Galantas Gold Receives Key Approval for Andacollo Project

Galantas Gold Corporation has secured the final key permitting approval from Chile's Servicio Nacional de Geología y Minería (SERNAGEOMIN) for the operational reactivation of the Ripios Dumps at the Andacollo Gold Project in Coquimbo, Chile. This approval ensures that operations can continue under existing technical and safety conditions, with a significant capacity of 16.4 million tonnes still available.

This marks a pivotal step for Galantas as it now holds all necessary regulatory approvals to resume operations with the project's pre-approved mine design, waste-disposal, and safety protocols. The operational permit extends for four years or until the remaining capacity is reached.

Galantas continues to advance necessary preparations, focusing on local employment and collaboration with community stakeholders to support a responsible project restart. However, a production decision is yet to be made, requiring further reviews and financing before proceeding.