Galleon Gold Corp (GGO)

Galleon Gold Hits 16.07 g/t Au over 9.25 m in Major Down-Dip Extension of Zone #9 at West CacheMay 27, 2026 7:27 AM
NewsfileToronto, Ontario--(Newsfile Corp. - May 27, 2026) - Galleon Gold Corp. (TSXV: GGO) (OTCQX: GGOXF) (FSE: 3H90) (the "Company" or "Galleon Gold") announces results of a drill intercept in a highly strategic location at its 100%-owned West Cache Gold Project (the "Project" or "West Cache") in Timmins, Ontario. The intercept further reinforces the potential scale and significance of Zone #9.WC-26-237 Highlights WC-26-237 with 12.69 g/t Au over 12.35 m including 16.07 g/t Au over 9.25 mHigh grade hosted in a broad intercept of 4.07 g/t Au over 40.9 mIntercept is located 275 meters down-dip from high grade Zone #9 intercepts and the area of the planned bulk sample"Intersecting 16.07 g/t gold over more than 9 meters — within nearly 41 meters grading 4.07 g/t gold — is one of the most significant drill holes completed to date at West Cache, and results of this scale and grade have the potential to materially enhance the economics of the Project," said David Russell, CEO & President. "This intercept also provides strong confidence that the mineralized shoot extending from the 2020 discovery of Zone #9 near surface down to the historic West Deep drilling may in fact be continuous, or that we are dealing with multiple high-grade shoots. Credit goes to our VP Exploration, Leah Page, who planned and is executing this highly successful 2026 drill program." How This Drilling Corridor Relates to the Bulk SampleOver the past several months, the Company has provided regular updates on its planned, fully financed 86,500 tonne bulk sample program. Surface construction has advanced on schedule, with completion of the access roads, hydro line, and box cut excavation. The bulk sample is designed to extract Zone #9 material between the 150m and 210m levels. The WC-26-237 intercept is located approximately 295 meters down-plunge (275 meters down-dip) from the planned bulk sample stopes and 440 vertical meters below surface. Approximately 200 meters of the projected plunge between the bulk sample area and the high-grade intercept remains untested. Geological Overview of WC-26-237 InterceptThe high-grade intercept in WC-26-237 is hosted in sheared greywacke, siltstone, and mudstone of the Porcupine Assemblage. Semi-massive to massive sulphide and "buckshot" bands of pyrite, red sphalerite, and chalcopyrite comprise the dominant mineralization style, along with fine-grained, disseminated pyrite. Low angle (relative to core axis) structures and ductile deformation that crosscut the dominant foliation and bedding are evident up to 75-meters into the zone's hanging wall and persist through the mineralized footwall. Shearing and deformation are most pronounced in the hanging wall and footwall of the intercept where tight folding, kink bands, and en-echelon tension gashes are prominent. While the structural indicators are apparent in higher-elevation intercepts on Zone #9 in the planned bulk sampling area, their intensity is greater in the WC-26-237 intercept. The mineralization style, structural features, and grade continuity are key indicators that the WC-26-237 intercept is part of the Zone #9 system at depth.As stated in the Company's 2022 Preliminary Economic Assessment, an interpretation of a northerly-northwesterly plunge of Zone #9 was being evaluated, which aligns with the WC-26-237 intercept. The plunge was first tested with WC-26-236 (assays pending) which was drilled 75-meters to the east of WC-26-237. Following the WC-26-237 intersection, the Company attempted to offset the high-grade intercept lower on the projected plunge with WC-26-238, and higher on-plunge with WC-26-240. Assays from those holes are also pending. Figures and TablesFigure 1 and 2 show cross-sectional views of holes WC-26-236 to WC-26-240 in relation to other Zone #9 intercepts and the West Deep while Figure 3 provides core photos of the intercept's high-grade sulphide mineralization and the mineralized footwall approximately 30-meters below the intercept. Table 1 outlines the composited assay intervals and true thickness estimation for the high-grade intercept. The drill hole intersection of the mineralized zone was nearly perpendicular, as shown in the core photos in Figure 3. The WC-26-237 intercept along with logging information from WC-26-236, WC-26-238 and WC-26-240 have prompted reinterpretation of the Zone #9 longitudinal section, which is pending the receipt of assay data from the other 2026 intervals.Table 1 - Assay ResultsWC-26-237Hole IDAzimuthDipTD¹From (m)To (m)Length (m)Length (TT)²Au (g/t)WC-26-237188-70642516.00556.9040.9040.284.07including


