Galleon Gold's West Cache Project Delivers More Gold
Toronto, Ontario--(Newsfile Corp. - March 1, 2023) - Galleon Gold Corp. (TSXV: GGO) (the "Company") 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 intersected 8.76 g/t gold over 1.8 m...
2023-03-01 7:45 AM EST
Galleon Gold Outlines Development Plans for 2023
Toronto, Ontario--(Newsfile Corp. - January 27, 2023) - Galleon Gold Corp. (TSXV: GGO) (the "Company") 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...
2023-01-27 7:30 AM EST
Galleon Gold Closes Second Tranche of Private Placement
Toronto, Ontario--(Newsfile Corp. - December 21, 2022) - Galleon Gold Corp. (TSXV: GGO) (the "Company") 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 (the "Units") at a price of C$0.24 per Unit and flow-through units (the "FT Units ") at a price of C$0.26 per FT Unit (the "Offering"), it has closed a second tranche (the "Second Tranche") consisting of the issuance of 80,000 FT...
2022-12-21 5:00 PM EST
Galleon Gold Announces Closing of First Tranche of Private Placement
Toronto, Ontario--(Newsfile Corp. - December 14, 2022) - Galleon Gold Corp. (TSXV: GGO) (the "Company") 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 (the "Units") at a price of C$0.24 per Unit and flow-through units (the "FT Units ") at a price of C$0.26 per FT Unit (the "Offering"). This first tranche consisted of the sale of (i) 583,334 Units and (ii)...
2022-12-14 4:00 PM EST
Galleon Gold Announces Progress on Underground Bulk Sample Permitting at West Cache Gold Project
Toronto, Ontario--(Newsfile Corp. - November 29, 2022) - Galleon Gold Corp. (TSXV: GGO) (the "Company" or "Galleon Gold") is pleased to report positive progress of permitting activities at its 100% owned West Cache Gold Project ("West Cache" or the "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...
2022-11-29 7:45 AM EST
Galleon Gold Announces Warrant Extension
Toronto, Ontario--(Newsfile Corp. - November 25, 2022) - Galleon Gold Corp. (TSXV: GGO) (the "Company" or "Galleon Gold") 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 (collectively, the "Warrants"). 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 (1) year, and accordingly, the new...
2022-11-25 4:30 PM EST
Galleon Gold Continues to Intersect High Grade at West Cache Project - 15.6 g/t Au over 7.6 m
Toronto, Ontario--(Newsfile Corp. - October 4, 2022) - Galleon Gold Corp. (TSXV: GGO) (the "Company" or "Galleon Gold") is pleased to report additional drill results from its 2022 drill program at its 100% owned West Cache Gold Project ("West Cache" or the "Project") in Timmins, Ontario. Highlights Best Zone #9 intercept to date (as determined by grade x thickness) 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...
2022-10-04 7:45 AM EDT
Galleon Gold Initiates Geotechnical Drilling Program at West Cache Project in the Timmins Gold Camp
Toronto, Ontario--(Newsfile Corp. - September 19, 2022) - Galleon Gold Corp. (TSXV: GGO) (the "Company" or "Galleon Gold") 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 ("West Cache" or the "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 (published...
2022-09-19 7:45 AM EDT
Galleon Gold Hits High-Grade in the South Area at West Cache Gold Project
Toronto, Ontario--(Newsfile Corp. - September 7, 2022) - Galleon Gold Corp. (TSXV: GGO) (the "Company" or "Galleon Gold") is pleased to report initial drill results from its 2022 drill program at its 100% owned West Cache Gold Project ("West Cache" or the "Project") in Timmins, Ontario. Highlights from WC-22-215 - South Area Intercepts 13.29 g/t Au over 4.5 m (from 260.5 to 265.0 m) Including 79.2 g/t Au over 0.7 m 5.23 g/t Au over 5.7 m (from 290.0 to 295.7 m)Including 13.68 g/t Au over 1.7...
2022-09-07 7:45 AM EDT
Galleon Gold Provides Update on Permitting for Underground Bulk Sample at West Cache Gold Project
Toronto, Ontario--(Newsfile Corp. - August 16, 2022) - Galleon Gold Corp. (TSXV: GGO) (the "Company" or "Galleon Gold") is pleased to report on the progress of permitting activities at its 100% owned West Cache Gold Project ("West Cache" or the "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...
2022-08-16 7:45 AM EDT
Galleon Gold Receives Final Registration for the Mining Land Lease at its West Cache Project
Toronto, Ontario--(Newsfile Corp. - July 26, 2022) - Galleon Gold Corp. (TSXV: GGO) (the "Company" or "Galleon Gold") is pleased to report it has received the final documentation related to the registration of the mining lease for the West Cache Gold Project ("West Cache" or the "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...
2022-07-26 7:45 AM EDT
Galleon Gold Completes Fourth Hole of 2022 Drill Program at West Cache Gold Project
Toronto, Ontario--(Newsfile Corp. - July 7, 2022) - Galleon Gold Corp. (TSXV: GGO) (the "Company" or "Galleon Gold") is pleased to announce visual observations from the fourth diamond drill hole of the 2022 drill program at the West Cache Gold Project ("West Cache" or the "Project") in Timmins, Ontario. The fourth hole was collared to intersect the South Area zones within a gap between near-surface (2.53 g/t Au | 9.0 m, including 7.96 g/t Au | 2.03 m in WC-21-192) and deeper intercepts (2.63...
