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Galloper Initiates Historic Gold Prospect Evaluation on Glover Island

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Galloper Gold (OTC: GGDCF, CSE: BOOM) has begun an exploration evaluation on Glover Island along a ~15km gold trend tied to the Lunch Pond South Extension resource.

Key activities include a helicopter visit by geologists to inspect historic gold-mineralized prospects and surficial works, assessment of recently acquired adjacent claims (acquired Sept. 30, 2025), and review of historic Newfoundland and Labrador government-held gold drill core. The company cites continuity with the historic 178,800 oz Au LPSE deposit.

Separately, Galloper entered a six-month marketing agreement with SarLor Corp. for $3,000 plus 300,000 incentive options exercisable at $0.08 for one year, vesting quarterly.

Galloper Gold (OTC: GGDCF, CSE: BOOM) ha iniziato una valutazione esplorativa su Glover Island lungo una tendenza aurifera di circa 15 km legata alla riserva Lunch Pond South Extension.

Le attività chiave includono una visita in elicottero da parte di geologi per ispezionare i prospect storicamente mineralizzati d'oro e i lavori superficiali, la valutazione delle rivendicazioni adiacenti recentemente acquisite (acquisite il 30 settembre 2025) e la revisione del core di trivellazione storico dell'oro detenuto dal governo di Newfoundland e Labrador. L'azienda cita la continuità con il deposito storico 178.800 oz Au LPSE.

Separatamente, Galloper ha stipulato un accordo di marketing di sei mesi con SarLor Corp. per $3,000 più 300.000 opzioni incentive esercitabili a $0.08 per un anno, che maturano trimestralmente.

Galloper Gold (OTC: GGDCF, CSE: BOOM) ha iniciado una evaluación de exploración en Glover Island a lo largo de una tendencia aurífera de ~15 km vinculada al recurso Lunch Pond South Extension.

Las actividades clave incluyen una visita en helicóptero de geólogos para inspeccionar prospectos históricos mineralizados de oro y trabajos superficiales, la evaluación de las reclamaciones adyacentes recientemente adquiridas (adquiridas el 30 de septiembre de 2025) y la revisión del núcleo de perforación de oro histórico mantenido por el gobierno de Newfoundland y Labrador. La compañía cita continuidad con el histórico yacimiento 178,800 oz Au LPSE.

Por separado, Galloper firmó un acuerdo de marketing de seis meses con SarLor Corp. por $3,000 más 300,000 opciones de incentivo ejercitables a $0.08 durante un año, con vesting trimestral.

Galloper Gold (OTC: GGDCF, CSE: BOOM)은 Lunch Pond South Extension 자원과 관련된 약 15km 금 트렌드에 따라 글로버 섬에서 탐사 평가를 시작했습니다.

주요 활동으로는 지질학자들의 헬리콥터 방문을 통해 역사적으로 금으로 광화된 전망과 표면 작업을 점검하고, 최근 인수한 인접 매장권(2025년 9월 30일 인수) 평가 및 뉴펀들랜드 래브라도 주 정부가 보유한 역사적 금 드릴 코어를 재검토하는 것입니다. 회사는 역사적 178,800 oz Au LPSE 매장과의 연속성을 인용합니다.

또한 Galloper는 SarLor Corp.와 6개월 마케팅 계약을 체결했으며 $3,000300,000 인센티브 옵션이 있으며 행사 가능 금액은 $0.08로 1년간, 분기별로 vesting됩니다.

Galloper Gold (OTC: GGDCF, CSE: BOOM) a commencé une évaluation d'exploration sur l'île Glover le long d'une tendance aurifère d'environ 15 km liée à la ressource Lunch Pond South Extension.

Les activités clés comprennent une visite en hélicoptère par des géologues pour inspecter les prospects historiques minéralisés en or et les travaux de surface, l'évaluation des claims adjacents récemment acquis (acquis le 30 septembre 2025) et la révision du cœur de forage historique du gouvernement de Terre-Neuve-et-Labrador. La société cite une continuité avec le dépôt historique 178 800 oz Au LPSE.

Par ailleurs, Galloper a conclu un accord de marketing de six mois avec SarLor Corp. pour 3 000 USD plus 300 000 options d'incitation exercables à 0,08 USD pendant un an, avec acquisition trimestrielle.

Galloper Gold (OTC: GGDCF, CSE: BOOM) hat eine Explorationsbewertung auf Glover Island begonnen, entlang einer ca. 15 km langen Gold-Trendlinie, die mit der Lunch Pond South Extension-Resource verbunden ist.

