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 [...]
Galleon Gold Corp. is pleased to announce it has entered into an 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 will pay [...]
Galleon Gold Corp. announces that Chris Dupont has advised the Company he is retiring from all positions held with the Company. As a director and COO, Mr. Dupont made significant contributions to the Company and its flagship West Cache Gold Project. David Russell commented: "On behalf of the Board, I would like to thank Chris for his dedication to the Company, and to Explor Resources over the past decade. We wish him well [...]
Galleon Gold Corp. is pleased to announce very favourable results from ongoing metallurgical test work performed on three composited core-based bulk samples from Zone #9 at its 100% owned West Cache Gold Project, Timmins, Ontario. Three primary processing options for gold recovery have been studied at the SGS Lakefield, Ontario facility: 1) Gravity - Flotation, 2) Whole Ore, and 3) Gravity - Whole Ore. Results from all [...]
Galleon Gold Corp. is pleased to announce final assay results from the 2021 East Pit extension drill program at the Company's 100% owned West Cache Gold Project, Timmins, Ontario. With all assays now complete for this area, results continue to confirm the easterly extension of multiple gold zones. This information can now be included in the PEA resource model. Final East Pit Area Extension Drilling Summary: Eastward [...]
Galleon Gold Corp. is pleased to announce the discovery of a new mineralized area with multiple gold zones at its 100% owned West Cache Gold Project, Timmins, Ontario. South Area Discovery - multiple gold zones with significant grades and widths Located in previously undrilled area 50-250 meters south of Zone #9 Higher grade intercepts, include: WC-21-198 with 2.0 m at 14.54 g/t Au WC-21-192 with 2.0 m at 7.96 g/t Au [...]
Galleon Gold Corp. provides the following corporate updates. The Company is pleased to announce that all of the resolutions put forth at the Annual and Special Meeting of Shareholders held on June 23, 2021 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 [...]
Galleon Gold Corp. is pleased to announce positive results from the initial metallurgical test work performed on samples from Zone #9 at its 100% owned West Cache Gold Project, Timmins, Ontario. Whole Ore Cyanide Leaching Tests Recovered up to 96% Au Note from the CEO- R. David Russell CEO and President of Galleon Gold comments, "These initial test results are outstanding. We are very pleased with the recovery rates which [...]
Galleon Gold Corp. announces that the Company will be extending the exercise period of a total of 1,416,667 share purchase warrants, all of which are exercisable at $0.12 per share . The Warrants were issued pursuant to a private placement which closed over two tranches in June and July 2019. The Company proposes to extend the expiry dates for all Warrants by one year, and accordingly, the new expiry dates for the [...]
Results include 4.96 g/t Au over 5.7 m Galleon Gold Corp. is pleased to announce additional Zone #9 intercepts from its 100% owned West Cache Gold Project, Timmins, Ontario. Zone #9 - Near surface extension of mineralized zone WC-21-148 intersected 2.78 g/t Au over 5.0 m , including 9.29 g/t Au over 1.0 m ; true thickness of these intervals is estimated at 91% of the reported intercept length WC-21-184 intersected 3.70 [...]