Galantas Gold Corporation (TSXV & AIM: GAL; OTCQX: GALKF) has received positive results for four holes from its ongoing 4,000m drilling programme at the Omagh Project in Northern Ireland.
All four holes were drilled from the underground development at the Kearney Vein.
Drilling highlights:
- Hole FR-DD-22-UG-183 intersected a new dilation zone within the main Kearney Vein with an intersection of 21.4 grams per tonne (g/t) gold (Au) and 32.9 g/t silver (Ag) over 2.4 metres.
- Hole FR-DD-22-UG-179 penetrated the main Kearney Vein, with multiple intersections including 16.6 g/t Au and 26.9 g/t Ag over 1.5 metres at a vertical depth of 138 metres
- Hole FR-DD-22-UG-180 intersected 7.1 g/t Au and 13.2 g/t Ag over 3.4 metres on a parallel-running vein known as the ‘C-lens’, approximately 50 metres east of the Kearney Vein
Vein intersections in holes FR-DD-22-UG-183 and 180 indicate the likelihood of a new dilation zone (Figure 3). Drill hole FR-DD-21-UG-179 also intersected the Kearney Vein within the dilation zone model. Dilation zones which have potential for higher widths of mineralisation have previously been identified within the Kearney underground development and are believed to be linked on shallow north-dipping planes. Further confidence is gained in the nearby ‘C-lens’ which was intersected in all four holes.
“The continued success of our exploration programme is demonstrating not only the high-grade potential of the deposit but also the predictability in identifying the high-grade dilation zones,” CEO, Mario Stifano, said.
“Also, recent drilling has identified a number of parallel lenses including the C-lens and the B-lens, with an intersect of 73.6 g/t Au and 93.4 g/t Ag over 2.2 metres of the-B lens approximately 28 metres east of the Kearney Vein.
The company has restarted underground development and blasting and remains on track to commence production in the second half of June.”
For further information please visit: https://galantas.com/
