Galantas Gold Corp

Galantas Gold Corp

  • 360 Bay St Ste 500
  • Toronto, Ontario
  • M5H 2V6

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Description

Mr. Gunter is a Licensed Professional Engineer of the Province of Ontario, Canada. He graduated in 1965 with a B.Sc (Geological Engineering) from the Michigan Technological University. He is qualified as a mining technologist from the Provincial Institute of Mining at Haileybury, Ontario and is a fellow of the Institute of Materials Minerals and Mining. Mr Gunter has been in the mining industry for over 40 years, including 8 years with Phelps Dodge Corporation and 14 years from 1975 with the RTZ Corporation, headquartered mainly out of the United Kingdom. Mr.

Plans to develop an underground mine are at an advanced stage and have been filed with the Planning SErvice, Northern Ireland. The plans include include a cut and cover adit within the backfilled Kearney open pit, with a spiral decline to the base of the Phase 1 Underground Mine and a raise bored shaft to provide emergency egress and ventilation. A third access is planned to provide emergency egress and ventilation to a linked development between Kearney and Joshua vein systems.

The exploration program had expanded considerably in 2012 with six drills operational during the first half of the year. The second half of the year saw the number of rigs progressively reduce with one rig, owned by the Company, remaining in operation by the end of 2012. The two principal objectives of the drilling program were to complete the deeper holes on Kearney in order to gain a more accurate picture of the zone of mineralization for the purpose of the underground mine plan and to extend the strike of Joshua to the north and the south, and begin to target deeper sections of the vein.

Roland Phelps, B.Sc., C.Eng, MIMMM, President & CEO, Galantas Gold Corporation is the Qualified Person (QP) for the NI.43-101 Report on the Resource Estimate of the Omagh Gold Deposit (2013). Data collection procedures and the preparation of the resource estimate has been carried out under his supervision and he has reviewed and approved the contents of this press release. The QP is not independent of the Company.

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