Galantas Gold Corporation GALANTAS PROVIDES DEVELOPMENT UPDATE (3784C)
13 April 2017 - 4:00PM
UK Regulatory
TIDMGAL
RNS Number : 3784C
Galantas Gold Corporation
13 April 2017
GALANTAS GOLD CORPORATION
TSXV - AIM "GAL"
GALANTAS PROVIDES DEVELOPMENT UPDATE
13th April 2017 Galantas Gold Corporation ("Galantas", the
"Company" or its subsidiary) is pleased to report that construction
of the portal works for development of its underground gold mine
are complete.
The portal works involved drilling and blasting of the initial
opening, the installation of grouted cable bolts and meshing and
bolting of the adjacent rock faces.
The Company has also been in discussions with Police Service
Northern Ireland regarding further blasting arrangements for the
underground mine development. Until those arrangements are in
place, the tunnel development is temporarily on hold. The delay is
not expected to exceed one month and the Company will advise if the
delay is significantly prolonged.
Neither TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
This announcement contains inside information for the purposes
of Article 7 of Regulation (EU) No 596/2014.
Enquiries : Galantas Gold Corporation
L. Jack Gunter P.Eng - Chairman, Roland Phelps C.Eng - President
& CEO
Email: info@galantas.com Telephone: (UK) +44 (0) 2882 241100
Website: www.galantas.com
Grant Thornton UK LLP (Nomad)
Philip Secrett, Richard Tonthat, Harrison Clarke: Telephone:
+44(0)20 7383 5100
Whitman Howard Ltd (Broker & Corporate Adviser)
Nick Lovering, Grant Barker: Telephone: +44(0)20 7659 1234
This information is provided by RNS
The company news service from the London Stock Exchange
END
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