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Galantas Gold Corp CS (GAL)

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28-May-2021 08:17 AM

Galantas Gold net losses narrow in Q1 on lower costs

Galantas Gold reported a narrower net losses for the first quarter ended March following a reduction in costs. For the quarter ended March 31, 2021, net losses were C$640,000, down from C$680,000 last year. Concentrate sales provisional revenues total
09-Nov-2020 09:09 AM

Galantas Gold Corp increases Gold concentrate processing

Galantas Gold Corp said it had added a third shift to increase gold concentrate processing at its Galantas Gold Mine on Omagh, Northern Ireland. The shift which commenced on 26 October increased milling from 84 hours to 120 hours per week. Additional tra
12-Jun-2020 09:33 AM

Galantas Gold losses nearly double as revenue slumps

Gold mining company Galantas Gold reported wider losses as a plunge in revenue amid production disruptions weighed on performance. For the year ended December 31, pre-tax losses widened to C$215,903 from C$113,815 as revenue fell 92% to C$5.8m on-year.
22-Nov-2019 07:32 AM

Galantas Gold reports big drop in Q3 revenue

Northern Ireland gold miner Galantas Gold has reported a big drop in revenue for the third quarter and said it will have to raise funds in the next six months. The company has had to suspend blasting operations which are limited as they must be supervise
18-Apr-2019 08:35 AM

Galantas Gold reports wider losses as costs offset revenue

Galantas Gold Corporation reported a wider first-half pre-tax loss as increased costs offset a jump in revenue. For 2018, the company reported a pre-tax loss of C$2.89m compared with a loss of C$2.08m a year earlier, while revenue more than doubled to C
28-Aug-2018 08:31 AM

Galantas net losses widen despite sharp uptick in revenue

Galantas Gold Corporation reported Tuesday a wider first-half net loss despite revenue rising sharply. For the six months to 30 June, the company reported a net loss of C$ 1.23m compared with a loss of C$1.20m a year earlier, while revenue nearly trebl
20-Apr-2018 08:29 AM

Galantas net losses widen as costs swell

Galantas Gold Corporation reported Friday net losses widened in the year to the end of December as costs rose and revenue more than halved. The net loss for 2017 widened to around CDN$2.1m from CDN$1.6m as general administrative costs rose to CDN$1.7m f
17-Nov-2017 07:26 AM

Galantas Gold Q3 net losses widen

Galantas Gold Corporation posts a third quarter net loss of C$452,756 - up from C$257,214 a year ago. The cash loss from operating activities before changes in non-cash working capital increased to C$296,961 from C$156,571). The net loss for the first
19-Oct-2017 09:37 AM

Galantas sees accelerated development progress at Omagh

Galantas Gold Corporation has reported accelerated development progress at its Omagh gold mine, Northern Ireland. It said that as expected, the acceleration of development had followed the resolution of blasting matters. Underground development now tot
24-Aug-2017 07:30 AM

Galantas Gold H1 losses widen

Galantas Gold's net losses rose to $1,196,110 in the six months to the end of June - up from $1,019,174. But second quarter losses narrowed to $511,876 from $645,829. The company had cash balances of $1,681,739 at the end of June compared with $1,3
12-Jul-2017 09:40 AM

Galantas intersects stringer vein at Omagh mine

Galantas Gold Corporation has intersected a stringer vein at the Omagh gold mine in County Tyrone, Northern Ireland. Galantas said underground development by its wholly owned subsidiary was proceeding well with the development tunnel advanced by approxi
26-May-2017 08:23 AM

Galantas Gold net losses widen

Galantas Gold's net losses rose to C$684,234 in the three months to the end of March - up from C$373,345 a year ago. First quarter revenues fell to C$2,734 - down from C$28,073 last time - and consisted mainly of jewellery sales. It said the cost o
28-Apr-2017 07:49 AM

Galantas Gold losses narrow

Galantas Gold Corporation's net losses narrowed to C$1.6m in the year to the end of December - down from C$1.8m last time. The cash outflow from operating activities before changes in non-cash working capital amounted to C$1,341,273 (2015: C$1,527,3
24-Apr-2017 07:32 AM

Galantas puts Omagh mine development on hold

Galantas Gold Corporation has put development at the Omagh gold mine on hold after it was notified by the Police Service of Northern Ireland that it would not provide its required anti-terrorism cover in regard to blasting operations. The PSNI must sup
13-Apr-2017 08:09 AM

Galantas completes portal works for underground mine

Galantas Gold Corporation has confirmed that construction of the portal works for development of its underground gold mine have been completed. The portal works involved drilling and blasting of the initial opening, the installation of grouted cable bol
13-Mar-2017 09:59 AM

Galantas started underground development at Omagh

Galantas Gold Corporation has started underground development on the Omagh gold property, County Tyrone. The initial works are for the formation of a portal (initial tunnel entry area) in the western side wall at the base of the Kearney open pit. When
06-Dec-2016 09:14 AM

Galantas to start phased development at Omagh

Galantas Gold Corporation intends, subject to suitable financing, to start underground development and re-start concentrate shipments at its Omagh, Northern Ireland gold mine. The company is, via a Northern Ireland subsidiary, a notice party to a judic
23-Nov-2016 02:15 PM

Galantas Gold losses narrow

Galantas Gold Corporation posts a net loss of C$257,214 for the three months to the end of September - down from C$409,880. Losses for the first nine months fell to C$1.3m from $1.5m. Sales revenues for the third quarter and nine months ended 30 Septembe
06-Oct-2016 07:48 AM

Galantas to bulk sample Kearney stringer vein

Galantas Gold Corporation intends, via a Northern Ireland subsidiary, to bulk sample the Kearney stringer vein on its Omagh gold property. Grab samples earlier reported (7th September 2016) from the stringer vein ranged from 52.9g/t gold to 6.2 g/t gold.
24-Aug-2016 02:13 PM

Galantas Gold losses narrow

Galantas Gold Corporation posts a net loss of C$1,019,174 for the six months to the end of June - down from C$1,122,856 last time. Revenues rose to C$29,721 from C$14,897 and consisted of jewellery sales as production at the Omagh mine remains suspended.
09-Aug-2016 07:45 AM

Galantas buys equipment for Omagh mine

Galantas Gold Corporation has bought initial underground mining equipment for its gold mine at Omagh, Co.Tyrone, Northern Ireland, and announced the results of a detailed study of near-mine structural geology, which has expanded the exploration potential
20-Apr-2016 09:22 AM

Galantas Gold losses narrow

Galantas Gold Corporation posts a net loss of C$1,793,077 for the year to the end of December - down from $5.264,727 in 2014. Revenues rose to $80,989 from $8,332. This consisted mainly of jewellery sales. Following the suspension of production during th
04-Mar-2016 03:05 PM

Galantas update on judicial review

Galantas Gold Corporation has confirmed that a third party has obtained leave from Belfast High Court to bring a judicial review of the planning consent granted by Department of Environment Northern Ireland, for the company's underground mine near O
13-Oct-2015 07:53 AM

Galantas notes potential challenge to planning consent

Planning permission for underground mining beneath Galantas Gold Corporation's existing open pit in Omagh may be challenged. Galantas says it has been made aware of what purports to be pre-action correspondence from an individual who intends to cha
16-Sep-2015 08:02 AM

Galantas reveals high-grade results

Galantas Gold Corporation has revealed high grade results from an exploration programme close to the boundary of the Omagh gold mine, County Tyrone It said the discovery of high grade boulders of 30.4 g/t ,34.4 g/t, 39.4 and 44.3 g/t Gold (float) aroun

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