Galleon Gold Completes Shares for Debt Settlement
Toronto, Ontario--(Newsfile Corp. - January 8, 2021) - Galleon Gold Corp. (TSXV: GGO) (the "Company" or "Galleon Gold") reports it has settled (the "Settlement") a claim filed against Explor Resources Inc. prior to its amalgamation with Galleon Gold. Under terms of the Settlement, the Company will issue 6,311,479 common shares and 908,853 warrants to settle outstanding debt of $694,262.64 and for a release of any other claims, demands and future actions. Each warrant shall entitle the holder...
2021-01-08 5:00 PM EST
Galleon Gold Receives Expanded Drill Permit on Its West Cache Gold Project
Toronto, Ontario--(Newsfile Corp. - January 5, 2021) - Galleon Gold Corp. (TSXV: GGO) (the "Company" or "Galleon Gold") is pleased to report that it has received an expanded drilling permit from the Ministry of Energy, Northern Development, and Mines (ENDM) for its 100% owned West Cache Gold Project ("West Cache"), Timmins, Ontario. The Company completed 100 core holes in 2020 under a previous exploration permit where drilling was limited to the known mineralized areas. The newly expanded...
2021-01-05 7:45 AM EST
Galleon Gold Drills 100th Hole at West Cache Gold
Toronto, Ontario--(Newsfile Corp. - December 22, 2020) - Galleon Gold Corp. (TSXV: GGO) (the "Company" or "Galleon Gold") is pleased to report that it has drilled its 100th core drill hole, and has completed approximately 24,000 meters of drilling to date on its 100% owned West Cache Gold Project, Timmins, Ontario ("West Cache"). As previously reported, excellent grades have been encountered in both the East and West Pit infill drill holes, and the new discovery high-grade gold Zone #9 is...
2020-12-22 7:45 AM EST
Galleon Gold Initiates Baseline and Permitting Programs at West Cache Gold
Toronto, Ontario--(Newsfile Corp. - December 9, 2020) - Galleon Gold Corp. (TSXV: GGO) (the "Company" or "Galleon Gold") 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 ("West Cache"). Story Environmental Inc. ("Story") in collaboration with Blue Heron Environmental have been engaged by the Company to conduct environmental baseline studies and assist with the permitting process....
2020-12-09 8:00 AM EST
Galleon Gold Continues to Intersect High Grade Gold at Its West Cache Gold Project
Toronto, Ontario--(Newsfile Corp. - December 3, 2020) - Galleon Gold Corp. (TSXV: GGO) (the "Company" or "Galleon Gold") 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...
2020-12-03 7:45 AM EST
Galleon Gold Announces Results of Annual and Special Meeting of Shareholders
Toronto, Ontario--(Newsfile Corp. - November 24, 2020) - Galleon Gold Corp. (TSXV: GGO) (the "Company" or "Galleon Gold") is pleased to announce that all of the resolutions put forth at the Annual and Special Meeting of Shareholders (the "Meeting") 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,...
2020-11-24 5:00 PM EST
Galleon Gold Adds Second Drill Rig at West Cache Gold Project and Commences Phase Two Drill Program
Toronto, Ontario--(Newsfile Corp. - November 17, 2020) - Galleon Gold Corp. (TSXV: GGO) (the "Company" or "Galleon Gold") 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...
2020-11-17 7:45 AM EST
Galleon Gold Expands High Grade Discovery Zone
Toronto, Ontario--(Newsfile Corp. - November 10, 2020) - Galleon Gold Corp. (TSXV: GGO) (the "Company" or "Galleon Gold") 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 7.53 g/t Au....
2020-11-10 7:30 AM EST
Galleon Gold Closes Oversubscribed C$8.0 Million Brokered Private Placement, Including a Lead Order from Eric Sprott
Toronto, Ontario--(Newsfile Corp. - October 14, 2020) - Galleon Gold Corp. (TSXV: GGO) (the "Company") is pleased to announce that it has closed its previously announced brokered private placement (the "Offering"). 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 (the "Units") at a price of C$0.12 per Unit; ● 10,402,987 flow-through units of the Company (the "FT Units") at a price of C$0.135 per...
2020-10-14 4:00 PM EDT
Galleon Gold Confirms High Grade Discovery Zone - West Cache Gold Project
Toronto, Ontario--(Newsfile Corp. - September 29, 2020) - Galleon Gold Corp. (TSXV: GGO) (the "Company" or "Galleon Gold") 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 geologic data is...
2020-09-29 4:00 PM EDT
Galleon Gold Announces Update to C$8.0 Million Brokered Private Placement
Toronto, Ontario--(Newsfile Corp. - September 22, 2020) - Galleon Gold Corp. (TSXV: GGO) (the "Company") is pleased to announce that its previously announced brokered private placement will now consist of up to C$3.5 million of units (the “Units”) at a price of C$0.12 per Unit and the remaining balance in flow-through units (the “FT Units”, and collectively with the Units, the “Offered Securities”) to traditional flow-through purchasers at a price of C$0.135 per FT Unit and to charitable...
