Galantas GOLD Provides Progress Update ON the Omagh GOLD Project Restart MINE Plan
GALANTAS GOLD PROVIDES PROGRESS UPDATE ON THE OMAGH GOLD PROJECT
RESTART MINE PLAN
August 1, 2023, TORONTO, CANADA – Galantas Gold Corporation (TSX -V & AIM: GAL; OTCQX:
GALKF) ("Galantas" or the "Company") announces that in line with the previously announced July
target, QME Mining Services (NI) Ltd. Ireland has substantially concluded its work on the mine plan
for the Omagh Gold Project in Northern Ireland, and the Company will provide an update to the market
in due course.
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.
About Galantas Gold Corporation
Galantas Gold Corporation is a Canadian public company that trades on the TSX Venture Exchange
and the London Stock Exchange AIM market, both under the symbol GAL. It also trades on the
OTCQX Exchange under the symbol GALKF. The Company's strategy is to create shareholder value
by operating and expanding gold production and resources at the Omagh Project in Northern Ireland,
and exploring the Gairloch Project hosting the Kerry Road gold-bearing VMS deposit in Scotland.
Enquiries
Galantas Gold Corporation
Mario Stifano: Chief Executive Officer
Email: [email protected]
Website: www.galantas.com
Telephone: +44(0)28 8224 1100
Grant Thornton UK LLP (AIM Nomad)
Philip Secrett, Harrison Clarke, George Grainger, Samuel Littler
Telephone: +44(0)20 7383 5100
SP Angel Corporate Finance LLP (AIM Broker)
David Hignell, Charlie Bouverat (Corporate Finance)
Grant Barker (Sales & Broking)
Telephone: +44(0)20 3470 0470
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 results of exploration and mine
development programs at the Omagh Project and Gairloch Project. Forward-looking statements are based on
estimates and assumptions made by Galantas in light of its experience and perception of historical trends, current
conditions and expected future developments, as well as other factors that Galantas believes are appropria te in
the circumstances. Many factors could cause Galantas’ actual results, the performance or achievements to differ
materially from those expressed or implied by the forward looking statements or strategy, including: gold price
volatility; discrepancies between actual and estimated production, actual and estimated metallurgical recoveries
and throughputs; mining operational risk, geological uncertainties; regulatory restrictions, including environmental
regulatory restrictions and liability; risks of sovereign involvement; speculative nature of gold exploration; dilution;
competition; loss of or availability of key employees; additional funding requirements; uncertainties regarding
planning and other permitting issues; and defective title to mineral claims or property. These factors and others
that could affect Galantas’ 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.