530.00551.5021.5021.177.48including


530.00542.3512.3512.1612.69including


531.10540.359.259.1116.07including


532.40537.405.004.9219.49








¹TD is the Total Depth of the Drill Hole²Length (TT) is the intercept's true thickness, calculated from mineralization angles relative to core axis; Zone #9 true thickness is an average of 96%; The true thickness of the WC-26-237 intercept is approximately 98.5%.  Figure 1 – 3D Cross Sectional View of WC-26-237 Intercept and Bulk Sample AreaTo view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/1014/298961_577fe341749159f0_001full.jpgFigure 2 – 3D View of High-Grade Mineralization in Zone #9 and the West DeepTo view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/1014/298961_577fe341749159f0_002full.jpgFigure 3 – Core Photos of High-Grade Mineralization in WC-26-237To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/1014/298961_577fe341749159f0_003full.jpgTechnical Content and Qualified PersonThe technical content of this news release has been reviewed and approved by Leah Page, P.Geo, Vice President, Exploration and a Qualified Person ("QP") as defined in National Instrument 43-101 – Standards of Disclosure for Mineral Projects.Quality Assurance (QA) / Quality Control (QC)Quality Control and Assurance procedures and protocols are executed to ensure sampling and analysis of all exploration work is conducted in accordance with best practices. Core produced at the West Cache Property is delivered to the Company's Timmins logging facility by the drill contractor with all logging, cutting, labeling, and bagging completed under supervision of Qualified Geologists. NQ sized core is predominantly sawn in half with one half of the core prepared for shipment, while the other half is retained for future assay verification. Core samples are transported from the Company's Timmins logging facility to AGAT Laboratories in Thunder Bay, Ontario for both prep and 30g fire assay analysis. Results are reported in batches of 60-72 samples and average 4-5 QC samples per certificate. Commercially prepared certified reference material (CRM) and duplicate samples are inserted at an average rate of 6% to 8%. At least one blank, standard and duplicate (pulp or coarse) is inserted for every 50 samples and additional QC samples are inserted at the Geologist's discretion. All samples reported have been checked against the Company's internal, and the Lab's, quality control samples. About the West Cache Gold ProjectThe West Cache Gold Project is an advanced-stage gold exploration project covering approximately 11,600 ha located 13 km west of Timmins, Ontario on Provincial Highway 101. It is situated in the Western Porcupine Gold Camp along the Destor-Porcupine Fault Zone within the Abitibi greenstone belt, approximately 7 km northeast of Pan American Silver's Timmins West Mine. The mining lease area hosts the current Mineral Resource Estimate near the center, with additional exploration targets to the north and south. The Mineral Resource Estimate is contained within the Porcupine Sedimentary Basin, a favourable litho-structural corridor with over 5 km of strike-length on the Property. Mineralization is open in all directions and at depth.About Galleon GoldGalleon Gold is advancing the West Cache Gold Project with a disciplined, de-risking strategy centered on resource growth and an upcoming 86,500-tonne bulk sample program, positioning the Company to unlock long-term shareholder value.For further information:
Galleon Gold
R. David Russell
Chairman and CEO
T. (416) 644-0066
info@galleongold.comGraham Farrell
Investor Relations
T. (416) 842-9003
grahamfarrell@galleongold.comForward-Looking StatementsThis news release contains certain "forward-looking statements", as defined under applicable Canadian securities laws, that reflect the current views and/or expectations of Galleon Gold with respect to its long-term strategy, financing plans, proposed work, plans, bulk sample program and other reports including the PEA for its projects. Forward-looking statements are based on the then-current expectations, beliefs, assumptions, estimates and forecasts about the business and the markets in which Galleon Gold operates. Some of the statements contained herein may be forward-looking statements which involve known and unknown risks and uncertainties. Without limitation, statements regarding the use of the proceeds of from the Facility, the sufficiency of funds to complete and the completion of the potential mineralization and resources, exploration results, expectations, plans, and objectives of Galleon Gold are forward-looking statements that involve various risks. The following are important factors that could cause Galleon Gold's actual results to differ materially from those expressed or implied by such forward-looking statements: changes in the world-wide price of mineral commodities, general market conditions and uncertainty of access to additional capital, risks inherent in mineral exploration, delays in the receipt of government approvals, risks associated with development, construction, mining operations and third party contractor activities, risks related to unanticipated events related to health, safety and environmental matters. There can be no assurance that forward-looking statements will prove to be accurate as actual results and future events may differ materially from those anticipated in such statements. Galleon Gold undertakes no obligation to update such forward-looking statements if circumstances or management's estimates or opinions should change. The reader is cautioned not to place undue reliance on such forward-looking statements.Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.To view the source version of this press release, please visit https://www.newsfilecorp.com/release/298961 Original: Galleon Gold Hits 16.07 g/t Au over 9.25 m in Major Down-Dip Extension of Zone #9 at West Cache

Galleon Gold's 2026 Drilling Confirms Down-Dip Continuity at Zone #9 and Expands South Zone FootprintMay 21, 2026 7:27 AM
NewsfileToronto, Ontario--(Newsfile Corp. - May 21, 2026) - Galleon Gold Corp. (TSXV: GGO) (OTCQX: GGOXF) (FSE: 3H90) (the "Company" or "Galleon Gold") is pleased to announce the first set of drill results from the 2026 drill program at its 100% owned West Cache Gold Project (the "Project" or "West Cache") in Timmins, Ontario. The initial holes of the planned 18,000-meter drilling program were designed to test the down-dip extension of Zone #9 mineralization beneath the planned bulk sample stopes and investigate the geological controls on mineralization within the South Zone, which is directly to the south of Zone #9 and in close proximity to the planned bulk sample ramps. Five (5) holes with complete assay reporting are included in this press release, as well as partial results from two (2) holes. Zone #9 HighlightsWC-26-227 with 5.16 g/t Au over 3.00 m 25 m below surface and within an intercept of 2.14 g/t Au over 11 m.WC-26-234 with 5.04 g/t Au over 5.91 m within a broad intercept of 2.10 g/t Au over 22 m.WC-26-235 with 5.13 g/t Au over 9.97 m including 8.81 g/t Au over 4.1 m within a broader intercept of 3.00 g/t Au over 18.75 m.South Zone HighlightsWC-26-227 with 7.77 g/t Au over 1.00 m within an intercept of 3.87 g/t Au over 2.05 m. WC-26-227 with 2.61 g/t Au over 5.10 m including 6.15 g/t Au over 2.00 m."We are very pleased with these initial drill results, which confirm grade continuity below our planned bulk sample stope areas, as well as within the upper portions of Zone #9 near surface. In addition, the footwall and hanging wall of Zone #9 are consistently returning broad intervals grading 1 to 3 g/t gold surrounding a higher-grade core. These mineralized envelopes become increasingly significant in the current gold market," said David Russell, CEO of Galleon Gold. "We are just starting to scratch the surface in understanding the South Zone but are pleased to see the numerous mineralized intervals are being encountered at the predicted depths."Overview of the Drill Holes Holes WC-26-234 and WC-26-235 were designed to test both Zone #9 and the South Zones. The Zone #9 targets were aimed at evaluating mineralization down dip from the four stopes that comprise the Company's 86,500-tonne bulk sample program. Results from these holes indicate continuity of mineralization in this area and suggest that additional development could yield results comparable to those anticipated from the bulk sample. These holes were extended beyond the Zone #9 footwall so that they intersected mineralization within the Upper South Zones. Assay results for the South Zone intercepts are currently pending.The Upper South Zones have shown continuity along strike and down-dip and are within 50-meters of the planned bulk sample ramps. The Company began the 2026 drilling program with the South Zone drilling to take advantage of winter access to the area south of Zone #9. Holes WC-26-227 to 233 were designed to obtain information regarding the controls and strike extent of the South Zone mineralization. All holes intersected mineralization within the Upper, Mid, and Lower South Zones. Early review of the 2026 Mid South Zone intercepts indicate that the mineralized zones extend across the two dominant lithologies and over 100-meters to the east of a diabase unit that was previously interpreted to be the eastern margin of South Zone mineralization.Five (5) of the South Zone holes were drilled at a 25-meter spacing along strike (west to east) for modelling purposes and to evaluate the up-dip control of high-grade mineralization seen in 2022 drill holes. Assays are pending from holes WC-26-232 and WC-26-233, which were drilled 50 meters to the west of intercepts reported in this press release. Figures and TablesFigure 1 shows a 3D cross sectional view of Zone #9, the South Zones, and the deeper, high-grade West Deep Zone. Figure 2 provides a cross section of 464,050E and the location of drill holes WC-26-234 and WC-26-235 as well as WC-26-230 and the lower part of WC-26-231. Figure 3 is a cross-sectional view of WC-26-227, 150 meters to the east of Figure 2. Table #1 includes a summary of selected gold intercepts announced in this press release.Figure 1 - 3D Cross Section Looking EastTo view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/1014/298282_99f8a95494b368b8_001full.jpgFigure 2 - Cross Section 464,050ETo view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/1014/298282_99f8a95494b368b8_002full.jpgFigure 3 - Cross Section 464,200ETo view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/1014/298282_99f8a95494b368b8_003full.jpgTable 1 - Assay Results Zone #9 InterceptsHole IDAzimuthDipTD¹From (m)To (m)Length (m)Length(TT)²Au (g/t)WC-26-227180-5044426.0037.0011.009.972.14including


