Galantas’ Omagh Processing Plant Begins Part-time Operations

The processing plant at Galantas Gold’s (TSXV:GAL,LSE:GAL) Northern Ireland-based Omagh gold mine has begun operating using feed from the underground development of the Kearney vein.

The processing plant recently had upgrades made to certain sections and is expected to operate part time until production stoping starts late in 2018 or next year.

“This is another important milestone successfully and safely achieved and I look forward to our expected ramp up in development production,” stated Roland Phelps, president and CEO of Galantas.

Galantas says the plant operates a froth flotation system for the production of a gold-silver concentrate. This process removes sulfide minerals and gold, and concentrates them into a product suitable for smelter treatment. The concentrate is then exported through a Belfast port to a smelter. The process operates without the use of cyanide reagents.

In June, the company announced that underground development at Omagh had reached the Kearney vein. According to Galantas, the vein intersection is located approximately 15 meters below the base of the Kearny open pit. A horizontal development tunnel is planned to be driven on vein at this level and in both directions beneath a safety pillar.

When discussing the progress made, Phelps stated, “I am delighted that we have reached this important milestone. The team has overcome many obstacles to achieve this outcome and the success is due to their professionalism, enthusiasm and focused hard work.”

Galantas produced previously at Omagh via an open-pit operation, and began the current expansion last year after operations concluded. The expansion has been in the works since 2014, and the company has said it will produce an estimated 8,000 ounces of gold next year.

As of 3:17 p.m. EST on Wednesday, Galantas was trading at C$0.095 on the TSXV.

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Securities Disclosure: I, Nicole Rashotte, hold no direct investment interest in any company mentioned in this article.