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Announces New General Manager at Omagh

Friday 18th June 2010

18 June 2010: Omagh Minerals Ltd, a wholly owned subsidiary of Galantas Gold Corporation (TSX Venture -GAL) (AIM - GAL), has appointed Richard Crew (46) as General Manager at its open pit gold-mine near Omagh, County Tyrone Northern Ireland. A qualified Mine Manager and gold open pit specialist, Richard has worked in South America, Southern and West Africa, Spain, Turkey and the UK.

Richard Crew replaces Nicholas Hardie, who continues to work with the company in a part-time specialist role. Galantas President, Roland Phelps said, "Nick has made a substantial contribution to the growth of the Omagh business and our recent success is due in no small part to him. He has chosen to return to England for family reasons. I am delighted that he will continue to offer his advice and expertise as the company moves forward."

Galantas also confirms, in accordance with Rule 20 of the AIM Rules for Companies, that the Company's Annual Report and Accounts for the year ending 31 December 2009 have been posted to shareholders.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

This press release, required by applicable Canadian securities law, is not for distribution to U.S. news services or for dissemination in the United States, and does not constitute an offer of the securities described herein. These securities have not been registered under the United States Securities Act of 1933, as amended, or any state securities laws, and may not be offered or sold in the United States or to U.S. persons unless registered or exempt therefrom.

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".

Share Price

TSX-V (CDN $): 0.08

AIM (£ p): 5.25

Gold Price (oz)

USD : 1,277.80

GBP : 969.08

The figures presented here are for informational purposes of current trends only and should not be considered an exact count

This page and other parts of the website contain statements relating to the intentions of the management to develop mine production and jewellery production. Such statements are forward looking and readers are cautioned that these statements are subject to risk and uncertainties as further detailed in quarterly Management Discussion and Analysis published on www.sedar.com

Approved for website uploading : R.Phelps