Galantas Gold Corporation announced the results of the third and fourth exploration drill holes and prospecting samples at the Gairloch Project in Scotland. Drilling highlights: Hole 23-GL-04 intersected 4.42 grams per tonne (g/t) gold (Au), 0.71% copper (Cu), 0.52% zinc (Zn), 69 g/t cobalt (Co) and 3.74 g/t silver (Ag) over 31 metres, including 15.46 g/t Au, 0.80% Cu, 1.91% Zn, 133 g/t Co and 6.35 g/t Ag over 6.95 metres. Hole 23-GL-03 intersected 1.34 g/t Au,0.86% Cu, 0.16% Zn, 82 g/t Co and 3.20 g/t Ag over 18 metres.

The Company is now focused on generating additional drill targets along strike of the deposit. Prospecting identified 0.91 g/t Au in bedrock 1.4 kilometres from recent drilling, as well as 34.3% iron (Fe) and 0.19 g/t Au in bedrock within a 10-metre-wide banded iron formation. Hole 23-GL-02 was drilled at 223 azimuth, perpendicular to assumed strike of ore body at -45 degrees dip.

Hole 23-GL-04 was drilled as a scissor hole to hole 23-GL-03, 50m south at an azimuth of 43 degrees and -55 degrees dip. Drill program. Drill hole 23-GL-03 was drilled 57 metres southeast of hole 23-GL-02, intersecting the mineralized unit at 35 metres down to 53 metres.

Hole 23-GL -04 was drilled 49 metres southwest of hole 23-GL-03., towards the mineralized unit in the opposite direction, hitting the zone from 10 metres to 41 metres. This hole was a 15-metre step out from the known historic deposit area. These new and historical grades over such a wide area demonstrate the potential of the Kerry Road deposit with future drilling planned to explore along strike and at depth.

Prospecting at Gairloch Project. The prospecting results have identified a gold bearing unit 1.4 kilometres southeast from the recent drill hole 23-GL-05. The 1.5-kilogram grab sample was taken from a 2-metre-wide sulphide zone outcropping on the road side and returned 0.91 g/t gold.

Further work here is warranted to understand the presence of gold within this unit and explore along trend. This area is one of multiple targets identified by Galantas for follow-up exploration. Galantas has acquired a 100% interest and the exclusive rights to explore and develop the Gairloch Project, a 217 km2 mineral licence area covering the Gairloch Schist Belt.

Qualified Person and Quality Assurance and Control. Galantas Gold operates according to rigorous internal Quality Assurance and Quality Control (QA/QC)) and the quality Control (QA/C)) and the Company is now focused on generating new drill targets along strike of the Deposit.