Galantas Gold Corporation GALANTAS RECEIVES NOTICE OF APPEAL (5651V)
04 November 2017 - 2:45AM
UK Regulatory
TIDMGAL
RNS Number : 5651V
Galantas Gold Corporation
03 November 2017
GALANTAS GOLD CORPORATION
TSXV & AIM : Symbol GAL
GALANTAS RECEIVES NOTICE OF APPEAL AGAINST POSITIVE PLANNING
COURT JUDGEMENT.
3(rd) November 2017 : Galantas Gold Corporation (Galantas or the
Company) has received notice of an application, by a third party,
to the Court of Appeal, in relation to the positive judicial review
judgment, given by Madam Justice McBride, regarding the grant of
planning permission at the Omagh gold mine in July 2015.
In a detailed and comprehensive judgement, delivered on 29(th)
September 2017, Madam Justice Mc Bride confirmed the planning
consent granted by Department of Environment, Northern Ireland (now
Department for Infrastructure), for underground development.
Underground mine development continues at the mine, with a total
of approximately 119 metres of development in place. This includes
development on a stringer gold vein, intersected during development
of the main access tunnel. As reported on 19(th) October 2017,
mineralised material is being stockpiled for batch processing.
The Omagh Gold Mine has an operational processing plant and
tailings facility with an excellent environmental record. The plant
uses a non-toxic, froth flotation process, (without the use of
cyanide or mercury) and produces a gold concentrate which is
exported for smelting. The remaining tailing sands are clean and
free from acid drainage. The plant is on stand-by awaiting ore from
underground development. The underground mine, when fully
developed, is expected to create approximately 130 jobs plus others
in associated service industries.
Safety and environmental matters remains high priority for
Galantas. The Company is pleased to continue to report zero lost
time accidents since the start of underground operations and
routine water monitoring continues to be compliant.
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.
The information contained within this announcement is considered
to be inside information as defined in Article 7 of the Market
Abuse Regulation No. 596/2014 prior to its release.
Enquiries
Galantas Gold Corporation
Jack Gunter P.Eng - Chairman
Roland Phelps C.Eng - President & CEO
Email: info@galantas.com
Website: www.galantas.com
Telephone: +44 (0) 2882 241100
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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