Galleon Gold Corp. is pleased to announce that it has closed a non-brokered private placement for aggregate gross proceeds of C$275,000 through the issuance of 1,833,333 flow-through units at a price of C$0.15 per FT Unit . Each FT Unit consists of one common share of the Company and one-half of one common share purchase warrant , each issued as a "flow-through share" within the meaning of the Income Tax Act . Each [...]
Galleon Gold Corp. is pleased to announce it has commenced the formal process of permitting with the Ontario Ministry of Mines for the 100% owned West Cache Gold Project, Timmins, Ontario . Today, the Company submitted the Notice of Project Status - Form 1 - Mining Act providing notice that the Project is moving from exploration to advanced exploration status. Comment from CEO David Russell, President and CEO of Galleon [...]
Eric Sprott announces that, on October 14, 2023, 1,500,000 common share purchase warrants of Galleon Gold Corp., expired unexercised representing a decrease in holdings of approximately 2.1% of the outstanding common shares on a partially diluted basis since the date of the last early warning report. Prior to the expiry of these Warrants, Mr. Sprott beneficially owned 13,624,895 Shares and 2,000,000 Warrants representing [...]
Galleon Gold Corp. is pleased to provide an update on its development plans for its 100% owned West Cache Gold Project, Timmins, Ontario . Comment from CEO David Russell, President and CEO of Galleon Gold, commented, "We are entering the final stretch for completion of the detailed engineering design and documentation required for submission of our bulk sample permit application. The underground sample is designed to [...]
Galleon Gold Corp. is pleased to announce that it has entered into a purchase agreement with Daisy Mining & Land LLP to acquire seven patented lode claims in Idaho, with five of those claims forming the nucleus of the Neal Gold Project. To facilitate the transaction, the Company has formed a new Idaho company, Golden Trove, LLC which will make 5 yearly payments of US $250,000 to Daisy starting May 1, 2024 and ending May [...]
Eric Sprott's Ownership of Galleon Gold Increases to 21.45% Galleon Gold Corp. is pleased to announce that it has closed the previously announced transaction with 2176423 Ontario Ltd., , a corporation that is beneficially owned and controlled by Eric Sprott to acquire the Vendor's 100% interest in a stockpile of mineralized material located on the Neal Idaho Project, 27 km southeast of Boise, Idaho together with its 20 [...]
Eric Sprott's Ownership of Galleon Gold Increases to 21.45% Galleon Gold Corp. is pleased to announce that it has entered into an agreement with 2176423 Ontario Ltd., , a corporation that is beneficially owned and controlled by Eric Sprott , to acquire the Vendor's 100% interest in a stockpile of mineralized material located on the Neal Idaho Project, 27 km southeast of Boise, Idaho together with its 20% interest in the [...]
Galleon Gold Corp. announces that, subject to regulatory approval, it has engaged the services of Independent Trading Group to provide market-making services in accordance with TSX Venture Exchange policies. ITG will trade shares of the Company on the TSXV and all other trading venues with the objectives of maintaining a reasonable market and improving the liquidity of the Company's common shares. Under the agreement, ITG [...]
Results include 9.97 g/t Au over 5.0 meters Galleon Gold Corp. is pleased to report assay results from its 2022/23 exploration and geomechanical drill programs at its flagship West Cache Gold Project in the prolific Timmins Gold Belt near Timmins, Ontario. Drilling Highlights Geomechanical hole WC-22-219A intersected 5.53 g/t gold over 12.5m in Zone #9, including 9.97 g/t gold over 5.0 m Hole WC-22-131EX in South Zone [...]
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 [...]
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