
Galantas Gold Corporation is a Canadian public company that trades on the TSX-Venture Exchange and the London Stock Exchange AIM market, both under the symbol GAL. The Company's mission is to create shareholder value by bringing Ireland's first gold mine into production and add value to the production by utilizing the rare Irish gold to fashion an exclusive line of high quality 18-carat gold jewellery.
The Company
Galantas Gold Corporation's assets include a 100 percent interest in the Irish subsidiary Omagh Minerals Limited, which has sole rights to a 653 square-kilometre prospecting license and associated mining leases in County Tyrone, Ireland. The Company also owns 100 percent interest of Galantas Irish Gold Ltd., a jewellery design, manufacturing and marketing business that will utilize part of the gold produced from the Omagh Mine.
The management of Galantas Gold Corporation is comprised of seasoned mineral exploration, mining, jewelry and marketing professionals---all sharing a vision of bringing Ireland's first gold mine into production and adding value by creating an exclusive line of certified, 18-carat Irish Gold jewellery.
The Company's strategic plan employs a dual approach that begins with bringing the fully permitted Omagh mining operation into production. A processing plant has been built and is operational and the mine is producing ore from the Kearney open pit.
Part of the gold recovered from the mine is designed into certified, 18-carat Irish Gold jewellery and marketed directly to retail channels under the Galantas brand. The remainder of the gold, with associated silver and lead minerals is sold via a flotation concentrate off-take agreement signed with Falconbridge Ltd of Canada, now part of Xstrata Corporation.
Galantas Gold Corporation is well positioned to take advantage of the gold market through its dual business strategy. This is intended to provide investors with leverage to both the gold prices and the added profits gained through retailing certified Irish Gold jewellery.
The Company has 190,100,055 Common Shares of no par value in issue.
This page and other parts of the website contain statements relating to the intentions of management to develop mine production and jewellery production. Such statements are forward looking and readers should note that these statements are subject to risks and uncertainties as further detailed in quarterly Management Discussion and Analysis published on www.sedar.com .
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