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. The bulk sampling operation is designed to comprehensively assess the length, width and gold grade of the gold stringer at surface and it is expected to extract the sample and restore the surface within a four month period. Drill core H159 (reported 24 August) intersected 1 metre of mineralisation grading 5.7g/t gold and 6.2g/t silver, some 50 metres vertically below the earlier reported grab samples and 11 metres south from the planned underground development decline. The bulk sample material will be assessed within the existing processing plant to provide data to assist the determination of commerciality of underground mining of the stringer vein. The processing of ore earlier in the development program than previously considered may have positive cash flow implications. Galantas also says it has been advised that the judicial review of its planning consent has been listed for continuation of the hearing on 6-8 December.
0.00 (0.00%)delayed 18:15PM