26.0029.003.002.725.16








WC-26-227


44.0053.009.008.460.47








WC-26-234³182-52459242.00264.0022.0021.252.10including


253.00262.979.979.633.56including


257.06262.975.915.715.04








WC-26-235³182-52528287.25306.0018.7518.583.00including


296.03306.009.979.885.13including


298.05302.154.103.948.81Upper South Zone InterceptsHole IDAzimuthDipTD¹From (m)To (m)Length (m)Length(TT)²Au (g/t)WC-26-227180-50444149.50154.505.004.530.72including


153.00154.501.501.361.18








WC-26-227


211.00215.004.003.061.06including


212.00213.201.200.923.23








WC-26-227


219.00221.052.051.683.87including


220.05221.051.000.827.77








WC-26-228180-5236921.9023.401.501.301.50








WC-26-231180-5139389.1590.000.850.742.26








WC-26-231


109.00112.003.002.821.00Mid South Zone InterceptsHole IDAzimuthDipTD¹From (m)To (m)Length (m)Length(TT)²Au (g/t)WC-26-227180-50444272.70277.805.104.622.61including


275.80277.802.001.816.15








WC-26-228180-52369230.50240.259.758.840.51including


234.50238.754.253.850.99








WC-26-229180-52369230.20232.202.00N/A1.01








WC-26-230180-52372208.50225.6017.1015.500.43including


219.40225.606.205.620.58








WC-26-230


251.50267.5516.0514.550.40including


262.00267.555.555.030.55








WC-26-231180-51393203.00204.001.001.001.98








WC-26-231


213.30219.005.705.510.78








WC-26-231


241.97247.205.234.910.93








WC-26-231


253.00255.002.001.881.75Lower South Zone InterceptsHole IDAzimuthDipTD¹From (m)To (m)Length (m)Length(TT)²Au (g/t)WC-26-228180-52369291.50299.007.507.051.23including


291.50294.653.152.962.06








WC-26-229180-52369298.30301.002.70N/A0.76








WC-26-231180-51393330.60334.604.003.860.67
¹TD is the Total Depth of the Drill Hole²Length (TT) is the intercept's true thickness, calculated from mineralization angles relative to core axis; Zone #9 true thickness is an average of 96%; South Zone true thickness is an average of 90%³Assays pending from Upper South Zone The Company is currently drilling on the down-plunge projection of Zone #9 approximately 450 vertical meters below surface. Assays are pending for the drill holes in that area. Technical Content and Qualified PersonThe technical content of this news release has been reviewed and approved by Leah Page, P.Geo, Vice President, Exploration and a Qualified Person ("QP") as defined in National Instrument 43-101 - Standards of Disclosure for Mineral Projects.Quality Assurance (QA) / Quality Control (QC)Quality Control and Assurance procedures and protocols are executed to ensure sampling and analysis of all exploration work is conducted in accordance with best practices. Core produced at the West Cache Property is delivered to the Company's Timmins logging facility by the drill contractor with all logging, cutting, labeling, and bagging completed under supervision of Qualified Geologists. NQ sized core is predominantly sawn in half with one half of the core prepared for shipment, while the other half is retained for future assay verification. Core samples are transported from the Company's Timmins logging facility to AGAT Laboratories in Thunder Bay, Ontario for both prep and 30g fire assay analysis. Results are reported in batches of 60-72 samples and average 4-5 QC samples per certificate. Commercially prepared certified reference material (CRM) and duplicate samples are inserted at an average rate of 6% to 8%. At least one blank, standard and duplicate (pulp or coarse) is inserted for every 50 samples and additional QC samples are inserted at the Geologist's discretion. All samples reported have been checked against the Company's internal, and the Lab's, quality control samples. About the West Cache Gold ProjectThe West Cache Gold Project is an advanced-stage gold exploration project covering approximately 11,600 ha located 13 km west of Timmins, Ontario on Provincial Highway 101. It is situated in the Western Porcupine Gold Camp along the Destor-Porcupine Fault Zone within the Abitibi greenstone belt, approximately 7 km northeast of Pan American Silver's Timmins West Mine. The mining lease area hosts the current Mineral Resource Estimate near the center, with additional exploration targets to the north and south. The Mineral Resource Estimate is contained within the Porcupine Sedimentary Basin, a favourable litho-structural corridor with over 5 km of strike-length on the Property. Mineralization is open in all directions and at depth.About Galleon GoldGalleon Gold is advancing the West Cache Gold Project with a disciplined, de-risking strategy centered on resource growth and an upcoming 86,500-tonne bulk sample program, positioning the Company to unlock long-term shareholder value. For further information:Galleon Gold
R. David Russell
Chairman and CEO
T. (416) 644-0066
info@galleongold.comGraham Farrell
Investor Relations
T. (416) 842-9003
grahamfarrell@galleongold.comForward-Looking StatementsThis news release contains certain "forward looking statements", as defined under applicable Canadian securities laws, that reflect the current views and/or expectations of Galleon Gold with respect to its long-term strategy, financing plans, proposed work, plans, bulk sample program and other reports including the PEA for its projects. Forward-looking statements are based on the then-current expectations, beliefs, assumptions, estimates and forecasts about the business and the markets in which Galleon Gold operates. Some of the statements contained herein may be forward-looking statements which involve known and unknown risks and uncertainties. Without limitation, statements regarding the use of the proceeds of from the Facility, the sufficiency of funds to complete and the completion of the potential mineralization and resources, exploration results, expectations, plans, and objectives of Galleon Gold are forward-looking statements that involve various risks. The following are important factors that could cause Galleon Gold's actual results to differ materially from those expressed or implied by such forward-looking statements: changes in the world-wide price of mineral commodities, general market conditions and uncertainty of access to additional capital, risks inherent in mineral exploration, delays in the receipt of government approvals, risks associated with development, construction, mining operations and third party contractor activities, risks related to unanticipated events related to health, safety and environmental matters. There can be no assurance that forward-looking statements will prove to be accurate as actual results and future events may differ materially from those anticipated in such statements. Galleon Gold undertakes no obligation to update such forward-looking statements if circumstances or management's estimates or opinions should change. The reader is cautioned not to place undue reliance on such forward-looking statements.Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.To view the source version of this press release, please visit https://www.newsfilecorp.com/release/298282 Original: Galleon Gold's 2026 Drilling Confirms Down-Dip Continuity at Zone #9 and Expands South Zone Footprint

