07:24 AM EDT, 06/18/2024 (MT Newswires) -- Galantas Gold ( GALKF ) completed its trial stoping program at the Cavanacaw Gold Mine at the Omagh Project in Northern Ireland.

Six stopes were mined and backfilled and the minimum stope width was 2.2 metres planned with a stope length of 10 to 15 metres. Relatively low-grade areas of the mine were selected for the trial to assess the suitability of the mining method and also to serve as a training project for the locally trained mining operators, the company said.

A total of 3,175 tonnes of mineralized material was mined from the six stopes, and grades returned an average percentage increase of 113% from that modelled in the 2014 technical report. The method can now be applied to over 240 stopes which are planned for the Kearney and Joshua zones, with grades in the range of 2.0 grams per tonne (g/t) gold to 17 g/t.

Galantas added that provisional revenue from concentrate sales were US$1.1 million in 2023 and US$207,000 in the first quarter. Concentrate sales proceeds are being offset against development assets, until the mine starts commercial production.

Galantas Gold ( GALKF ) is up 4.4% in U.K. trade.