Underground mine development at Omagh to commence shortly, says Galantas
The Police Service of Northern Ireland (PSNI) has agreed to supervise transportation and the use of certain rock-breaking materials and explosives in relation to the development of Galantas Gold Corp’s (LON:GAL) Omagh mine for three days a week, two hours per day.
This will be enough to allow underground development at Omagh to get underway, although Galantas does caution that more PSNI man-hours will be required for a longer-term and more sustainable development programme.
The current proposed arrangement will form the basis for the PSNI and the Company to review matters after a period of operation.
“I am pleased that the PSNI has agreed to a short term accommodation,” said Galantas chief executive Roland Phelps.
“I hope this will allow the parties to find efficient ways to satisfy PSNI’s requirements and resourcing issues in regard to anti-terrorism security.”
The underground mine, when fully developed, is expected to create 130 jobs plus others in service industries associated with the development.
Story by ProactiveInvestors
Source: http://www.proactiveinvestors.com/companies/news/177775/underground-mine-development-at-omagh-to-commence-shortly-says-galantas-177775.html
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