Galleon Gold Announces Results of Annual and Special Meeting of ShareholdersMay 20, 2026 4:01 PM
NewsfileToronto, Ontario--(Newsfile Corp. - May 20, 2026) -  Galleon Gold Corp. (TSXV: GGO) (OTCQX: GGOXF) (FSE: 3H90) (the "Company" or "Galleon Gold") is pleased to announce that all resolutions presented at the Annual and Special Meeting of Shareholders (the "Meeting") held on May 20, 2026, were duly approved by shareholders.At the Meeting, shareholders elected the following directors to serve for the ensuing year: R. David Russell, Thomas Kofman, James T. O'Neil Jr., Mario Colantonio, Michael Hobart and Richard F. Nanna.Mr. Gerhard Merkel did not stand for re-election and will transition to an advisory role with the Board of Directors. The Board would like to thank Mr. Merkel for his many years of dedicated service and valuable contributions as a director of the Company.At the Meeting, disinterested shareholders were asked to consider an ordinary resolution approving the potential issuance of up to 27,152,777 common shares on the exercise or conversion of certain warrants and a convertible debenture held by Pan American Silver Corp. ("Pan American") which would result in the creation of a new Control Person (the "Control Person Resolution"). Of the votes cast at the Meeting in person or by proxy by disinterested shareholders, 99.8% were cast in favour of the Control Person Resolution. All votes attached to the 19,824,766 Common Shares held by Pan American were excluded in determining whether the Control Person Resolution was approved. Shareholders also approved resolutions to re-appoint Grant Thornton LLP as independent auditors of the Company and for the continuation of the Company's stock option plan.Canadian Mining Expo in TimminsThe Company will be attending the Canadian Mining Expo (CME) in Timmins, Ontario from June 10 to June 11, 2026, at the McIntyre Complex. Please drop by the booth if you are attending the conference.About Galleon GoldGalleon Gold is advancing the West Cache Gold Project with a disciplined, de-risking strategy centered on resource growth and an upcoming 86,500-tonne bulk sample program, positioning the Company to unlock long-term shareholder value. For further information:Galleon Gold
R. David Russell
Chairman and CEO
T. (416) 644-0066
info@galleongold.comGraham Farrell
Investor Relations
T. (416) 842-9003
grahamfarrell@galleongold.comForward-Looking StatementsThis news release contains certain "forward looking statements", as defined under applicable Canadian securities laws, that reflect the current views and/or expectations of Galleon Gold with respect to its long-term strategy, financing plans, proposed work, plans, bulk sample program and other reports including the PEA for its projects. Forward-looking statements are based on the then-current expectations, beliefs, assumptions, estimates and forecasts about the business and the markets in which Galleon Gold operates. Some of the statements contained herein may be forward-looking statements which involve known and unknown risks and uncertainties. Without limitation, statements regarding the use of the proceeds of from the Facility, the sufficiency of funds to complete and the completion of the potential mineralization and resources, exploration results, expectations, plans, and objectives of Galleon Gold are forward-looking statements that involve various risks. The following are important factors that could cause Galleon Gold's actual results to differ materially from those expressed or implied by such forward-looking statements: changes in the world-wide price of mineral commodities, general market conditions and uncertainty of access to additional capital, risks inherent in mineral exploration, delays in the receipt of government approvals, risks associated with development, construction, mining operations and third party contractor activities, risks related to unanticipated events related to health, safety and environmental matters. There can be no assurance that forward-looking statements will prove to be accurate as actual results and future events may differ materially from those anticipated in such statements. Galleon Gold undertakes no obligation to update such forward-looking statements if circumstances or management's estimates or opinions should change. The reader is cautioned not to place undue reliance on such forward-looking statements.Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.To view the source version of this press release, please visit https://www.newsfilecorp.com/release/298221 Original: Galleon Gold Announces Results of Annual and Special Meeting of Shareholders

