Galantas Gold Corporation has announced plans to conduct drilling at the Kearney North target at the Omagh Project in County Tyrone, Northern Ireland. The company aims to test for a northern extension of the main Kearney Vein and explore further dilation zones. The target area, located approximately 180 meters north of the current extent of the main Kearney Vein, coincides with a historical Pionjar anomaly of 31.5 grams per tonne gold. The program comprises three drill holes, totaling approximately 1,000 meters, to test the Kearney Vein extension at depths over 200 meters.
The Kearney Vein system, with a strike length of approximately 850 meters, remains open at depth down plunge. The program will be completed under Permitted Development following a positive meeting of the Local Council Planning Committee. The company's CEO, Mario Stifano, expressed excitement about the potential to extend the resource northwards and build on existing high-grade gold resources. The drilling aims to uncover the potential for a concealed ore shoot at greater depth in the Cavanacaw deposit area.
The company's Chief Geologist, Dr. Sarah Coulter, reviewed and approved the scientific and technical disclosures in the news release. Galantas Gold Corporation is a Canadian public company that trades on the TSX Venture Exchange and the London Stock Exchange AIM market, as well as the OTCQX Exchange. The company's strategy is to create shareholder value by operating and expanding gold production and resources at the Omagh Project in Northern Ireland, and exploring the Gairloch Project hosting the Kerry Road gold-bearing VMS deposit in Scotland.
The information contained within the announcement is deemed to constitute inside information as stipulated under the retained EU law version of the Market Abuse Regulation. The company's obligations under Article 17 of the UK MAR have been met. For further information, interested parties can contact Galantas Gold Corporation directly.