Galantas announces departure of Chief Operating Officer

GALANTAS GOLD CORPORATION

TSXV & AIM : Symbol GAL

7th December 2012 : Galantas Gold Corporation announces the departure of Richard Crew, Chief Operating Officer, from the Corporation. Richard is leaving to pursue other business interests and the Corporation thanks him for his contribution to the team.

Galantas is 100% owner, via subsidiary Omagh Minerals Ltd, of Ireland’s only operating gold mine. The current open pit operation is drawing to a close and permitting is being sought to continue mining underground. The permitting process is proceeding and the Corporation is pleased to note a recent letter of support from Omagh District Council to the Minister of Environment, in whose remit determination of the application resides.

Galantas Gold Corporation Issued and Outstanding Shares total 256,210,395.

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.

Enquiries

Galantas Gold Corporation
Jack Gunter P.Eng – Chairman
Roland Phelps C.Eng – President & CEO
Email: moc.satnalag@ofni
Website: www.galantas.com
Telephone: +44 (0) 2882 241100

Investor Relations Consultant
Courtenay Heading (Maclir Consulting Ltd)
Email : moc.satnalaG@gnidaeh.c
Telephone : Cell :(UK) +44 (0) 7624 424 455

Landline : (UK) 01624 833 585

Charles Stanley Securities (Nominated Adviser)

Mark Taylor

Telephone +44 (0)20 7149 6000