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Galantas Gold still waiting for review hearing dates

Wednesday, November 23, 2016 8:41
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(Before It's News)

Galantas Gold Corp (LON:GAL, CVE:GAL) is still awaiting dates for the next court hearing of the judicial review of its planning consent for an underground mine at Omagh, County Tyrone in Northern Ireland.

The continuation of the review had been listed for the 6th- 8th of December 2016 but those dates are no longer available.

Early in 2016 a  third party had obtained leave from Belfast High Court to bring the case which challenges  the granting of planning permission for underground mining beneath an existing open pit.

Meanwhile, the firm, which holds a valid planning consent, continues to prepare activities on the site.

The loss of the third quarter to end September was C$257,214, narrowed from C$ 409,880 in the same periood last year, on sales of

The firm had cash of C$ 728,962 at September 30, compared to C$ 2.065mln at the same time last year.

The working capital deficit at the end of the third quarter was C$2.62mln compared to C$2.5mln as at the same time last year.

Galantas shares in London eased 3.08% to 7.875p in afternoon deals

Story by ProactiveInvestors

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