Galantas Gold Corporation announced that it has agreed in principle to a proposal from G&F Phelps Ltd. to develop a solar power facility at the Cavanacaw Gold Mine at the Omagh Project in County Tyrone, Northern Ireland. The two-megawatt facility, with battery storage, is expected to significantly boost power generation on site and provide lower cost power than existing diesel generation, at a significantly lower carbon footprint. The proposal anticipates G&F Phelps renting rehabilitated land comprised of former tailings cells and a filled southern section of the former open pit.

G&F Phelps is expected to provide the majority of capital required for the project, recouping the cost from the power generated. The proposal is subject to a detailed cost study, impact assessment and planning permission from regulatory authorities. Surplus power from the solar facility is expected to be exported to the local grid.