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At the current gold price of around €500 per ounce, this equates to an income of more than €15 million a year for Galantas. The demand for gold, the amount of gold in the central banks’ reserves, the value of the U.S. dollar and the desire to hold gold as a hedge against inflation and currency devaluation, all help drive the price of gold. The company owns and operates a producing open pit gold mine near Omagh. TORONTO, Oct. 26, 2020 (GLOBE NEWSWIRE) -- Galantas Gold Corporation (“Galantas” or “the company”) is pleased to announce an exploration and resource review for the Galantas Gold Mine, Omagh, Northern Ireland. Condor Gold plc was admitted to AIM on 31st May 2006. It is also listed in Canada on the TSX. Galantas Gold Corporation ("Galantas" or "the company") is pleased to announce an exploration and resource review for the Galantas Gold Mine, Omagh, Northern Ireland. Galantas Gold Corporation was founded in 1996 and is based in Toronto, Canada. Unlike many of its rivals, Galantas isn't solely concerned with mining. ... deposits so as to expand minable reserves and increase gold production in stages; • Explore the Company’s prospecting licences, focusing on the more than 60 gold targets identified The Omagh gold project, situated in Crown Estate prospecting licence OM 1/03, covers an area of about 189km 2, straddling the counties of Tyrone and Fermanagh in western Northern Ireland.. Omagh Minerals Ltd (OML), a wholly owned subsidiary of Canadian company Galantas Gold Corp, owns the freehold to the site as well as the prospecting and mining rights, planning consent and infrastructure. Media and Press Releases : Galantas Gold Corporation(GAL.V) • Galantas Corporation's missioin is to create shareholder value by bringing Ireland's first gold mine into production and add value to the production by utilizing the rare Irish gold to fashion an exclusive line of high quality 18-carat gold jewellery. GAL.VN : 0.280 (unch) Galantas Production Update and Change of Broker GlobeNewswire - Tue Oct 6, 1:00AM CDT Galantas is a gold development stage company based in Canada. Its main exploration properties are OMAGH - KEARNEY and OMAGH - OTHER DEPOSITS in Ireland and MONTEMOR in Portugal.. Galantas is listed in Canada, in United Kingdom and in United States of America. It also produces silver and lead. Galantas holds various exploration projects in Ireland and in Portugal. Galantas Gold Corporation has been a producing mineral resource issuer and the first to acquire planning consent to mine gold in Northern Ireland. Galantas Gold Corp. - GAL - Galantas Gold is a mineral company based in Toronto, Canada with 1 an asset in 1 country Exploration and Resource ReviewThe company is carrying out a review of exploration, with the detailing of a proposed core drilling program. Financial statements and reports for Galantas Gold Corp (GAL) NPV including annual reports and financial results for the last 5 years. Roland Phelps of Galantas thinks over 3m ounces of gold reserves could be discovered in that period: not much by the standards of big gold-producing nations, but enough for a tidy niche industry. The Company is a gold exploration and development company with a focus on Nicaragua in Central America. The company was formerly known as European Gold Resources Inc. and changed its name to Galantas Gold Corporation in May 2004. • 24hGold.com
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