Galleon Gold Corp. is pleased to announce that it has sold its 100% interest in the William Lake Property to Leeuwin Metals PTY Ltd. . 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 of Leeuwin 2,500,000 Consideration Options with each Option entitling [...]
Galleon Gold Corp. is pleased to report the 2022 exploration drill program at its 100% owned West Cache Gold 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 [...]
Eric Sprott announces that, today, 1,000,000 common share purchase warrants of Galleon Gold Corp., expired unexercised representing a decrease in holdings of approximately 2.7% of the outstanding common shares on a partially diluted basis since the date of the last early warning report. Prior to the expiry of these Warrants, Mr. Sprott beneficially [...]
Galleon Gold Corp. is pleased to provide an exploration update for its 100% owned West Cache Gold Project in Timmins, Ontario. Following the release of the Project's updated Mineral Resource Estimate and maiden Preliminary Economic Assessment in early 2022 , the Company is planning its exploration and permitting programs for the upcoming field [...]
Galleon Gold Corp. is pleased to announce that it has engaged Harbor Access LLC to perform external "investor relations activities", as defined in accordance with the policies of the TSX Venture Exchange , subject to TSXV approval. The initial term of the contract is for six months, and month to month thereafter. In consideration for the services [...]
Galleon Gold Corp. is pleased to announce the closing of the previously announced "best efforts" brokered private placement for gross proceeds of C$3,500,000 from the sale of 2,462,437 units of the Company at a price of C$0.50 per Unit, 3,306,821 flow-through units of the Company at a price of C$0.55 per FT Unit and 642,900 FT Units to be sold to [...]
Galleon Gold Corp. is pleased to announce that further to its news release dated January 12, 2022, the Company has filed on SEDAR a Technical Report detailing the Preliminary Economic Assessment and updated Mineral Resource Estimate for the West Cache Gold Project, Timmins, Ontario. The PEA was prepared in accordance with National Instrument 43-101 [...]
Galleon Gold is pleased to announce that further to its news release dated February 9, 2022, the TSXV has approved the consolidation of the Company's issued and outstanding common shares on a basis of one post-consolidation Common Share for every ten pre-consolidation Common Shares. Effective at the opening of the market on February 24, 2022, the [...]
Galleon Gold Corp. is pleased to announce that it has entered into an agreement with Red Cloud Securities to act as sole agent and bookrunner in connection with a best efforts private placement for gross proceeds of up to C$5,000,000 and its intention to complete a consolidation of its issued and outstanding common shares immediately prior to the [...]
Galleon Gold is pleased to announce it has entered into an agreement to acquire 91 mineral claims and 12 patent claims totaling 1,470 ha contiguous to the Company's existing property position at its West Cache Gold Project in Timmins Ontario. The addition of the Mineral Claims consolidates the Company's land position 13 kilometers West of Timmins [...]
Galleon Gold Corp. is pleased to announce the positive results of an independent maiden Preliminary Economic Assessment , including an updated Mineral Resource Estimate prepared in accordance with National Instrument 43-101 - Standards of Disclosure for Mineral Projects for its West Cache Gold Project , Timmins Ontario. The PEA considers an [...]
Galleon Gold Corp. provides the following corporate and project update on its West Cache Gold Project , Timmins Ontario. West Cache Gold Project - Granted Land Lease Status The Company is very pleased to report that the survey plan for converting the West Cache Gold Project mining claims to land lease status has been approved by the Ministry of [...]