By Jaime Llinares TaboadaShares in Galantas Gold Corp. rose Wednesday after the company said the second drilling hole at its Omagh gold project in Northern Ireland returned two parallel intersections. The mining company said the first vein was intersected at 134 meters, returning 26.7 grams of gold a metric ton over 2.9 meters. The second intersection started at a depth of 152 meters, grading 5.8 grams a ton over 1.8 meters. "The additional high-grade intercept in a parallel vein with continuity demonstrates the potential to discover additional high-grade mineralization at Omagh and expand the gold resources as the company advances its plans to commence mining early in the new year," Chief Executive Mario Stifano said. Write to Jaime Llinares Taboada at jaime.llinares@wsj.com; @JaimeLlinaresT

Source: Wall Street Journal November 24, 2021 11:14 UTC