Galloper Closes Acquisition of Gold-Mineralized Exploration Claims
Galloper Gold Corp. (OTC Pink: GGDCF) has completed the acquisition of four mineral claims in one mineral licence on Glover Island, Newfoundland. The acquisition expands the company's Lucky Smoke prospect by 400 meters and includes the Keystone and Jacomar prospects.
Key highlights include surface trenching values up to 11.5g/t Au from historic exploration campaigns and significant drill results of up to 18.79g/t Au at Lucky Smoke in 2024. The acquisition connects to Galloper's recently awarded 178,800oz Au 43-101-compliant Lunch Pond South Extension resource. The company's total mineral holdings on Glover Island now cover 122km².
The purchase terms include a lump sum payment and a 1% NSR with a $250,000 buyback provision.
Galloper Gold Corp. (OTC Pink: GGDCF) ha completato l'acquisizione di quattro rivendicazioni minerarie in un'unica licenza mineraria sull'Isola di Glover, Terranova. L'acquisizione espande il prospect Lucky Smoke di 400 metri e comprende i prospect Keystone e Jacomar.
Tra i punti salienti vi sono valori di scavo superficiale fino a 11,5 g/t Au provenienti da campagne esplorative storiche e risultati di trivellazione significativi fino a 18,79 g/t Au a Lucky Smoke nel 2024. L'acquisizione si collega al recente premio di Galloper per una risorsa 178.800 oz Au 43-101-compliant Lunch Pond South Extension. Le proprietà minerarie totali dell'azienda sull'Isola di Glover coprono ora 122 km².
Le condizioni d'acquisto prevedono un pagamento in lump sum e un NSR dell'1% con una disposizione di riacquisto di $250.000.
Galloper Gold Corp. (OTC Pink: GGDCF) ha completado la adquisición de cuatro reclamaciones mineras en una sola licencia minera en la Isla Glover, Terranova. La adquisición amplía el prospecto Lucky Smoke en 400 metros e incluye los prospectos Keystone y Jacomar.
Los aspectos clave incluyen valores de excavación superficial de hasta 11,5 g/t Au de campañas de exploración históricas y resultados de perforación significativos de hasta 18,79 g/t Au en Lucky Smoke en 2024. La adquisición se conecta con el recurso Lunch Pond South Extension de 178.800 oz Au conforme a 43-101 recientemente otorgado. Las tenencias mineras totales de la compañía en la Isla Glover cubren ahora 122 km².
Los términos de compra incluyen un pago único y un NSR del 1% con una cláusula de recompra de $250,000.
Galloper Gold Corp. (OTC Pink: GGDCF)는 넬슨드ounty 뉴펀들랜드의 글로버 섬에 있는 하나의 광물 면허 하의 네 개의 광상 청구권 인수를 완료했습니다. 이번 인수로 회사의 Lucky Smoke 탐사 지역이 400미터 확장되며 Keystone 및 Jacomar 탐사권이 포함됩니다.
주요 하이라이트로는 과거 탐사 캠페인에서의 표면 트렌칭 값 최대 11.5 g/t Au와 2024년 Lucky Smoke에서의 18.79 g/t Au의 중요한 시추 결과가 있습니다. 인수는 최근 수여된 178,800 oz Au 43-101 준수 Lunch Pond South Extension 자원과 연결됩니다. 글로버 섬의 회사 총 광물 보유 면적은 이제 122 km²를 커버합니다.
구매 조건에는 일시불 지급 및 1% NSR과 $250,000의 리피/바이백 조항이 포함됩니다.
Galloper Gold Corp. (OTC Pink: GGDCF) a finalisé l'acquisition de quatre revendications minières dans une seule licence minière sur l'île Glover, à Terre-Neuve. L'acquisition étend le prospect Lucky Smoke de 400 mètres et comprend les prospects Keystone et Jacomar.
