for 2024 and early 2025. Finally, the miner has appointed Micon International Limited to produce a NI 43-101-compliant resource estimate for the company’s Omagh gold project in Northern Ireland and has also appointed an experienced mining contractor to develop the access and exploration drives to the Joshua Vein at its Omagh gold project in Northern Ireland.

Galantas Gold Announces Acquisition of Gairloch Project and Forward Sale Agreement with Ocean Partners

Galantas Gold Corporation has recently announced a surface drilling program at the Omagh project in Northern Ireland and a new report by the British Geological Survey has identified areas in mid-County Tyrone and the area around Loch Maree near Gairloch, Scotland as having geological prospectivity for various metals. The company has also agreed to acquire the Gairloch project, a 217 sq km gold-bearing mineral licence in the northwest highlands of Scotland.

Paragraph 2: Additionally, Galantas Gold has entered a forward sale agreement with Ocean Partners for gold produced at the Omagh gold mine in Northern Ireland for 2024 and early 2025. Results from three holes drilled from underground platforms within the Kearney Vein development at the Omagh Project have shown further solid gold grades. The miner has also appointed Micon International Limited to produce a NI 43-101-compliant resource estimate for the company’s Omagh gold project and has appointed an experienced mining contractor to develop the access and exploration drives to the Joshua Vein at its Omagh gold project. SP Angel has also initiated coverage on Galantas Gold.

Galantas Gold Corporation has taken a bold step forward in becoming a major player in the global critical raw materials market. With its innovative and forward-thinking approach, the company is sure to make a lasting impact on the industry. From its commitment to sustainability and environmental protection to its focus on developing cutting-edge technologies, Galantas Gold Corporation is paving the way for a prosperous future in the critical raw materials market. With its dedication to excellence and its commitment to providing the best products and services, Galantas Gold Corporation is sure to be a major force in the industry for years to come.

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