| GALANTAS GOLD CORPORATION : http://www.galantas.com/ : News Releases |
Tue 4th December 2007 |
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Galantas Gold Corporation (the Company) reports that it has received Exploration Licenses from the Crown Estate, for gold and silver, over an additional 464.1 sq.kms of land in Northern Ireland. The new licences are contiguous with the Company’s existing 189 sq.kms license and extend that license to the west There is Crown prerogative over gold and silver in Northern Ireland and most of the United Kingdom. The rights lie with the Crown Estate and therefore to explore (or mine) for those metals a license (or lease) is required. A regional exploration program, called Tellus, funded by the Department of Enterprise, Trade and Investment and managed by the Geological Survey of Northern Ireland, has produced data related to the new license areas. The data is available but is yet to be fully evaluated by the Company. Galantas Gold Corporation Issued and Outstanding Shares total 175,675,855. The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of the contents of this news release. This press release includes certain “Forward-Looking Statements” within the meaning of the US Private Securities Reform Act of 1995. Other than statements of historical fact, all statements such as those referring (but not limited) to production activity or related timetables and estimates or geological interpretations are “Forward-Looking Statements” that involve such various known and unknown risks, uncertainties and other factors. There can be no assurance that such statements will prove accurate. Results and future events could differ materially from those anticipated in such statements. Readers of this press release are cautioned not to place undue reliance on these “Forward-Looking Statements”. Enquiries Galantas Gold Corporation Blomfield Corporate Finance Ltd Lewis Charles Securities Limited.
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