Galantas Gold Corporation

Financials:

Primary ticker: TSX-V:GAL, AIM:GAL, OTCQX:GALKF
Stage of development: Exploration, Development, Production
Primary minerals: Gold
Project to promote: Omagh Gold Project
Project location: Northern Ireland
Website: galantas.com
Corporate video: Click here

Galantas Gold Corporation is a Canadian public company that trades on the TSX-Venture Exchange and the London Stock Exchange AIM market, both under the symbol GAL. It also trades on the OTCQX Exchange under the symbol GALKF. The Company’s strategy is to create shareholder value by operating and expanding Northern Ireland’s first gold mine.


Cash:
 CAD$3.9M
Debt: Nil

Major shareholders:
Melquart Limited – 29.5%
Eric Sprott – 10.7%
Roland Phelps (previous CEO) – 6.3%
Premier Miton Investors – 5.9%
Mike Gentile – 6.8%

Management Profile

Mario Stifano – CEO
Mario Stifano is a seasoned mining executive and Chartered Professional Accountant with over 16 years of experience working with exploration, development and producing mining companies. He is currently the Executive Chairman of Doré Copper Mining Corp. He has held a number of senior executive positions including Chief Executive Officer of Cordoba Minerals Corp., Executive Chairman with Mega Precious Metals Inc., Vice President and Chief Financial Officer with Lake Shore Gold Corp Inc., and Vice President and Chief Financial Officer of Ivernia Inc. Mr. Stifano has been instrumental in raising over $700 million to explore and fund mining projects, including raising over $500 million at Lake Shore Gold Corp Inc., to develop three gold mines which are currently producing over 180,000 ounces of gold annually, and are now part of the Canadian assets within Pan American Silver.

What is your rationale for taking part 121 Mining Investment?

To seek market support and provide investors with the latest progress update on mine production and exploration activities.

What recent news would you like to highlight to investors attending?

March 21, 2022 – Galantas Gold Drills 31.7 G/T Gold Over 7 Metres At The Omagh Project

What are your key goals for the next 3, 6 and 12 months?

3 Months:
Commence commercial gold production

6 Months :
Technical and engineering studies to expand and upgrade the processing plant to support a Phase 2 expansion, continue ongoing exploration program to expand the resource

What do you see as the key risks and challenges facing your company at the moment and how are you overcoming these?

Impact of Covid-19 on operations mitigated by strong health and safety practices at site.

What do you think makes your company such a compelling investment?

Ireland’s gold mine ready for resource and production expansion.

What are the top 3 key investor takeaways?

Fully permitted mine and infrastructure in place to commence production. Multiple high-grade gold veins with significant exploration potential for resource upgrade and discovery over a 549km2 land package. Tight share structure with large shareholders including Eric Sprott, Mike Gentile and Ross Beaty.