Amendment

GALANTAS GOLD CORPORATION
                                TSX Venture Exchange: GAL
                             London Stock Exchange AIM: GAL

14 February 2007

                       CORRECTION TO 14th FEBRUARY PRESS RELEASE

Galantas regrets a mistake in its amending press release of 14th February 2007. The heading of the announcement should
have made reference to the fact that the announcement was amending the announcement made on 13 February 2007 and not 13
January 2007. The announcement should also have been dated 14 February 2007, and not 13 January 2007.

Issued and Outstanding Shares total 162,251,855.

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

Enquiries

Galantas Gold Corporation                 Telephone:  [phone]
Jack Gunter P.Eng - Executive Chairman
Roland Phelps C.Eng - President & CEO
Moe Lavigne P.Geo - Vice President
Email: [e-mail]
Website: www.galantas.com

ARM Corporate Finance Limited             Telephone: [phone]
Nick Harriss

Lewis Charles Securities Limited.         Telephone: [phone]
David Scott