Galleon Gold Announces Interest Payment on Convertible DebenturesMay 1, 2026 5:00 PM
NewsfileToronto, Ontario--(Newsfile Corp. - May 1, 2026) - Galleon Gold Corp. (TSXV: GGO) (OTCQX: GGOXF) (FSE: 3H90) (the "Company" or "Galleon Gold") announces that under the terms of the convertible debentures (the "Convertible Debentures") issued on April 12, 2024, April 19, 2024 and April 29, 2024 (see news releases dated April 12, 19, and 29, 2024) it has elected to satisfy its obligation to pay interest accrued by issuing common shares (the "Common Shares").Under the terms of the Convertible Debentures, no fractional Common Shares will be issued upon payment of the interest obligation. The Common Shares will be priced based on the greater of the Market Price (as defined in the policies of the TSXV) and the 15-day volume-weighted average closing price of the Common Shares on the TSXV preceding the applicable interest payment date.The issuance of Common Shares in payment of interest remains subject to the approval of the TSX Venture Exchange (the "Exchange"). The Common Shares to be issued in respect of the Interest Payment will be subject to a hold period of four months from the date of issuance.Convertible Debentures issued on April 12, 2024 and April 19, 2024An aggregate of $86,537 in interest accrued on the Convertible Debentures will be satisfied by issuing to such debenture holders for the interest payment due April 12, 2026 and April 19, 2026, an aggregate of 83,551 common shares of the Company.Convertible Debentures issued on April 29, 2024An aggregate of $27,861 in interest accrued on the Convertible Debentures will be satisfied by issuing to such debenture holders for the interest payment due April 29, 2026 an aggregate of 27,315 common shares of the Company.Certain officers and an insider and of the Company are holders of the Convertible Debentures. As a result, the Interest Payment is considered to be a "related party transaction" under Multilateral Instrument 61-101 - Protection of Minority Security Holders in Special Transactions ("MI 61-101"). The Interest Payment in respect of this individual is exempt from the minority approval and formal valuation requirements of MI 61-101 pursuant to subsections 5.5(b) and 5.7(1)(a) of MI 61-101 as neither the fair market value of the debt, nor the fair market value of the shares to be issued in settlement of the debt, exceeds 25% of the Company's market capitalization.About Galleon GoldGalleon Gold is advancing the West Cache Gold Project with a disciplined, de-risking strategy centered on resource growth and an upcoming 86,500-tonne bulk sample program, positioning the Company to unlock long-term shareholder value. For further information:Galleon Gold
R. David Russell
Chairman and CEO
T. (416) 644-0066
info@galleongold.comGraham Farrell
Investor Relations
T. (416) 842-9003
grahamfarrell@galleongold.comForward-Looking StatementsThis news release contains certain "forward looking statements", as defined under applicable Canadian securities laws, that reflect the current views and/or expectations of Galleon Gold with respect to its long-term strategy, financing plans, proposed work, plans, bulk sample program and other reports including the PEA for its projects. Forward-looking statements are based on the then-current expectations, beliefs, assumptions, estimates and forecasts about the business and the markets in which Galleon Gold operates. Some of the statements contained herein may be forward-looking statements which involve known and unknown risks and uncertainties. Without limitation, statements regarding the use of the proceeds of from the Facility, the sufficiency of funds to complete and the completion of the potential mineralization and resources, exploration results, expectations, plans, and objectives of Galleon Gold are forward-looking statements that involve various risks. The following are important factors that could cause Galleon Gold's actual results to differ materially from those expressed or implied by such forward-looking statements: changes in the world-wide price of mineral commodities, general market conditions and uncertainty of access to additional capital, risks inherent in mineral exploration, delays in the receipt of government approvals, risks associated with development, construction, mining operations and third party contractor activities, risks related to unanticipated events related to health, safety and environmental matters. There can be no assurance that forward-looking statements will prove to be accurate as actual results and future events may differ materially from those anticipated in such statements. Galleon Gold undertakes no obligation to update such forward-looking statements if circumstances or management's estimates or opinions should change. The reader is cautioned not to place undue reliance on such forward-looking statements.Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.To view the source version of this press release, please visit https://www.newsfilecorp.com/release/295548
Original: Galleon Gold Announces Interest Payment on Convertible Debentures

Galleon Gold Amends Credit Agreement with Pan American SilverMarch 31, 2026 8:00 AM
NewsfileToronto, Ontario--(Newsfile Corp. - March 31, 2026) - Galleon Gold Corp. (TSXV: GGO) (OTCQX: GGOXF) (FSE: 3H90) (the "Company" or "Galleon Gold") announces that the Company and Pan American Silver Corp. ("Pan American") have made an amendment to the credit agreement (the "Credit Agreement") for the outstanding credit facility provided by Pan American and detailed in the Company's December 30, 2025 press release.The amendment agreement (the "Amendment") formalizes the parties' prior agreement to remove the provisions permitting the Company to satisfy interest payments and standby fees through the issuance of common shares of the Company. Pursuant to the Amendment, such provisions have been removed from the Credit Agreement and accordingly, all interest and standby fee obligations under the Credit Agreement will be payable exclusively in cash.All other material terms of the Credit Agreement remain unchanged and continue in full force and effect. Pan American Silver is a related party of the Company for purposes of Multilateral Instrument?61-101 - Protection of Minority Security Holders in Special Transactions ("MI?61-101"), and the Amendment constitutes a "related party transaction" for the Company under MI 61-101. In connection with the Amendment, the Company has relied on the exemption from the formal valuation requirement under Section 5.5(b) of MI 61-101 as the Company's Common Shares are not listed or quoted on a specified market, and exemption from the minority shareholder approval requirement under Section 5.7(1)(f) of MI 61-101, as the credit facility, as amended, is now a commercial loan with no equity or voting component. Grant of Stock OptionsThe Company also announces that pursuant to the Company' stock option plan (the "Plan") a total of 875,000 stock options have been granted to directors, officers, employees and consultants of the Company. The options are exercisable into one common share of the Company at a price of $0.98, vest immediately and expire on March 31, 2031.About Galleon GoldGalleon Gold is advancing the West Cache Gold Project with a disciplined, de-risking strategy centered on resource growth and an upcoming 86,500-tonne bulk sample program, positioning the Company to unlock long-term shareholder value. For further information:
Galleon Gold
R. David Russell
Chairman and CEO
T. (416) 644-0066
info@galleongold.comGraham Farrell
Investor Relations
T. (416) 842-9003
grahamfarrell@galleongold.comForward-Looking StatementsThis news release contains certain "forward looking statements", as defined under applicable Canadian securities laws, that reflect the current views and/or expectations of Galleon Gold with respect to its long-term strategy, financing plans, proposed work, plans, bulk sample program and other reports including the PEA for its projects. Forward-looking statements are based on the then-current expectations, beliefs, assumptions, estimates and forecasts about the business and the markets in which Galleon Gold operates. Some of the statements contained herein may be forward-looking statements which involve known and unknown risks and uncertainties. Without limitation, statements regarding the use of the proceeds of from the Facility, the sufficiency of funds to complete and the completion of the potential mineralization and resources, exploration results, expectations, plans, and objectives of Galleon Gold are forward-looking statements that involve various risks. The following are important factors that could cause Galleon Gold's actual results to differ materially from those expressed or implied by such forward-looking statements: changes in the world-wide price of mineral commodities, general market conditions and uncertainty of access to additional capital, risks inherent in mineral exploration, delays in the receipt of government approvals, risks associated with development, construction, mining operations and third party contractor activities, risks related to unanticipated events related to health, safety and environmental matters. There can be no assurance that forward-looking statements will prove to be accurate as actual results and future events may differ materially from those anticipated in such statements. Galleon Gold undertakes no obligation to update such forward-looking statements if circumstances or management's estimates or opinions should change. The reader is cautioned not to place undue reliance on such forward-looking statements.Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.To view the source version of this press release, please visit https://www.newsfilecorp.com/release/290642
Original: Galleon Gold Amends Credit Agreement with Pan American Silver

