Galantas Gold Secures 20,000 TPD Crushing Plant for Andacollo Project

Galantas Gold Corporation has announced a binding agreement to acquire a three-stage crushing plant from Mexico for its Andacollo Gold Project in Chile. The acquisition is valued at $4.2 million. This marks a major milestone in the project's restart strategy. The plant, with a capacity of 20,000 tonnes per day, is reported to be in good operating condition. The completion of this acquisition is contingent upon regulatory and corporate approvals.

Engineering firm M3 Engineering & Technology Corporation has been appointed to oversee the relocation, disassembly, logistics, and reassembly of the plant in Chile. Galantas anticipates gold production to begin in Q1 2027. The firm emphasizes the reduced project execution risk and capital savings due to acquiring the plant rather than constructing a new one.

The technical team is currently focused on detailed engineering, infrastructure upgrades, procurement, and operational readiness planning. Recruitment for the Chilean operating team is also underway along with environmental and permitting activities.