2022-07-07 7:45 AM EDT
Galleon Gold Completes First Two Drill Holes of 2022 Drill Program at West Cache Gold Project
Toronto, Ontario--(Newsfile Corp. - June 28, 2022) - Galleon Gold Corp. (TSXV: GGO) (the "Company" or "Galleon Gold") is pleased to report the first two diamond drill holes of the 2022 drill program have been completed at the West Cache Gold Project ("West Cache" or the "Project") in Timmins, Ontario. The initial two holes of the drill program were collared to intersect the South Area zones along strike to the west within 90 meters of untested ground from intersections encountered in the...
2022-06-28 7:45 AM EDT
Galleon Gold Announces Results of Annual Meeting of Shareholders
Toronto, Ontario--(Newsfile Corp. - June 21, 2022) - Galleon Gold Corp. (TSXV: GGO) (the "Company" or "Galleon Gold") is pleased to report that all of the resolutions put forth at the Annual and Special Meeting of Shareholders (the "Meeting") held on June 21, 2022, were approved. At the Meeting, shareholders elected the following directors to hold office for the ensuing year: R. David Russell, Thomas Kofman, James T. O'Neil Jr., Mario Colantonio, Gerhard Merkel, Michael Hobart and Richard F....
2022-06-21 5:00 PM EDT
Galleon Gold Sells Non-Core Nickel Project for $1.0 Million plus Shares and Options
Toronto, Ontario--(Newsfile Corp. - June 1, 2022) - Galleon Gold Corp. (TSXV: GGO) (the "Company" or "Galleon Gold") is pleased to announce that it has sold its 100% interest in the William Lake Property ("William Lake") to Leeuwin Metals PTY Ltd. ("Leeuwin"). Pursuant to the terms of the Sale Agreement, the Company has received the following consideration: CAD$1,000,000 in Cash 2,500,000 Common Shares (the "Shares") of Leeuwin 2,500,000 Consideration Options (the "Options") with each Option...
2022-06-01 7:45 AM EDT
Galleon Gold Commences Drill Program at the West Cache Gold Project
Toronto, Ontario--(Newsfile Corp. - May 26, 2022) - Galleon Gold Corp. (TSXV: GGO) (the "Company" or "Galleon Gold") is pleased to report the 2022 exploration drill program at its 100% owned West Cache Gold Project ("West Cache" or the "Project") in Timmins, Ontario has commenced with set up for the first drill hole underway. The initial 5,000-meter drill program will focus on high-priority drill targets identified during the Company's drill program in 2020-2021. Figure 1 shows the target...
2022-05-26 7:45 AM EDT
Galleon Gold Contracts Drill-Rig and Provides 2022 Exploration Outlook for West Cache Gold Project
Toronto, Ontario--(Newsfile Corp. - April 26, 2022) - Galleon Gold Corp. (TSXV: GGO) (the "Company" or "Galleon Gold") is pleased to provide an exploration update for its 100% owned West Cache Gold Project ("West Cache" or the "Project") in Timmins, Ontario. Following the release of the Project's updated Mineral Resource Estimate and maiden Preliminary Economic Assessment ("PEA") in early 2022 (see press releases dated January 12 and February 23, 2022), the Company is planning its exploration...
2022-04-26 7:45 AM EDT
Galleon Gold Engages Investor Relations Advisor and Grants Stock Options
Toronto, Ontario--(Newsfile Corp. - April 20, 2022) - Galleon Gold Corp. (TSXV: GGO) (the "Company" or "Galleon Gold") is pleased to announce that it has engaged Harbor Access LLC ("Harbor Access") to perform external "investor relations activities", as defined in accordance with the policies of the TSX Venture Exchange ("TSXV"), subject to TSXV approval. The initial term of the contract is for six months, and month to month thereafter. In consideration for the services the Company will pay...
2022-04-20 5:00 PM EDT
Galleon Gold Announces Closing of C$3.5 Million Brokered Private Placement, Including a Lead Order from Eric Sprott
Toronto, Ontario--(Newsfile Corp. - March 25, 2022) - Galleon Gold Corp. (TSXV: GGO) (the "Company" or "Galleon Gold") is pleased to announce the closing of the previously announced "best efforts" brokered private placement (the "Offering") for gross proceeds of C$3,500,000 from the sale of 2,462,437 units of the Company (each, a "Unit") at a price of C$0.50 per Unit, 3,306,821 flow-through units of the Company (each, a "FT Unit") at a price of C$0.55 per FT Unit and 642,900 FT Units to be...
2022-03-25 5:00 PM EDT
Galleon Gold Acquires Additional Ground in Timmins Camp - West Cache Land Position Now 10,350 Hectares
Toronto, Ontario--(Newsfile Corp. - March 3, 2022) - Galleon Gold Corp. (TSXV: GGO) (the "Company" or "Galleon Gold") is pleased to announce it has entered into an agreement (the "Agreement") to acquire 129 mineral claims totaling 2,760 hectares (the "Mineral Claims") contiguous to the Company's existing property position at its West Cache Gold Project in Timmins, Ontario. The addition of the Mineral Claims located in Price Township adds to the Company's land position 13 kilometers west of...
2022-03-03 7:45 AM EST