Galahad Metals Inc. is a Canadian based mineral exploration company active in the search for precious metal deposits across North America.  The Company’s objective is to increase the value of the company to its shareholders by employing an active property acquisition process and well-managed and targeted exploration programs.

Galahad’s principle project is the Recourt Property located in the heart of Quebec’s gold district in the eastern portion of Abitibi Greenstone Belt.  The Regcourt hosts a small gold deposit with an historical resource (non NI 43-101 compliant).  Deeper drilling is indicated by down-hole I.P. and further work has been strongly recommended to follow-up recent drill results.

The two other gold projects, Montrose and Kellyn, are in various stages of development.  Field data on the Montrose and Kellyn Projects located in Ontario have recently been updated with NI 43-101 reports filed on SEDAR.  Exploration programs are recommended for both gold projects.

All properties are in the best geopolitical jurisdictions in the world for mining and boast ease of access, allowing lower logistics costs and a greater proportion of exploration dollars to be spent on exploration.

ON-GOING PROJECTS GALAHAD

Country Project

Commodity

                         Status

Future Plans Group Ownership Company held in
Canada Regcourt Gold Second phase drilling completed Obtain results of drill program and advance exploration. 100% Galahad Metals Inc.
Canada Montrose Gold Report preparation for recommended drilling completed  Commence second phase drilling 100% Galahad Metals Inc.
Canada Kellyn Gold Geophysical and geochemical testing completed. Obtain joint venture partner 100% Galahad Metals Inc.

 

ON-GOING PROJECTS RED ORE GOLD

Listed below is a summary of the main projects and their status:

Country Project

Commodity

                                   Status

Future Plans Red Ore Ownership Financial Statements
United States Bottle Creek Gold Trenching completed, Phase I drilling completed Second phase drilling planned for fall 2011 60% Held in Bottle Creek Exploration LLC
United States Rye patch Gold Signed LOI Enter into a definitive Option Lease Agreement. N/A Held directly in Red Ore Gold Inc.
United States Pogonip Ridge Gold Signed LOI Enter into a definitive Option Lease Agreement. N/A Held directly in Red Ore Gold Inc.