Les points clés incluent des valeurs de tranchage en surface allant jusqu'à 11,5 g/t Au issues de campagnes d'exploration historiques et des résultats de forage significatifs jusqu'à 18,79 g/t Au à Lucky Smoke en 2024. L'acquisition se connecte à la ressource Lunch Pond South Extension, conforme à la 43-101, récemment attribuée de 178 800 oz Au. Les avoirs minéraux totaux de l'entreprise sur l'île Glover couvrent désormais 122 km².
Les conditions d'achat prévoient un paiement forfaitaire et une NSR de 1% avec une clause de rachat de $250 000.
Galloper Gold Corp. (OTC Pink: GGDCF) hat den Erwerb von vier Mineralansprüchen in einer einzigen Minerallizenz auf der Glover-Insel, Neufundland, abgeschlossen. Der Erwerb erweitert das Lucky Smoke-Prospektgebiet um 400 Meter und umfasst die Prospekte Keystone und Jacomar.
Wichtige Highlights umfassen Oberflächen-Trockenwerte bis zu 11,5 g/t Au aus historischen Explorationskampagnen sowie signifikante Bohrresultate von bis zu 18,79 g/t Au bei Lucky Smoke im Jahr 2024. Der Erwerb verbindet sich mit Gallopers kürzlich vergebenem 178.800 oz Au gemäß 43-101 Lunch Pond South Extension-Ressourcenkonzept. Die gesamten Mineralbestände des Unternehmens auf der Glover-Insel decken jetzt 122 km² ab.
Die Kaufbedingungen umfassen eine Pauschalzahlung und eine 1%-NSR mit einer Rückkaufklausel von $250.000.
Galloper Gold Corp. (OTC Pink: GGDCF) أكملت الاستحواذ على أربع مطالب معدنية في ترخيص معدني واحد على جزيرة غلوفر، نيوفاوندلاند. يوسع الاستحواذ منطقة Lucky Smoke بمقدار 400 متر ويشمل منطقتي Keystone و Jacomar.
تشمل النقاط الرئيسية قيم الحفر السطحي حتى 11.5 g/t Au من حملات استكشاف تاريخية ونتائج حفر مهمة تصل إلى 18.79 g/t Au في Lucky Smoke في 2024. ويرتبط الاستحواذ بمورد Lunch Pond South Extension الموحّد وفق معيار 43-101 بواقع 178,800 أونصة من الذهب Au الذي تم اعتماده مؤخرًا. تمتلك الشركة الآن إجمالاً 122 كم² من الأراضي المعدنية على جزيرة غلوفر.
تشمل شروط الشراء دفعة كلية و< b>NSR بنسبة 1% مع شرط إعادة شراء بقيمة $250,000.
Galloper Gold Corp. (OTC Pink: GGDCF) 已完成在纽芬兰省格洛弗岛的一处矿业许可内对四项矿权的收购。此次收购将公司的 Lucky Smoke 勘探区扩大了 400 米，并包含 Keystone 与 Jacomar 勘探区。
主要亮点包括来自历史勘探活动的 地表沟槽值高达 11.5 g/t 金，以及在 2024 年 Lucky Smoke 的显著钻探结果，最高达 18.79 g/t 金。该收购连接到Galloper 最近授予的 178,800 oz 金、符合 43-101 标准的 Lunch Pond South Extension 资源。公司在格洛弗岛的矿产总持有量现为 122 km²。
购买条款包括一次性付款以及 1% NSR，并设有价值 $250,000 的买回条款。
- Acquisition extends Lucky Smoke prospect by 400m with proven gold mineralization
- High-grade surface samples up to 11.5g/t Au and drill results up to 18.79g/t Au
- Strategic expansion connecting to 178,800oz Au 43-101-compliant resource
- Favorable geological continuity along mineralized corridor
- 1% NSR includes reasonable $250,000 buyback provision
- Additional capital required for exploration and development
- Early-stage exploration properties with no guaranteed economic viability
Vancouver, British Columbia--(Newsfile Corp. - September 30, 2025) - Galloper Gold Corp. (CSE: BOOM) (OTC Pink: GGDCF) (the "Company" or "Galloper") announces that it has completed its acquisition (the "Acquisition") of additional exploration mineral licences (claims) in Newfoundland as part of its continued exploration efforts pursuant to the purchase agreement (the "Agreement") entered into with a third- party vendor (the "Vendor").
