Galleon Gold Corp. is pleased to outline its plans for 2023 as the Company develops its flagship West Cache Gold Project in the prolific Timmins Gold Belt in Timmins, Ontario. Comment from CEO David Russell, President and CEO of Galleon Gold commented, "We enter 2023 with an ambitious agenda; our permit application work is in full swing and we are well into the detailed engineering of the portal and decline for the [...]
Galleon Gold Corp. is pleased to announce that in connection with its previously announced first tranche closing of a private placement through the issuance of a combination of units at a price of C$0.24 per Unit and flow-through units at a price of C$0.26 per FT Unit , it has closed a second tranche consisting of the issuance of 80,000 FT Units. Aggregate gross proceeds of C$1,849,661 from both tranches of the Offering [...]
Galleon Gold Corp. is pleased to announce that it has closed a first tranche of a non-brokered private placement for aggregate gross proceeds of C$1,828,861 through the issuance of a combination of units at a price of C$0.24 per Unit and flow-through units at a price of C$0.26 per FT Unit . This first tranche consisted of the sale of 583,334 Units and 6,495,620 FT Units. Each Unit consists of one common share in the [...]
Galleon Gold Corp. is pleased to report positive progress of permitting activities at its 100% owned West Cache Gold Project in Timmins, Ontario. Comment from CEO R. David Russell, President and CEO of Galleon Gold, commented, "Permitting for test mining is always an exciting time in the life cycle of a junior mining company, it is the definitive start of transitioning from an exploration story to a bona fide exploration [...]
Galleon Gold Corp. announces that the Company will be extending the exercise period of a total of 3,194 ,317 share purchase warrants, all of which are exercisable at $0.75 per share . The Warrants were issued pursuant to a share for debt agreement which closed on June 12, 2020. The Company proposes to extend the expiry by one year, and accordingly, the new expiry date for the warrants will be December 12, 2023. All other [...]
Galleon Gold Corp. is pleased to report additional drill results from its 2022 drill program at its 100% owned West Cache Gold Project in Timmins, Ontario. Highlights Best Zone #9 intercept to date in core hole WC-22-218 15.6 g/t Au over 7.6 m within broader zone of 7.41 g/t Au over 18.1 m This intercept to be included in block model update for detailed design of underground bulk sample program Interval intersected at [...]
Galleon Gold Corp. reports that it has initiated geotechnical drilling in support of permitting initiatives for a planned underground bulk sampling program at its 100% owned West Cache Gold Project in Timmins, Ontario. The Company has identified Zone #9 as the initial target for test mining and will utilize the current layout as outlined in its PEA , while optimizing the development design as needed. Detailed engineering [...]
Galleon Gold Corp. is pleased to report initial drill results from its 2022 drill program at its 100% owned West Cache Gold Project in Timmins, Ontario. Highlights from WC-22-215 - South Area Intercepts 13.29 g/t Au over 4.5 m Including 79.2 g/t Au over 0.7 m 5.23 g/t Au over 5.7 m Including 13.68 g/t Au over 1.7 m Both high grade zones were encountered within a broad interval of gold mineralization averaging 2.85 g/t Au [...]
Galleon Gold Corp. is pleased to report on the progress of permitting activities at its 100% owned West Cache Gold Project in Timmins, Ontario. Comment from CEO R. David Russell, President and CEO of Galleon Gold commented, "We are very pleased that our two-fold strategy for developing the West Cache Project continues to progress in a timely manner. We have been conducting the baseline and technical studies required to [...]
Galleon Gold Corp. today announced their participation in the Q3 Investor Summit. Please join David Russell, CEO, as he discusses the advancement of the West Cache Gold Project, Timmins, Ontario. Event Details Event Q3 Investor Summit Date August 16-17, 2022 Presentation August 16 @ 11:45 a.m. ET Location https://us06web.zoom.us/webinar/register/WN_QjgYityLSxS0v_Ddprqoxw To request complimentary qualified investor [...]
Galleon Gold Corp. is pleased to report it has received the final documentation related to the registration of the mining lease for the West Cache Gold Project . The granting of the new 21- year mining lease, #110033, is an important milestone for the Project. Lease status is required before mining activities such as infrastructure development and ore extraction can be conducted on the property. With the lease in hand [...]
Galleon Gold Corp. is pleased to announce visual observations from the fourth diamond drill hole of the 2022 drill program at the West Cache Gold Project in Timmins, Ontario. The fourth hole was collared to intersect the South Area zones within a gap between near-surface and deeper intercepts drilled during the 2020-2021 program. The objective of the ongoing 2022 South Area drilling is to determine potential shoot [...]