HIER geht was - GAL- investor KENGLO schnappt bei cad 0,05 kräftig zu !!!

[michel74]

Yes! Schon länger....

[Reiners]

hier auch jemand dabei?

[CommunitySupport [wO]]

Diese Diskussion wurde reaktiviert.

[allida]

PRESS RELEASES 7/5/2011 10:00:00 AM | CCNMatthews
Galantas Reports Record Second Quarter 2011 and Funds Drilling Out of Cash-Flow
July 5, 2011 - 10:00:00 AM TORORNTO, ONTARIO--(Marketwire - July 5, 2011) - Galantas Gold Corporation (the 'Company')(TSX VENTURE:GAL)(AIM:GAL) has received a trading update for the second quarter, ending June 30th 2011, from its wholly owned subsidiary, Omagh Minerals Ltd (OML), which operates the only gold mine in Ireland.

The month of June has seen some important production records exceeded since mining production began, as the recent processing plant upgrades show their potential. The highest daily concentrate production (23 wet tonnes), highest weekly concentrate production (111.5 wet tonnes) and highest monthly concentrate production (337.264 wet tonnes) all contributed to a record second quarter (805 wet tonnes). For the first time, one month's production at the Omagh Mine (at 1,204 ounces gold equivalent for June) has exceeded the milestone of 1,000 troy ounces of gold equivalent.



Highlights of comparative production figures are summarized below:
----------------------------------------------------------------------------
Three Months Three Months Six Months Six Months
to June 30 to June 30 to June 30 to June 30
2011 2010 2011 2010
----------------------------------------------------------------------------
Tonnes Milled 15,883 10,602 22,832 17,582
----------------------------------------------------------------------------
Average Grade
(g/t gold) 5.39 3.19 4.97 5.90
----------------------------------------------------------------------------
Tonnes per hour 9.18 8.13 8.77 7.35
----------------------------------------------------------------------------
Concentrate Dry
Tonnes 754 325 1,036.5 919.20
----------------------------------------------------------------------------
Concentrate Gold
Grade (g/t) 103.1 128.9 102.6 116.3
----------------------------------------------------------------------------
Gold Produced kg
(troy ozs) 77.7 (2,500) 41.88 (1,347) 106 (3,410) 107.1 (3,443)
----------------------------------------------------------------------------
Concentrate
Silver Grade
(g/t) 232.2 335.4 241.1 343.3
----------------------------------------------------------------------------
Silver Produced
kg (troy ozs) 173.8 (5,586) 109.00 (3,505) 249.9 (8,034) 315.6 (10,147)
----------------------------------------------------------------------------
Lead Produced
(tonnes) 120.6 45.47 170.7 139.7
----------------------------------------------------------------------------
Gold Equivalent
(troy ozs) 2,829 1,471 3,892 3,857
----------------------------------------------------------------------------



The value of sales for the quarter is expected to be more than $3,400,000 US dollars. The production, metal and sales figures are provisional and subject to averaging or umpiring provisions under the concentrate off-take contract with Xstrata Corporation, detailed in a press release dated 3rd October 2007. Detailed unaudited financial results for the quarter are expected in the usual timeframe, at the end of August 2011.

Roland Phelps, President and CEO, Galantas Gold Corporation said, "The turn-around is due to the commitment and dedication of the production and engineering team. Under the guidance of Richard Crew, General Manager, they have delivered an excellent result for the quarter."

Omagh Minerals Ltd (OML), is actively engaged in setting up a local Residents Advisory Committee. Comprised of local residents, a minority of whom work for OML, OML hopes to gain useful insight into upcoming planning applications and it is anticipated that the committee will enable OML to structure applications and activities in a constructive way to minimize impact on neighbours.

OML welcomes the positive suggestion it has received from connected parties as to a possible way through the current deferment of a planning application. OML intends to submit a planning application relating to the establishment of a number of extra passing places on the route to be taken by trucks to be used to carry surplus rock from the mine. OML will be consulting on the location of the additional passing places with the Residents Advisory Committee, Roads Service and others.

The Company is engaged in an active exploration program. A second contractor's drill rig is operating. A new drilling rig (owned by OML) is being commissioned. The initial program of 2000 metres of exploration drilling has been expanded over seven fold to approximately 15,000 metres of drilling, utilizing four rigs. The increased funding cost of the program has been allocated and the cash funds reserved. The drilling fund has not yet been drawn down due to the drilling costs being met from recently improving operating cash flow. Assay results are expected to be regularly announced from September 2011.