Highlights include:
The Acquisition adds known significant mineralization at surface with potential at depth and along strike to the holdings of Galloper Gold's Glover Island property.
Surficial trenching values of up to 11.5g/t Au in channel sampling have been collected from historic exploration campaigns at Keystone and Jacomar prospects.
Increase in mineralized strike length of the Lucky Smoke prospect by 400m with addition of the Vendor mineral licence; Lucky Smoke was drilled in 2024 intersecting significant results up to 18.79g/t Au in drill core.
Galloper Gold's mineral lands holdings on Glover Island cover 122km2.
Favorable geological continuity along strike and down dip in the mineralized body that comprises Tomahawk-Lucky Smoke-Keystone-Jacomar mineralized corridor.
Pursuant to the Agreement, Galloper has agreed to purchase from the Vendor four (4) claims in one (1) mineral licence on Glover Island in Newfoundland adjacent to its existing mineral licences. As compensation, Galloper has issued the Vendor a lump sum payment and a NSR of
Galloper Gold's CEO, Mr. Hratch Jabrayan, commented: "The acquisition of the historic mineral claims hosting the Keystone and Jacomar prospects adds significant value to the company. The known surficial mineralization of Galloper Gold's Lucky Smoke deposit on Glover Island has been extended by 400m. Further, the mineralization is of the same character and is geologically connected in the same rocks that host the 178,800oz Au, 43-101-compliant, Lunch Pond South Extension resource which Galloper Gold was awarded by the Government of Newfoundland and Labrador in July of this year. Galloper continues to be a breakout player in the gold and base metals sector capitalizing on exciting opportunities to deliver increasing shareholder value."
About Galloper Gold Corp.
Galloper is focused on mineral exploration on Glover Island for gold and base metals. The Glover Island Property consists of 477 claims in 15 mineral licences totaling 12,200 hectares.
For more information please visit www.GalloperGold.com and the Company's profile on SEDAR+ at www.sedarplus.ca.
On behalf of the Board of Directors,
Mr. Hratch Jabrayan
CEO and Director
Galloper Gold Corp.
Company Contact:
info@gallopergold.com
Tel: 778-655-9266
Forward-Looking Statements
This news release contains forward-looking statements within the meaning of applicable securities laws. The use of any of the words "anticipate", "plan", "continue", "expect", "estimate", "objective", "may", "will", "project", "should", "predict", "potential" and similar expressions are intended to identify forward-looking statements. Although the Company believes that the expectations and assumptions on which the forward-looking statements are based are reasonable, undue reliance should not be placed on the forward-looking statements because the Company cannot give any assurance that they will prove correct. Since forward-looking statements address future events and conditions, they involve inherent assumptions, risks and uncertainties. Actual results could differ materially from those currently anticipated due to a number of assumptions, factors and risks. These assumptions and risks include, but are not limited to, assumptions and risks associated with mineral exploration generally, risks related to capital markets, risks related to the state of financial markets or future metals prices and the other risks described in the Company's publicly filed disclosure.
Management has provided the above summary of risks and assumptions related to forward-looking statements in this news release in order to provide readers with a more comprehensive perspective on the Company's future operations. The Company's actual results, performance or achievement could differ materially from those expressed in, or implied by, these forward-looking statements and, accordingly, no assurance can be given that any of the events anticipated by the forward-looking statements will transpire or occur, or if any of them do so, what benefits the Company will derive from them. These forward-looking statements are made as of the date of this news release, and, other than as required by applicable securities laws, the Company disclaims any intent or obligation to update publicly any forward-looking statements, whether as a result of new information, future events or results or otherwise.
Neither the Canadian Securities Exchange nor its Regulation Services Provider 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/268424
FAQ
What mineral claims did Galloper Gold (GGDCF) acquire in September 2025?
What are the gold grades reported in Galloper Gold's new acquisition?
How large is Galloper Gold's total land position on Glover Island?
What are the terms of Galloper Gold's acquisition payment?
How does this acquisition connect to Galloper's existing resources?
