Thu February 15th 2007

GALANTAS SHIPS FIRST CONCENTRATE FROM OMAGH GOLD MINE

Galantas Gold Corporation, which has a 100% interest in Ireland’s only gold mine, today announced shipment of the first container, containing approximately 14.5 tonnes of  flotation concentrate, from the Omagh Mine, County Tyrone to Falconbridge Ltd (a subsidiary of Xstrata plc) in Canada.

Issued and Outstanding Shares total 162,251,855. 

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of the contents of this news release.

Enquiries
Galantas Gold Corporation                Telephone:  +44 (0) 2882 241100
Jack Gunter P.Eng – Executive Chairman
Roland Phelps C.Eng – President & CEO
Moe Lavigne P.Geo – Vice President
Email: info@galantas.com
Website: www.galantas.com

ARM Corporate Finance Limited     Telephone:  +44 (0) 20 7512 0191         
Nick Harriss 

Lewis Charles Securities Limited.              Telephone:  +44 (0) 20 7065 1150
David Scott 

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