Galantas Gold Corp (AIM: GAL, TSX-V: GAL, OTCQX: GALKF) has disclosed that QME Mining Services (NI) Ltd. Ireland has concluded its due diligence at Galantas’ Omagh Gold Project in Northern Ireland, an integral part of its sustainable mining strategy.
The mining blueprint, set to be finalized in July 2023, is designed to support Galantas in extending mining and development activities to the lower levels of the Omagh Mine. It will concentrate on maximizing output from dilation zones, potentially harbouring higher grades and thicker spans of mineralization. The plan will stipulate a phased production strategy, commencing with preliminary output levels, and then progressing with gradual expansions.
The company sees this as an economical method to mitigate production hazards while simultaneously pursuing exploration and enlargement undertakings at Omagh. The mining plan incorporates the exploitation of both the Joshua and Kearney veins, leveraging QME’s experienced workforce and cutting-edge OEM mining equipment.
In a press release, Mario Stifano, the CEO of Galantas, shared his enthusiasm for QME’s role in the mining plan, stating, “We’re extremely pleased with QME’s progress on our mining plan. Given QME’s vast mining experience throughout Europe, especially their significant contribution to Dalradian’s adjacent gold project only 20 km from Omagh, they are perfectly suited for this task.”
Stifano highlighted QME’s investment in the Omagh Project’s success, as demonstrated by their substantial stake in Galantas. He said that more information about the mining strategy would be shared in the following month.
QME, established in 1985, is a highly regarded mining services firm involved in mine development and providing new and refurbished equipment for subterranean and surface mining operations. The company has mining contracts in Ireland and Portugal and has previously contributed to mining initiatives in the Republic of Ireland, Northern Ireland, and Scotland. Tara Mines, Dalradian Gold, Lundin Mining, and Barrick Gold are among its notable clients.
Galantas Gold’s strategy prioritizes shareholder value by means of gold production and resource growth at the Omagh Project in Northern Ireland, in addition to exploring the Gairloch Project, home to the gold-laden VMS deposit at Kerry Road in Scotland.
