Galleon Gold Corp.

Galleon Gold Corp. is pleased to announce that its previously announced brokered private placement will now consist of up to C$3.5 million of units at a price of C$0.12 per Unit and the remaining balance in flow-through units to traditional flow-through purchasers at a price of C$0.135 per FT Unit and to charitable flow-through purchasers at a price of C$0.17 per FT Unit, for total gross proceeds of up to C$8.0 million [...]

Galleon Gold Corp. 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 immeasurable. Mr. R. David Russell [...]

Galleon Gold Corp. is pleased to announce that it has entered into an agreement with Red Cloud Securities Inc., as lead agent and sole bookrunner , on its own behalf and, if applicable, on behalf of a syndicate of agents in connection with a best efforts private placement for aggregate gross proceeds of up to C$8.0 million . The Offering will be comprised of the following: up to C$3.0 million of units of the Company at a [...]

Galleon Gold Corp. 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 industry, Michael has been a trusted [...]

Galleon Gold Corp. 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 that includes a higher grade sub-interval returning 14.75 g/t Au over 3.0 meters . WC-20-030, was extended to intercept the [...]

Galleon Gold Corp. announces it has closed the previously announced debt settlement for services rendered to Explor Resources Inc. . 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. The Company has issued 4,500,000 common shares to the service provider to settle all [...]

Galleon Gold Corp. 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 Gold is very pleased that [...]

Galleon Gold Corp. is pleased to report phase one drilling has commenced at the Company's 100% owned West Cache Gold 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 mineralized gold zones in contemplated open pit [...]

Galleon Gold Corp. is pleased to announce that it has closed a second and final tranche of its previously announced non-brokered private placement for aggregate gross proceeds of C$1,328,060 of 5,600,000 units of the Company at a price of C$0.05 per Unit and 19,055,636 flow-through units at a price of C$0.055 per FT Unit. Aggregate gross proceeds from the first tranche , which closed on May 25, 2020, and the Second [...]

Galleon Gold Corp. announces that it has signed an agreement to acquire an additional interest in the Neal Development Limited Partnership . Neal LP was formed to own and operate the mineral lease comprising the Neal Gold Project, located 27 km southeast of Boise, Idaho . The Company and Eric Sprott are partners on the Project . The Company is acquiring all rights and assets in the Neal LP that are currently held by a [...]