Galleon Gold Corp. is pleased to provide an overview of the baseline studies and permitting plans that have been initiated at its 100% owned West Cache Gold Project, Timmins, Ontario . Story Environmental Inc. in collaboration with Blue Heron Environmental have been engaged by the Company to conduct environmental baseline studies and assist with the permitting process. Commencing the process at this early stage will [...]
Galleon Gold Corp. is pleased to report it continues to intersect significant gold grades in all three target areas at its 100% - owned West Cache Gold Project, Timmins, Ontario. Select Highlights: WC-20-075 intersected 6.6 g/t Au over 4.0 m, from 54 to 58 m including sub-interval of 10.87 g/t Au over 2.0 m; near surface intercept of Zone-9. WC-20-072 intersected 3.27 g/t Au over 5.2 m, from 144 to 149.2 m including [...]
Galleon Gold Corp. is pleased to announce that all of the resolutions put forth at the Annual and Special Meeting of Shareholders held on November 24, 2020 were approved. At the Meeting, shareholders elected the following directors to hold office for the ensuing year: R. David Russell, Christian Dupont, Thomas Kofman, James T. O'Neil Jr., Mario Colantonio, Gerhard Merkel, Michael Hobart and Richard F. Nanna. Shareholders [...]
Galleon Gold Corp. is pleased to report it has added a second drill rig to its ongoing drill program at the Company's 100%-owned West Cache Gold Project, Timmins, Ontario. The Company has completed 15,000 meters of its initial infill core drilling program and has commenced a Phase Two drilling program for an additional 15,000 meters. The current two drill program is fully funded from the oversubscribed financing of $8.0 [...]
Results include 5.87 g/t gold over 8.5 meters Galleon Gold Corp. reports continued expansion of the recently discovered Zone #9 high-grade gold system on its 100% owned West Cache Gold Project, Timmins, Ontario. WC-20-31 intersected 5.87 g/t Au over 8.5 m, from 274.5 to 283 m including sub-interval of 2.0 m at 10.1g/t Au. WC-20-53 intersected 3.06 g/t Au over 8.0 m, from 148 to 156 m including a sub-interval of 1.0 m at [...]
Galleon Gold Corp. is pleased to announce that it has closed its previously announced brokered private placement . The Offering was oversubscribed for gross proceeds of C$8.0 million and consisted of the sale of the following: ● 28,870,667 units of the Company at a price of C$0.12 per Unit; ● 10,402,987 flow-through units of the Company at a price of C$0.135 per FT Unit; and ● 18,418,333 FT Units sold to charitable flow-through purchasers at a price of C$0.17 per FT Unit. The Offering was completed by a syndicate of agents led by Red Cloud Securities Inc. and included Cormark Securities Inc. . Each Unit issued pursuant to the Offering consists of one common share in the capital of the Company and one common share purchase warrant . Each FT Unit consists of o... [...]
Results include 7.44 g/t Gold over 10.7 meters Galleon Gold Corp. is pleased to announce results that confirm the discovery of a new high-grade gold zone, adding an exciting new dimension to its 100% owned West Cache Gold Project, Timmins, Ontario. WC-20-42 has intersected 7.44 g/t Au over 10.7 meters, including separate sub-intervals of 3.3 m at 8.88 g/t Au and 2.9 m of 10.19 g/t Au. More detailed assay, drillhole and [...]
Galleon Gold Corp. is pleased to announce that its previously announced brokered private placement will now consist of up to C$3.5 million of units at a price of C$0.12 per Unit and the remaining balance in flow-through units to traditional flow-through purchasers at a price of C$0.135 per FT Unit and to charitable flow-through purchasers at a price of C$0.17 per FT Unit, for total gross proceeds of up to C$8.0 million [...]
Galleon Gold Corp. regrets to inform you of the passing of director William 'Steve' Stearns Vaughan on September 12, 2020. As a director of Galleon Gold and its predecessor company since 2006, Steve was a trusted and respected voice to the board and management. With a background in both geology and law, his wisdom, willingness to engage and support throughout the mining cycles was immeasurable. Mr. R. David Russell [...]
Galleon Gold Corp. is pleased to announce that it has entered into an agreement with Red Cloud Securities Inc., as lead agent and sole bookrunner , on its own behalf and, if applicable, on behalf of a syndicate of agents in connection with a best efforts private placement for aggregate gross proceeds of up to C$8.0 million . The Offering will be comprised of the following: up to C$3.0 million of units of the Company at a [...]
Galleon Gold Corp. is pleased to announce that Mr. Michael Hobart has joined the Board of Directors. Mr. Hobart brings a wealth of experience in securities and corporate law specializing in the mining sector, where he represents and advises mining and exploration companies in a variety of transactions. As a partner at Fogler, Rubinoff LLP with over 25 years of experience in the mining industry, Michael has been a trusted [...]
Galleon Gold Corp. is pleased to announce initial results from its 15,000 meter infill drilling program on its 100% owned West Cache Gold property near Timmins, Ontario. A highlight from the infill drilling this summer is core hole WC-20-030 which intersected a broad 9.7 meter zone of 7.16 g/t Au that includes a higher grade sub-interval returning 14.75 g/t Au over 3.0 meters . WC-20-030, was extended to intercept the [...]
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