Galleon Gold Receives Key Water Permit and Initiates Box Cut at its West Cache Gold Project in Timmins, OntarioMarch 2, 2026 7:00 AM
NewsfileToronto, Ontario--(Newsfile Corp. - March 2, 2026) - Galleon Gold Corp. (TSXV: GGO) (OTCQB: GGOXF) (FSE: 3H90) (the "Company" or "Galleon Gold") is pleased to announce a significant milestone at its 100%-owned West Cache Gold Project (the "Project" or "West Cache") in Timmins, Ontario with the receipt of the Category 3 Permit to Take Water ("PTTW"). This key approval allows the Company to commence primary box cut excavation and marks the initial step towards underground development for the Company's planned bulk sample program."Securing the Category 3 PTTW is a major achievement for Galleon Gold," said David Russell, President and CEO. "With this approval secured, we are advancing the primary excavation of the box cut, the gateway to underground access. Our bulk sample is central to our strategy, providing the opportunity to validate grade continuity, assess mining conditions, and confirm critical economic assumptions. Successful execution of this program will materially de-risk the West Cache Project and position Galleon Gold for its next phase of growth."The Category 3 PTTW was issued by the Ontario Ministry of the Environment, Conservation and Parks ("MECP") and includes comprehensive monitoring, reporting, mitigation and adaptive management conditions designed to ensure protection of surface water and groundwater resources. The Company is also pleased to report it has received its MECP compliance approval for air and noise.Box Cut Marks Physical Start of Underground DevelopmentExcavation of the box cut will establish the portal location for ramp access at West Cache. With the required approvals secured, work is advancing in accordance with approved engineering, environmental, and regulatory plans. Upon completion, the portal and the ramp will provide access for the Company's planned 86,500-tonne bulk sample program and underground exploration. Surface construction remains on schedule. Work completed to date includes:Site clearing and grubbingInstallation of erosion and sediment control systemsUpgrades to site access roads and laydown areasEarthworks in preparation for portal developmentHydro pole and line installation, approximately 60% complete Tier-One Location in the Timmins Gold CampWest Cache is located approximately 7 km northeast of Pan American Silver's Timmins West Mine and 14 km southwest of the historic Hollinger Mine within the prolific Timmins Gold Camp.The Project covers approximately 11,600 hectares along the Destor-Porcupine Fault Zone in the Abitibi greenstone belt, one of the most productive gold belts globally. The current Mineral Resource Estimate lies within a favourable litho-structural corridor extending over 5 km of strike, with mineralization open in all directions and at depth. The mining lease area hosts the current Mineral Resource Estimate near the center, with additional exploration targets to the north and south. Technical Content and Qualified PersonThe technical content of this news release has been reviewed and approved by Leah Page, P.Geo, West Cache Project Manager and a Qualified Person ("QP") as defined in National Instrument 43-101 - Standards of Disclosure for Mineral Projects.Galleon Gold at the PDACGalleon Gold invites investors and shareholders to visit booth #2911 at the Investor Exchange in the South Building at the Metro Toronto Convention Center from March 1 to 4, 2026.About Galleon GoldGalleon Gold is advancing the West Cache Gold Project with a disciplined, de-risking strategy centered on resource growth and an upcoming 86,500-tonne bulk sample program, positioning the Company to unlock long-term shareholder value. For more information, please visit www.galleongold.com. For further information:Galleon Gold
R. David Russell
Chairman and CEO
T. (416) 644-0066
info@galleongold.comGraham Farrell
Investor Relations
T. (416) 842-9003
grahamfarrell@galleongold.comForward-Looking StatementsThis news release contains certain "forward looking statements", as defined under applicable Canadian securities laws, that reflect the current views and/or expectations of Galleon Gold with respect to its long-term strategy, financing plans, proposed work, plans, bulk sample program and other reports including the PEA for its projects. Forward-looking statements are based on the then-current expectations, beliefs, assumptions, estimates and forecasts about the business and the markets in which Galleon Gold operates. Some of the statements contained herein may be forward-looking statements which involve known and unknown risks and uncertainties. Without limitation, statements regarding the use of the proceeds of from the Facility, the sufficiency of funds to complete and the completion of the potential mineralization and resources, exploration results, expectations, plans, and objectives of Galleon Gold are forward-looking statements that involve various risks. The following are important factors that could cause Galleon Gold's actual results to differ materially from those expressed or implied by such forward-looking statements: changes in the world-wide price of mineral commodities, general market conditions and uncertainty of access to additional capital, risks inherent in mineral exploration, delays in the receipt of government approvals, risks associated with development, construction, mining operations and third party contractor activities, risks related to unanticipated events related to health, safety and environmental matters. There can be no assurance that forward-looking statements will prove to be accurate as actual results and future events may differ materially from those anticipated in such statements. Galleon Gold undertakes no obligation to update such forward-looking statements if circumstances or management's estimates or opinions should change. The reader is cautioned not to place undue reliance on such forward-looking statements.Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.To view the source version of this press release, please visit https://www.newsfilecorp.com/release/285828
Original: Galleon Gold Receives Key Water Permit and Initiates Box Cut at its West Cache Gold Project in Timmins, Ontario

