Sign up USA
Proactive Investors - Run By Investors For Investors

Galantas Gold clarifies planning status for Kestrel discovery

Kestrel is located s within land covered by existing planning consent, though additional planning permission may be required.
Galantas Gold clarifies planning status for Kestrel discovery
The discovery was made last month.

Galantas Gold (LON:GAL, CVE:GAL) has updated investors on planning issues concerning the Kestrel gold discovery, close to its underground mine in Omagh, Northern Ireland.

A month ago the company announced the discovery of the Kestrel vein, which is within land covered by its planning consent and, at that time, it noted that mining was permitted on this part of the mine.

Today, in a statement, it clarified: “The company has now been advised that although the freehold land overlying the Kestrel vein is owned by the company and was covered in its planning permission, mining of the new vein may not be included.”

“Were commerciality of the vein to be determined, the vein would be worked by underground means, from the neighbouring Joshua vein and for the avoidance of doubt, planning permission would be secured prior.”

Galantas also said that the land surface at the project would be unaffected and no environment impact would be expected.

Jamie_55a91591db06b.jpg
Why Invest In Galantas Gold Corp? Read More Here

Register here to be notified of future GAL Company articles
View full GAL profile

Galantas Gold Corp Timeline

Newswire
May 11 2016
Article
February 05 2016
Newswire
January 25 2016

Related Articles

Gold---usable.jpg
April 07 2016
Caledonia Mining is now well into an expansion plan that could boost gold production significantly
Anglo Asian Mining cheering market as it travels road to profitability
July 15 2016
Shares are up around 245% since the end of January to stand at 18.125p as it advances the flagship Gedabek operation.
gold_nuggets,_sized_564ef784e9b62.png
November 20 2015
Mining the surface ore at Danglay would be a relatively simple undertaking as the mine would have a low strip ratio and benign metallurgy.
Copyright © Proactiveinvestors.com, 2016. All Rights Reserved - Proactive Investors North America Inc., Proactive Investors LLC