Galantas Gold Corporation announces that its programme to expand reserves and resources on its Omagh gold property is underway. Overburden stripping has been completed on a 25 metre long southern extension of the 850 metre long Kearney vein. Assays from three channels samples taken for ore characterization purposes confirmed the continuation of the gold bearing structure.

Results of the characterization samples were as follows :

Following these positive results, detailed channel samples at 1 metre intervals are being cut to provide engineering quality data, enabling ore in the extension to be incorporated into the mining plan. This ore will be additional to that reported in ACA Howe’s 43-101 compliant ore reserve statement of 2004.

To start its outlying discovery programme, the Company has secured land access agreements to test high priority targets.  The first is a 23 gram per tonne gold soil anomaly coincident with a +100 metre long VTEM conductor, located 1.5 kms from the Omagh Mine. The VTEM conductor was detected in the Company’s 2005 aerial survey and may represent a sulphide rich segment of a quartz-sulphide vein system. There is an established correlation of gold with sulphides in the area.  The soil anomaly was discovered by Rio Tinto. An early trenching programme is scheduled.

The Qualified Person responsible for exploration is Maurice Lavigne, P.Geo, who supervised the program, including transport and security. Assays were and are being done by OMAC Laboratories of Galway, Ireland.

The corporate aim is to increase the resource base on the property through exploration and mine development, to expand mine production in stages, and to add value to the Company’s production by marketing and selling certified Galántas ™ Irish gold jewellery.

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 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”.

Galantas Gold Corporation

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
Telephone:  +44 (0) 2882 241100

Bishopsgate Communications Ltd. 
Dominic Barretto
Nick Rome
Website: www.bishopsgatecommunications.com
Telephone: +44 (0) 207 430 1600

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