Galahad Metals Inc.
TSX VENTURE : GAX

Galahad Metals Inc.

June 17, 2009 15:43 ET

Galahad Metals Acquires Additional Claim Blocks for the Kellyn Project

OTTAWA, ONTARIO--(Marketwire - June 17, 2009) - Galahad Metals Inc (TSX VENTURE:GAX) announces that it has staked and has optioned 2 additional claim blocks for its high-grade gold prospect, the Kellyn Project, near Terrace Bay, North Ontario.

Claim blocks # 4210908 & # 4210909, completing the Kellyn Project, cover 2 important regional magnetic anomolies and infills the land package between Galahad Metals and Alto Ventures. These claims are part of Galahad's current detailed sampling program.

Subject to TSX-V approval, consideration to be paid is $2500 CDN and the issuance of 75,000 shares to be issued as 37,500 shares each to W. Richards and J. Hamel.

A map is available at the following address: http://media3.marketwire.com/docs/GAX-0617.JPG

Paul Pitman, P.Geo, is the Qualified Person as defined by National Instrument 43-101 for the Kellyn and Montrose Projects. For further information, please go to www.galahadmetals.com.

"The statements in this Press Release may contain forward looking statements that involve a number of risks and uncertainties. Actual events or results could differ materially from the Company's expectations and projections. The TSX Venture Exchange has not approved or disapproved of the information contained in this Press Release."

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