Galleon Gold is pleased to announce it has entered into an agreement to acquire 91 mineral claims and 12 patent claims totaling 1,470 ha contiguous to the Company's existing property position at its West Cache Gold Project in Timmins Ontario. The addition of the Mineral Claims consolidates the Company's land position 13 kilometers West of Timmins and expands the total claim package to 7,540 hectares. Figure 1 provides the [...]
Galleon Gold Corp. is pleased to announce the positive results of an independent maiden Preliminary Economic Assessment , including an updated Mineral Resource Estimate prepared in accordance with National Instrument 43-101 - Standards of Disclosure for Mineral Projects for its West Cache Gold Project , Timmins Ontario. The PEA considers an underground mine utilizing Toll Processing for treatment of mineralized material [...]
Galleon Gold Corp. provides the following corporate and project update on its West Cache Gold Project , Timmins Ontario. West Cache Gold Project - Granted Land Lease Status The Company is very pleased to report that the survey plan for converting the West Cache Gold Project mining claims to land lease status has been approved by the Ministry of Northern Development and Mines and is being submitted to the Land Registry [...]
Galleon Gold Corp. announces that, pursuant to the Company's stock option plan, a total of 2,000,000 stock options have been granted to a Consultant of the Company at a price of $0.06. The options vest over the next 24 months and will expire on December 1, 2026. About Galleon Gold Galleon Gold is a North American exploration and development company. Eric Sprott holds approximately 23% of the Company's outstanding common [...]
Galleon Gold Corp. is pleased to announce assay results from the Company's ongoing re-evaluation of historic core at its 100% owned West Cache Gold Project, Timmins, Ontario . This re-evaluation includes selective re-logging and assaying of previously un-sampled core from the 2009-2017 drill programs. Results from this work will provide additional data and support for the gold system currently being evaluated in support [...]
Galleon Gold Corp. announces that, pursuant to the Company's stock option plan, a total of 400,000 stock options have been granted to the Company's recently appointed Chief Operating Officer. The stock options are priced at $0.065, vested immediately and expire on October 29, 2026. About Galleon Gold Galleon Gold is a North American exploration and development company. Eric Sprott holds approximately 23% of the Company's [...]
Galleon Gold Corp. wishes to advise that the NI 43-101 Technical Report for the West Cache Gold Project Mineral Resource Estimate announced on September 8, 2021 has been filed under the Company's profile on SEDAR. Filing of NI 43-101 Technical Report The Technical Report titled "Technical Report and Updated Mineral Resource Estimate of the West Cache Gold Property, Bristol and Ogden Townships, Porcupine Mining Division [...]
Galleon Gold Corp. is pleased to provide an update on its 100% owned West Cache Gold Project, Timmins, Ontario . Converting Mining Claims to Mining Lease Status The Company is pleased to announce that the land and perimeter survey required to convert the West Cache mining claims to land lease status is completed. Under a lease the Company will be granted both surface and mineral rights to the project area and can proceed [...]
Galleon Gold Corp. is pleased to announce it has closed its previously announced agreement to sell its non-core Kidd and Carnegie properties located in the Province of Ontario to a private company, 11530313 Ontario Inc. and Noble Mineral Exploration Inc., a publicly traded company listed on the TSXV under the symbol "NOB" . Pursuant to the terms of the Agreement, for the sale of 100% ownership of the Properties, 11530313 [...]
Galleon Gold Corp. announces that the Company will be extending the exercise period of a total of 1,000,000 share purchase warrants, all of which are exercisable at $0.12 per share . The Warrants were issued pursuant to a private placement which closed on September 24, 2019. The Company proposes to extend the expiry by one year, and accordingly, the new expiry date for the warrants will be September 24, 2022. All other [...]
657,000 Indicated and 640,000 Inferred Gold Ounces Galleon Gold Corp. is pleased to announce the release of a National Instrument 43-101 updated Mineral Resource Estimate for its 100% owned West Cache Gold Project, Timmins, Ontario . Highlights include: Indicated Mineral Resource of 657,000 ounces ; Inferred Mineral Resource of 640,000 ounces ; The Mineral Resource Estimate utilizes optimized pit shells to constrain near [...]
Galleon Gold Corp. is pleased to announce the appointment of Timothy G. Smith as Interim Chief Operating Officer. Mr. Smith has over 30 years experience in the mining industry. He was Vice President - U.S. & Canadian Operations at Apollo Gold where he led the mine start up and mill expansion of the Black Fox Mine and Stock Mill located outside of Timmins, Ontario . Previous operating experience also includes General [...]
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