The Annual General Meeting of Galantas Gold Corporation was held in Toronto on 21st June 2011 and all resolutions were passed.

The financial component of this disclosure has been reviewed by Leo O' Shaughnessy (Chief Financial Officer) and the production components by Richard Crew (General Manager), qualified persons under the meaning of N.I 43-101. The information is based upon local production and financial data prepared under their supervision.

[BeerisGood]

Die Mine soll bis Anfang 2011 ein Upgrade erfahren.
Jahresproduktion dann 18.000-20.000 Unzen.
Aktuelle Bewertung bei ca. 7Mio GBP.

[hbg55]

Antwort auf Beitrag Nr.: 40.352.884 von hbg55 am 19.10.10 20:46:17

...wie spannend es hier noch werden kann wird beim blick auf nachfolg.
5- jahres- chart deutlich........





gerade unter dem aspekt, daß wir vor 5 jahres doch noch abisl niedriger
beim gold- preis lagen




akt.....usd 1331,10 oz

[hbg55]

Antwort auf Beitrag Nr.: 40.350.286 von hbg55 am 19.10.10 15:57:32

...die börse findet mehr und mehr gefallen an den infos......sehen
seit laaaanger zeit mal wieder vol. oberhalb der mio- marke.........


Recent Trades - Last 10 of 30
Time ET Ex Price Change Volume Buyer Seller Markers


14:25:20 V 0.06 0.015 500 7 TD Sec 36 Latimer E
14:25:20 V 0.06 0.015 2,000 7 TD Sec 7 TD Sec K
14:24:29 V 0.06 0.015 20,000 7 TD Sec 2 RBC K
14:24:29 V 0.06 0.015 90,000 7 TD Sec 1 Anonymous K
12:21:16 V 0.055 0.01 24,000 7 TD Sec 7 TD Sec K
11:50:52 V 0.06 0.015 10,000 85 Scotia 1 Anonymous K
10:58:20 V 0.06 0.015 49,000 59 PI 85 Scotia K
10:58:20 V 0.06 0.015 50,000 9 BMO Nesbitt 85 Scotia K
10:31:53 V 0.06 0.015 50,000 9 BMO Nesbitt 2 RBC K
10:29:12 V 0.06 0.015 51,000 59 PI 7 TD Sec K

[hbg55]

RT....cad 0,06

[hbg55]

Galantas Reports Results of Mining of Kerr Vein

TORONTO, ONTARIO, Oct. 19, 2010 (Marketwire) -- Galantas Gold Corporation (TSX VENTURE:GAL)(AIM:GAL) has received the results of the first mining of the Kerr Veins from its wholly owned subsidiary, Omagh Minerals Ltd (OML). OML owns and operates Ireland's only gold mine near Omagh, County Tyrone.

Results of initial surface sampling and mining/metallurgical tests have been received for the Kerr Veins. These veins are now being stripped and mined. Three parallel veins striking N-S have been exposed over a strike length of 150 metres, and are, open both north and south along strike and to depth. The steeply dipping veins occur over a width of 40 metres and vary in thickness between 10 and 25 cm. The veins contain quartz and sulphide mineralisation typical of gold ore in the adjacent Kearney Deposit located 250 metres to the east. Provisional interpretation is that the Kerr Veins, which are permitted for open pit mining, form the southern extension of the Joshua Veins, located between 100 and 200 metres to the west of Kerr, and known to occur over a strike length of at least 600 metres.

Four 2-kg grab samples of undiluted vein material taken over a thickness of approximately 20 centimetres and an 8-metre strike length of the westernmost Kerr vein returned the following results:



Sample number Gold (g/t) Silver (g/t) Lead (%) Remarks

OM-KR-10/08-3-A 66.16 54.0 0.66 sulphide
OM-KR-10/08-3-B 59.59 49.0 3.00 "
OM-KR-10/08-3-D 5.35 less than 5 0.06 vein quartz
OM-KR-10/08-3-E 5.20 13.0 0.03 clay gouge



A 133-tonne bulk sample was mined from two of the Kerr veins and the material was processed in the Company's plant on the site. Feed grades of the ore presented to the plant were: 6.13 g/t Gold, 12.53 g/t Silver and 0.44% Lead. Gold recovery was approximately 79%. As a result of the trial, certain operating changes have been identified which are expected to improve recovery with this material which was partially oxidized.

