Galloper Gold Issues Update on Exploration Activities in Preparation for 2026 Drilling Program
Rhea-AI Summary
Galloper Gold (OTC: GGDCF) reported progress on its Glover Island exploration plans, with the Kettle Pond Camp nearing completion as the base for the 2026 drilling program. The company is preparing for up to 7,000 metres of drilling and installing three 75 kW generators.
According to Galloper, the build-for-purpose camp will support year-round helicopter access and seasonal float plane and boat access. The 2026 program aims to build on the 2026 LPSE Mineral Resource Estimate and target resource growth at the LPSE Deposit.
AI-generated analysis. Not financial advice.
Positive
- Kettle Pond Camp nearing completion as Glover Island exploration base
- 2026 program targets up to 7,000 metres of drilling
- Three new 75 kW generators expanding camp electrical capacity
- Camp designed for year-round helicopter and seasonal float/boat access
Negative
- None.
News Market Reaction – GGDCF
On the day this news was published, GGDCF gained 15.18%, reflecting a significant positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
Vancouver, British Columbia--(Newsfile Corp. - June 22, 2026) - Galloper Gold Corp. (CSE: BOOM) (OTC Pink: GGDCF) (the "Company" or "Galloper") is pleased to announce that the pre-season construction and renovation phase of Galloper's exploration program is approaching maturation with the Kettle Pond Camp nearing completion for operations as the basecamp for exploration on Glover Island. The 2026 Glover Island exploration program is targeting up to 7000m of drilling on Glover Island.
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Mr. Bryan Sparrow, VP of Exploration for Galloper Gold commented "The Kettle Pond Camp [seen above] is nearing completion with beginning operations for the Glover Island exploration program to follow. All major upgrades including new electrical capacity which include 3 new generators [seen above] at 75kw capacity will be online within the next week. The facilities are a build-for-purpose exploration basecamp from which historic exploration activities from 2010 onwards led to the 2012 Lunch Pond South Extension Mineral Resource Estimate. Galloper intends a robust drilling program in 2026, with mobilization operations for equipment to begin in short order in a staged and cost-effective process. Once operational, Galloper intends to significantly increase the resource of the LPSE Deposit building on our recent and substantial update - the 2026 LPSE MRE. The Kettle Pond Camp will allow for year-round operations via helicopter, and seasonal access via float plane and boat."
The technical information contained herein has been reviewed and approved by Mr. Bryan Sparrow, P.Geo., Vice President of Exploration for Galloper Gold.
About Galloper Gold Corp.
Galloper Gold Corp. is focused on mineral exploration in central Newfoundland on its Glover Island exploration project. The property comprises 466 mining claims on 13 mineral licences covering 117.21 sq/km (11,721 Ha). Historic exploration efforts produced the LPSE 2026 Gold Resource which is wholly controlled by Galloper Gold Corp.
For more information please visit www.GalloperGold.com and the Company's profile on SEDAR+ at www.sedarplus.ca.
LinkedIn: https://www.linkedin.com/company/gallopergold/
X: https://x.com/Gallopergold?s=20
You Tube: www.youtube.com/@gallopergold
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/302404