Galantas Gold Corp had lost around 2% on the bourses, post the company reported 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

However, company has been in discussion with Police Service Northern Ireland regarding further blasting arrangements for the underground mine development. The tunnel development would be on hold, until these arrangements are in place. The delay should not be for more then one month and the company would notify or advice if the delay is expected to last longer.

 


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