From the 133-tonne bulk sample processed, 4.06 tonnes of dry concentrate were recovered. Analyses of the concentrate, obtained in the Company's on-site laboratory, showed that it contained 158.35 g/t gold, 267 g/t silver and 8.53% lead. Method used was Fire Assay / AA Finish. Laboratory results are routinely checked with umpire results with a high degree of success and verification samples were also checked by OMAC Laboratories Ltd of Loughrea, Co. Galway, Republic of Ireland (OMAC). OMAC carries accreditation under ISI17025 by the Irish National Accreditation Board. The concentrate grades reported are provisional and subject to averaging or umpiring provisions under the concentrate off-take agreement with Xstrata Corporation as detailed in a press release dated 3rd October, 2007.

In parallel with the mining of the bulk sample, five 20 kg grade control samples from the mineralised material were taken with an excavator so as to approximate run-of-mine diluted grade. The samples contained an average of 5.90 g/t gold, (Gold content of the 5 samples in g/t was 2.68, 3.65, 4.62, 15.53, 3.01). Analysis was by OMAC. The samples were analysed by Fire Assay with an AA finish.

Production ore from Kerr is now being produced and blended with ore from the Kearney open pit.

The sampling and in-house testing programme was carried out under the supervision of Richard Crew (General Manager), a qualified person under the meaning of N.I 43-101, who is responsible for the technical information in this disclosure.

SPECIAL NOTE REGARDING FORWARD-LOOKING STATEMENTS: This press release contains forward-looking statements within the meaning of the United States Private Securities Litigation Reform Act of 1995 and applicable Canadian securities laws, including ore grade and width, concentrate content, and recovery for the Omagh Gold project. Forward-looking statements are based on estimates and assumptions made by Galantas in light of its experience and perception of historical trends, current conditions and expected future developments, as well as other factors that Galantas believes are appropriate in the circumstances. Many factors could cause Galantas' actual results, the performance or achievements to differ materially from those expressed or implied by the forward looking statements or strategy, including: gold price volatility; discrepancies between actual and estimated production, actual and estimated metallurgical recoveries; mining operational risk; regulatory restrictions, including environmental regulatory restrictions and liability; risks of sovereign involvement; speculative nature of gold exploration; dilution; competition; loss of key employees; additional funding requirements; planning and other permitting issues; and defective title to mineral claims or property. These factors and others that could affect Galantas's forward-looking statements are discussed in greater detail in the section entitled "Risk Factors" in Galantas' Management Discussion & Analysis of the financial statements of Galantas and elsewhere in documents filed from time to time with the Canadian provincial securities regulators and other regulatory authorities. These factors should be considered carefully, and persons reviewing this press release should not place undue reliance on forward-looking statements. Galantas has no intention and undertakes no obligation to update or revise any forward-looking statements in this press release, except as required by law.

Galantas Gold Corporation Issued and Outstanding Shares total 235,650,055.

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.

Galantas Gold Corporation Chairman [phone] Galantas Gold Corporation President & CEO [phone] [e-mail] www.galantas.com Religare Capital Markets [phone] Beaufort International Associates Ltd [phone]

[hbg55]

.....SIE kommt immer besser ins laufen.........

Recent Trades - Last 10 of 13
Time ET Ex Price Change Volume Buyer Seller Markers

13:46:13 V 0.04 0.005 5,000 1 Anonymous 85 Scotia K
12:05:19 V 0.04 0.005 30,000 1 Anonymous 7 TD Sec K
12:01:21 V 0.04 0.005 50,000 1 Anonymous 1 Anonymous K
12:01:04 V 0.04 0.005 100,000 1 Anonymous 59 PI K
11:43:25 V 0.04 0.005 100,000 1 Anonymous 1 Anonymous K
11:37:54 V 0.04 0.005 62,000 1 Anonymous 1 Anonymous K
11:32:54 V 0.04 0.005 25,000 7 TD Sec 19 Desjardins K
11:32:36 V 0.04 0.005 5,000 7 TD Sec 1 Anonymous K
11:32:36 V 0.04 0.005 30,000 7 TD Sec 7 TD Sec K
11:32:36 V 0.04 0.005 59,000 7 TD Sec 7 TD Sec K





RT....cad 0,04