2020-09-22 7:30 AM EDT
Galleon Gold Acknowledges the Passing of Director William 'Steve' Stearns Vaughan
Toronto, Ontario--(Newsfile Corp. - September 21, 2020) - Galleon Gold Corp. (TSXV: GGO) (the "Company" or "Galleon Gold") 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...
2020-09-21 12:46 PM EDT
Galleon Gold Announces Private Placement of up to C$8.0 Million
Toronto, Ontario--(Newsfile Corp. - September 16, 2020) - Galleon Gold Corp. (TSXV: GGO) (the "Company") is pleased to announce that it has entered into an agreement with Red Cloud Securities Inc., as lead agent and sole bookrunner (the "Lead Agent"), on its own behalf and, if applicable, on behalf of a syndicate of agents (together with the Lead Agent, the "Agents") in connection with a best efforts private placement for aggregate gross proceeds of up to C$8.0 million (the "Offering"). The...
2020-09-16 4:15 PM EDT
Galleon Gold Appoints Michael Hobart to Its Board of Directors
Toronto, Ontario--(Newsfile Corp. - September 14, 2020) - Galleon Gold Corp. (TSXV: GGO) (the "Company" or "Galleon Gold") 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...
2020-09-14 4:30 PM EDT
Galleon Gold Discovers Up-Dip Extension to the High-Grade West Deep Gold Zone at Its West Cache Gold Project, Timmins, Ontario
Toronto, Ontario--(Newsfile Corp. - September 9, 2020) - Galleon Gold Corp. (TSXV: GGO) (the "Company" or "Galleon Gold") 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 (31 feet of 0.209 opt Au) that includes a higher grade sub-interval returning 14.75 g/t Au over...
2020-09-09 7:30 AM EDT
Galleon Gold Closes Shares for Debt Settlement
Toronto, Ontario--(Newsfile Corp. - July 13, 2020) - Galleon Gold Corp. (TSXV: GGO) (the "Company" or "Galleon Gold") announces it has closed the previously announced debt settlement for services rendered to Explor Resources Inc. (the "Debt Settlement") (see press release dated July 6, 2020). Under terms of the Debt Settlement the Company and service provider have come to terms with respect to a contract dispute and monies owed by Explor Resources prior to its amalgamation with Galleon Gold....
2020-07-13 5:00 PM EDT
Galleon Gold Expands Land Position at West Cache Gold Project, Timmins Ontario and Provides Corporate Update
Toronto, Ontario--(Newsfile Corp. - July 6, 2020) - Galleon Gold Corp. (TSXV: GGO) (the "Company" or "Galleon Gold") is pleased to announce that it has expanded its land position at the West Cache Gold Project, Timmins, Ontario. The Company has acquired 8 patent claims, in the Ogden Township, contiguous to the eastern boundary of the property. This private land has been held by the Dwyer family for over 100 years, it was originally purchased by Fredrick D. Dwyer as a gold prospect. Galleon...
2020-07-06 10:31 AM EDT
Galleon Gold Commences Drilling at the West Cache Gold Project, Timmins Ontario.
Toronto, Ontario--(Newsfile Corp. - June 29, 2020) - Galleon Gold Corp. (TSXV: GGO) (the "Company" or "Galleon Gold") is pleased to report phase one drilling has commenced at the Company's 100% owned West Cache Gold Project (the "Project"), located 13 km west of Timmins, Ontario. The phase one program is projected to consist of approximately 4,000 meters of infill diamond core drilling. This initial drilling is designed to provide better definition and confirm geological continuity of...
2020-06-29 8:11 AM EDT
Galleon Gold Closes on Second Tranche, Completes $4.5 Million Private Placement and Closes Settlement of Debentures
Toronto, Ontario--(Newsfile Corp. - June 12, 2020) - Galleon Gold Corp. (TSXV: GGO) (the "Company") is pleased to announce that it has closed a second (the "Second Tranche Offering") and final tranche of its previously announced non-brokered private placement for aggregate gross proceeds of C$1,328,060 of (i) 5,600,000 units of the Company (the "Units") at a price of C$0.05 per Unit and (ii) 19,055,636 flow-through units (the "FT Units") at a price of C$0.055 per FT Unit. Aggregate gross...
2020-06-12 8:00 AM EDT
Galleon Gold Acquires Additional Interest in the Neal Gold Project and Increases Previously Announced Private Placement
Toronto, Ontario--(Newsfile Corp. - June 3, 2020) - Galleon Gold Corp. (TSXV: GGO) (the "Company" or "Galleon Gold") announces that it has signed an agreement (the "Agreement") to acquire an additional interest in the Neal Development Limited Partnership ("Neal LP"). Neal LP was formed to own and operate the mineral lease comprising the Neal Gold Project, located 27 km southeast of Boise, Idaho (the "Project"). The Company and Eric Sprott are partners on the Project (see press release dated...
2020-06-03 10:53 AM EDT