Galleon Gold Begins Trading on the OTCQX Under Symbol "GGOXF"January 27, 2026 12:45 PM
NewsfileToronto, Ontario--(Newsfile Corp. - January 27, 2026) - Galleon Gold Corp. (TSXV: GGO) (FSE: 3H90) (OTCQX: GGOXF) (the "Company" or "Galleon Gold") is pleased to announce it has qualified to trade on the OTCQX® Best Market, graduating from OTCID™ Basic Market.Galleon Gold begins trading today on OTCQX under the symbol "GGOXF." U.S. investors can find current financial disclosure and Real-Time Level 2 quotes for the Company on www.otcmarkets.com.David Russell, President and CEO of Galleon Gold commented, "We are pleased to transition from the OTCID™ Basic Market to the OTCQX Market, a move that will increase the Company's visibility, improve trading liquidity, and expand our shareholder base."Trading on the OTCQX Market offers companies efficient, cost-effective access to the U.S. capital markets. For companies listed on a qualified international exchange, streamlined market standards enable them to utilize their home market reporting to make their information available in the U.S. To qualify for OTCQX, companies must meet high financial standards, follow best practice corporate governance, and demonstrate compliance with applicable securities laws.About OTC Markets Group Inc.OTC Markets Group Inc. (OTCQX: OTCM) operates regulated markets for trading 12,000 U.S. and international securities. Its data-driven disclosure standards form the foundation for its public markets: OTCQX® Best Market, OTCQB® Venture Market, OTCID™ Basic Market and Pink Limited™ Market. The OTC Link® Alternative Trading Systems (ATSs) provide critical market infrastructure that broker-dealers rely on to facilitate trading. This innovative model offers companies more efficient access to the U.S. financial markets.OTC Link ATS, OTC Link ECN, OTC Link NQB, and MOON ATS™ are each SEC regulated ATS, operated by OTC Link LLC, a FINRA and SEC registered broker-dealer, member SIPC. To learn more visit www.otcmarkets.com.About Galleon GoldGalleon Gold is an advanced exploration and development company focused on the West Cache Gold Project in Timmins, Ontario. The Project is located 7 km northeast of Pan American Silver's Timmins West Mine and 14 km southwest of Discovery Silver's Hollinger Mine. The Company is advancing the Project with a disciplined, de-risking strategy centered on resource growth and an upcoming 86,500-tonne bulk sample program. For further information:
Galleon Gold
R. David Russell
Chairman and CEO
T. (416) 644-0066
info@galleongold.comGraham Farrell
Investor Relations
T. (416) 842-9003
grahamfarrell@galleongold.comForward-Looking StatementsThis news release contains certain "forward looking statements", as defined under applicable Canadian securities laws, that reflect the current views and/or expectations of Galleon Gold with respect to its long-term strategy, financing plans, proposed work, plans, bulk sample program and other reports including the PEA for its projects. Forward-looking statements are based on the then-current expectations, beliefs, assumptions, estimates and forecasts about the business and the markets in which Galleon Gold operates. Some of the statements contained herein may be forward-looking statements which involve known and unknown risks and uncertainties. Without limitation, statements regarding the use of the proceeds of from the Facility, the sufficiency of funds to complete and the completion of the potential mineralization and resources, exploration results, expectations, plans, and objectives of Galleon Gold are forward-looking statements that involve various risks. The following are important factors that could cause Galleon Gold's actual results to differ materially from those expressed or implied by such forward-looking statements: changes in the world-wide price of mineral commodities, general market conditions and uncertainty of access to additional capital, risks inherent in mineral exploration, delays in the receipt of government approvals, risks associated with development, construction, mining operations and third party contractor activities, risks related to unanticipated events related to health, safety and environmental matters. There can be no assurance that forward-looking statements will prove to be accurate as actual results and future events may differ materially from those anticipated in such statements. Galleon Gold undertakes no obligation to update such forward-looking statements if circumstances or management's estimates or opinions should change. The reader is cautioned not to place undue reliance on such forward-looking statements.Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.To view the source version of this press release, please visit https://www.newsfilecorp.com/release/281704
Original: Galleon Gold Begins Trading on the OTCQX Under Symbol "GGOXF"

PNCKF changed to GGOXF

https://otce.finra.org/otce/dailyList?viewType=Symbol%2FName%20Changes

Galleon Gold Initiates Geotechnical Drilling Program at West Cache Project in the Timmins Gold Camp

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 in February 2022), while optimizing the development design as needed. Detailed engineering for the proposed portal and decline, will require the completion of eight geotechnical holes.

R. David Russell, President and CEO of Galleon Gold commented, “We continue to approach the development of West Cache in a systematic manner; completing the necessary steps to submit permit applications for test mining and adding to our knowledge base at the same time. Since the start of 2022, we have effectively identified additional gold resource potential in the vicinity of the bulk sample, advanced the design of the proposed underground development and progressed the permitting process.”



Read more and view graphics at:
https://resourceworld.com/galleon-gold-initiates-geotechnical-drilling-program-at-west-cache-project-in-the-timmins-gold-camp/

Yes TT " I always though a stock Sprott is in was a good one to invest in." is not always true. I am hoping that his investment in Tudor Gold and its joint venture partners is not the same.

I alwys thought a stock Sprott is in was a good one to invest in, turns out this is not the case

GGO dropped 50+ % after the R/S, not nice

Although we had a good day up, sp is still far under R/S price
Galleon Gold Corpora (PNCKF)
0.3163 ? 0.039 (14.06%)
Volume: 9,951

If the sp remains falling will we see another r/s?

Not much gappening with this company, as usual

https://galleongold.com/site/assets/files/3916/galleon_gold-_press_release_2022-03-25-_final_pdf_version.pdf

What does the PNCKD mean behind the company name?

Not funny anymore this company

Again!

PNCKF one for 10 reverse split:

https://otce.finra.org/otce/dailyList?viewType=Symbol%2FName%20Changes

a pre-Consolidation price of C$0.05 per Unit

You lost me there. Where do you see that?

Someone’s buying the company for $0.05 a share

We’re screwed again

https://galleongold.com/site/assets/files/3912/galleon2022-02-09.pdf

https://galleongold.com/site/assets/files/3911/galleon_gold_increases_timmins_land_position_final_pdf_version1.pdf

Mining is a risky business but the rewards can be huge

OMG Last year to protect some capital gains in other stocks, I sold my many, many, many year holdings of this stock for a capital loss, and now it shows some promise of becoming profitable.

Such is life in the mining stock sector.

