Galantas Gold Corporation
TSX VENTURE : GAL

Galantas Gold Corporation

November 04, 2005 09:21 ET

Galantas Reports Appointment of Mill Superintendent and Construction Progress on Omagh Gold Mine

TORONTO, ONTARIO and OMAGH, NORTHERN IRELAND--(CCNMatthews - Nov. 4, 2005) - Galantas Gold Corporation (TSX VENTURE:GAL) is pleased to announce a key appointment and provide a project update regarding its Omagh gold-mine.

Anthony Pucjlowski has been appointed Mill Superintendent. Anthony is a qualified metallurgist with approx 20 years of metals processing experience. He has held posts which involved responsibility as commissioning engineer, plant metallurgist and mill superintendent for flotation and gold extraction plants in South Africa, Australia and Tajikistan for Kvaerner, Anglo American, Durban Roodepoort Deep and other companies. Anthony's appointment completes the senior supervisory and construction team required to implement the project.

The open-pit operation is fully staffed with the quarrying personnel and equipment deployed in construction. Site construction continues with stripping of the Kearney orebody nearly complete and the processing plant site being prepared.

The contract for supply and erection of structural steel and cladding for the processing plant building has been awarded at a cost of approx C$150,446. A major consignment of refurbished processing equipment, including ball mill and flotation cells is now ship bound from Western Canada.

Construction is on schedule for gold production in Spring 2006.

Analysis of the VTEM airborne survey has advanced sufficiently to select a high priority target. Preparations are being made to expose the bedrock as confirmation of the source of the anomaly prior to drilling.

Galantas Gold Corporation is building Ireland's only gold mine on its 189 sq km exclusive Prospecting Licence. The corporate aim is to increase resources 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 Galantas ™ Irish gold jewellery.

This press release may include 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".

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of the contents of this news release.

Contact Information

  • Galantas Gold Corporation
    Jack Gunter
    Executive Chairman
    +44 (0) 2882 241100
    or
    Galantas Gold Corporation
    Roland Phelps
    President & CEO
    +44 (0) 2882 241100
    or
    Galantas Gold Corporation
    Moe Lavigne
    Vice President
    +44 (0) 2882 241100
    info@galantas.com
    www.galantas.com