GAL Galantas Gold Corporation

Galantas Gold Corporation (the 'Company') (TSX VENTURE:GAL)(AIM:GAL), the AIM
and TSXV quoted producer/developer/explorer with a 100% interest in Ireland's
only operating gold mine, has been granted, through its wholly owned subsidiary,
Omagh Minerals Limited (OML), four exploration licenses in the Republic Of
Ireland. The licenses adjoin a license area already held by OML in Northern
Ireland. The new licenses total an area of approximately 160.7sq.kms.


Roland Phelps (President and CEO, Galantas Gold Corporation) commented, "The new
exploration licenses adjoin one of our existing licenses, OM4. Data accumulated
to date suggests a broad, multi-element, geochemical trend within OM4 which
appears to intensify towards the south-west of the license and towards the
border with the Republic of Ireland. A specific geochemical anomaly has been
identified close to the border that may extend into the Republic. Soil sampling
(44 samples) has recently been completed with very encouraging results.
Anomalous mineralised float samples (mineralised rock that has become separated
from bedrock and whose source is not determined) have been discovered that
assayed in a range from negligible up to 9.88 g/t gold. The mineralised samples
are found in close proximity to magnetic highs indicated in geophysical data,
though the data so far is insufficient to prove a causal relationship. The
exploration is at an early stage and float samples may not be characteristic of
the mineralisation on the property. The location remains confidential at the
moment. We intend to carry out additional field work this summer (alongside
other exploration on OM4) to further assess the significance of the discovery
and this work will be in addition to the intensive drilling program currently
progressing at the Omagh mine." 


This disclosure has been authorised by R.Phelps C.Eng MIOM3, (President & CEO,
Galantas Gold Corporation), the Qualified Person for the exploration program
under NI 43-101 and who is also a "Qualified Person" as defined in the Note for
Mining Oil & Gas Companies, June 2009, of the London Stock Exchange. The samples
were taken by geological contractors under his direction. Security &
verification followed standard procedures previously detailed on April 5th 2006
and the samples were analysed (gold by fire assay and other metals by ICP-ORE)
at OMAC Laboratory Ltd (an independent, ISO 17025 laboratory) of Galway,
Ireland. 


Galantas Gold Corporation Issued and Outstanding Shares total 235,650,055.

SPECIAL NOTE REGARDING FORWARD-LOOKING STATEMENTS: This press release contains
forward-looking statements within the meaning of the United States Private
Securities Litigation Reform Act of 1995 and applicable Canadian securities
laws, including future exploration assessment. Forward-looking statements are
based on estimates and assumptions made by Galantas in light of its experience
and perception of past results, some of which may have been provided by third
parties and be of reduced reliability, current conditions and expected future
developments, as well as other factors that Galantas believes are appropriate in
the circumstances. Many factors could cause Galantas' actual results, the
performance, achievements or significance to differ materially from those
expressed or implied by the forward looking statements, including: gold price
volatility; actual and estimated metal contents, geological interpretations and
exploration uncertainties, actual and estimated metallurgical recoveries; mining
operational risk; regulatory restrictions, including environmental regulatory
restrictions and liability; risks of sovereign involvement; speculative nature
of gold exploration; dilution; competition; loss of key employees; additional
funding requirements; planning and other permitting issues; and defective title
to mineral claims or property. These factors and others that could affect
Galantas's forward-looking statements are discussed in greater detail in the
section entitled "Risk Factors" in Galantas' Management Discussion & Analysis of
the financial statements of Galantas and elsewhere in documents filed from time
to time with the Canadian provincial securities regulators and other regulatory
authorities. These factors should be considered carefully, and persons reviewing
this press release should not place undue reliance on forward-looking
statements. Galantas has no intention and undertakes no obligation to update or
revise any forward-looking statements in this press release, except as required
by law.

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