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Mining Capital's Alastair Ford on positive judicial review outcome for Galantas Gold

Mining Capital's Alastair Ford discusses with Proactive's Andrew Scott the positive outcome which has been achieved to a Judicial Review into the planning consent for underground development at Galantas Gold's wholly-owned Omagh Gold Mine in Northern Ireland.

The AIM-listed firm said a third party's request for quashing the planning consent decision was denied following the Judicial Review in Belfast High Court.

The consent was granted in July 2015 following an exhaustive study and examination by the Department of Environment Northern Ireland (DOENI). It permitted the underground mining of gold veins that were recently worked in upper levels within an open pit.

Ford also touches on the fascinating story which is Neo Lithium Corp.

Their project is in the Catamarca Province of Argentina and are eying production by 2021.

Quick facts: Galantas Gold Corp

Price: 17.75 GBX

Market: AIM
Market Cap: £5.74 m

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Galantas Gold hits main Kearney vein at Omagh gold mine

Roland Phelps, chief executive of Galantas Gold Corporation (LON:GAL), spoke to Proactive Investors following the announcement they've now reached the main gold vein in development works underground at their Omagh gold mine in Northern Ireland. The main tunnel that Galantas has dug...

on 27/6/18

2 min read