Galleon Gold Delivers Maiden Preliminary Economic Assessment and Updated Mineral Resource Estimate for West Cache Gold Project

Jan 12, 2022

Galleon Gold Corp. (TSXV: GGO) (the “Company” or “Galleon Gold”) is pleased to announce the positive results of an independent maiden Preliminary Economic Assessment (“PEA”), including an updated Mineral Resource Estimate prepared in accordance with National Instrument 43-101 - Standards of Disclosure for Mineral Projects (“NI 43-101”) for its West Cache Gold Project (the “Project” or the “Property”), Timmins Ontario. The PEA considers an underground mine utilizing Toll Processing for treatment of mineralized material over an 11-year mine life. All amounts are shown in Canadian dollars unless otherwise stated.

PEA Highlights – West Cache Gold Project

- Pre-Tax Net Present Value at a 5% discount rate (“NPV5%”) of $378 million with Internal Rate of Return (“IRR”) of 33.7%, 3.0 years payback at US$1,700/oz gold price
- After-tax NPV5% of $240 million with IRR of 26.7% and 3.3 years payback
- 11 years Life of Mine (“LOM”) plus two years of ramp-up. Production at 2,400 tpd.
- 940,200 ounces of gold mined over LOM with average annual production of 85,500 ounces. Recovered gold is estimated at 893,200 ounces over the LOM.
- Cash cost of US$814 per ounce and all-in sustaining cost of US$987 per ounce
- Initial capex $150 million
- Alternative scenario for construction of on-site mill demonstrates positive economics (NPV5% $368 million, IRR 24.5%, payback 3.7 years on pre-tax basis)
- Project is now progressing towards bulk sample of Zone #9 and Pre-Feasibility Study, including plans for upgrading and expanding the Mineral Resource

Updated Mineral Resource Estimate Highlights (underground Mineral Resource at 1.6 g/t Au cut-off grade)

- Significant increase in the grade and total ounces in the Indicated and Inferred Mineral Resource classifications
- Indicated Mineral Resource of 472,000 ounces (4,051 kt at an average grade of 3.63 g/t Au)
- Inferred Mineral Resource of 1,088,000 ounces (11,788 kt at an average grade of 2.87 g/t Au)

Comments from the CEO
R. David Russell, President and CEO of Galleon Gold commented, “I am extremely pleased with the first economic valuation for West Cache, as the results from our PEA demonstrate that the project could support a profitable underground mining operation. The PEA incorporates the near-term option of using local toll processing, while also suggesting on-site processing becomes increasingly attractive with further growth in the project’s Mineral Resource.

Based on our geologic model, I believe West Cache has the potential to extend the LOM beyond the initial 11 years by expanding the Mineral Resource downdip and along strike. Moreover, we have explored less than 10% of the Property and recent geological interpretations suggest we should be looking to pursue new exploration targets in untested host rock both north and south of the current Mineral Resource. Our primary exploration goal for 2022 is to add high grade gold ounces and expand the Mineral Resource through surface drilling. In early to mid 2023, pending permits, we plan to commence underground test mining the high-grade Zone #9 area.”

Read more at:
https://resourceworld.com/?na=v&nk=6621-741adf496e&id=1076

Galleon Gold Corpora (PNCKF)
0.0584 + 0.0125 (27.23%)
Is this the beginning of a reversal?

Galleon Gold Corpora (PNCKF)
0.0375 ? -0.0065 (-14.77%)
Volume: 72,400 @11/30/21 3:59:40 PM ES

Maybe we get a buyout soon.

Zo ziet het ernaar uit
It looks like it

Not for long.smh.

We have a green day

GGO is doing fine so it seems. Thought Sprott would bring us wealth

https://galleongold.com/site/assets/files/3898/galleon_gold_announces_warrant_extension_september_20_2021_final.pdf

https://galleongold.com/site/assets/files/3895/galleon_gold_announces_updated_mineral_resources_estimate_for_west_cache_08-09-2021_for_pdf.pdf

Galleon Gold Announces Appointment of Timothy G. Smith as Chief Operating Officer
https://galleongold.com/news/galleon-gold-announces-appointment-of-timothy-g-smith-as-chief-operating-officer/
I believe this week old news wasn’t posted before.

Hope he still hold his shares

Exactly the question that popped into my mind.

Another property sell!! is this the reason why Chris Dupont left?

https://galleongold.com/site/assets/files/3893/galleon_announces_sale_of_kidd_and_carnegie_properties_august_24-_2021_pdf_version.pdf

Chris is the only one who was so dedicated to find gold in West Cache. Think he still holds all his shares. Now he’s gone question is who will follow up his job as COO?

Not sure if this is good or bad.

https://galleongold.com/news/galleon-gold-announces-retirement-of-coo/

Current sp is way too low for Eric Sprott

A buy out offer at this time might be a bit early, maybe after the "PEA that is currently underway" that the CEO mentioned.

Wouldn’t be surprised if they get buyout offers.

This certainly should generate some interest, hopefully increased volume and SP.

Good news.

https://galleongold.com/news/galleon-gold-announces-strong-gold-recoveries-in-recent-metallurgical-studies-for-west-cache-project/

Galleon Gold Extends Gold Mineralization on Eastern Flank at
West Cache Project

July 21, 2021

Galleon Gold Corp. ]TSXV-GGO] (the “Company” or “Galleon Gold”) 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 Extension of East Pit - additional 350 meters of mineralization added on strike
East Pit gold system remains open to the east
Potential to add incremental gold resources to the PEA (currently underway)
Multiple near surface intercepts with significant gold grades, including:

o WC-21-195 with 4.5 m at 1.17 g/t (147 to 151.5m)
o WC-21-203 with 2.0 m at 3.61 g/t (44 to 46m) and 5.5 m at 1.13 g/t (117.5 to 123 m)
o WC-21-205 with 4.0 m at 2.32 g/t (53 to 57 m) and 5.5 m at 1.51 g/t (116 to 121.5 m)
o WC-21-208 with 6.0 m at 1.75 g/t (45.5 to 51.5 m)
o WC-21-209 with 4.45 m at 1.23 g/t (36.05 to 40.5 m)

Drilling confirms up-dip projection of historic deeper drilling



Read more at and view graphics at:
https://resourceworld.com/?na=v&nk=6621-741adf496e&id=876