Zu den wichtigsten Aktivitäten gehört ein Helikopterbesuch von Geologen, um historische goldmineralisierte Prospekte und Oberflächenarbeiten zu begutachten, die Bewertung der kürzlich erworbenen angrenzenden Claims (erworben am 30. September 2025) und die Überprüfung historischer Gold-Bohrkerne, die von der Regierung von Newfoundland and Labrador gehalten werden. Das Unternehmen verweist auf eine Kontinuität mit dem historischen 178.800 oz Au LPSE-Depot.

Darüber hinaus hat Galloper eine sechsmonatige Marketingvereinbarung mit SarLor Corp. getroffen für $3,000 plus 300.000 Incentive-Optionen, die zu $0.08 für ein Jahr ausübbar sind und vierteljährlich vesten.

Galloper Gold (OTC: GGDCF, CSE: BOOM) بدأت تقييمًا استكشافيًا في جزيرة غلوفر على طول اتجاه ذهب يقدر بنحو ~15 كم مربوط بمورد Lunch Pond South Extension.

تشمل الأنشطة الأساسية زيارة بطائرة هليكوبتر من قبل جيولوجيين لفحص المواقع التاريخية لذهب مُعَدَّة ومع الأعمال السطحية، وتقييم المطالبات المجاورة التي تم الاستحواذ عليها مؤخرًا (تم الاستحواذ في 30 سبتمبر 2025)، ومراجعة لبئر ذهب تاريخي محفوظ من قبل حكومة نيوفاوندلاند ولابرادور. وتشير الشركة إلى الاستمرارية مع مستودع LPSE التاريخي 178,800 oz Au.

وبشكل منفصل، دخلت Galloper في اتفاق تسويق لمدة ستة أشهر مع SarLor Corp. مقابل $3,000 بالإضافة إلى 300,000 خيارات حافز قابلة لممارسة عند $0.08 لمدة عام واحد، وتُرتب الاستحقاق بشكل ربعي.

Galloper Gold (OTC: GGDCF, CSE: BOOM) 已在 Glover Island 开始探勘评估,沿着与 Lunch Pond South Extension 资源相关的大约 15 公里金矿带。

主要活动包括地质学家乘直升机前往考察历史性金矿化前景与地表工作,评估最近取得的相邻地块(于 2025 年 9 月 30 日取得),以及审查历史性的纽芬兰和拉布拉多政府持有的金矿芯样。本公司引用与历史性 LPSE 的连续性,178,800 oz Au

另外,Galloper 与 SarLor Corp. 达成了一项为期六个月的市场推广协议,金额为 $3,000,再加上 300,000 行权期权,可在一年内以 $0.08 行使,按季度归属。

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Vancouver, British Columbia--(Newsfile Corp. - October 23, 2025) - Galloper Gold Corp. (CSE: BOOM) (OTC Pink: GGDCF) (the "Company" or "Galloper") is pleased to announce it has initiated exploration evaluation of historic gold-mineralized prospects along trend of the Lunch Pond South Extension resource.

Highlights include:

  • Helicopter visit to Glover Island with a team of geologists targeting historic prospects to assess and interpret the significant surficial historic exploration works and observe gold mineralization continuity.

  • Assessment of recently acquired claims from former adjacent mineral licence (see News Release dated Sept. 30, 2025).

  • Evaluation of historic Government of Newfoundland and Labrador-held historic gold mineralized drill core.

Galloper Gold's VP Exploration, Mr. Bryan Sparrow, commented: "We've undertaken a targeted program to evaluate the mineralization potentiality of the ~15km gold trend. The historic mineralized prospects are situated in the same belt of rocks along trend of the historic 178,800oz Au LPSE deposit. New insights into the area show us the rocks host favorable deformation zones that add to the already extensive targeting capacity we hold within the land package on Glover Island. This continues to add growing and exciting capacity to increase the potential of the gold resource on Glover Island ultimately adding to shareholder value."

Galloper has entered into a marketing agreement (the "Marketing Agreement") with SarLor Corp. (the "Consultant") pursuant to which the Consultant will provide marketing services to Galloper for a term of six (6) months in exchange for remuneration of $3,000, plus applicable taxes, and a total of 300,000 incentive stock options (the "Options"). The Options are exercisable at $0.08 per common share for a period of one year and shall vest quarterly until the expiry date.

The Consultant is arm's length to the Company and, to the knowledge of the Company, does not own any securities, directly or indirectly, of the Company as of the date of this release.

The contact information for the Consultant is 38 Farmview Crescent, Toronto, ON M2J 1G4.

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/271540

FAQ

What exploration work did Galloper Gold (GGDCF) start on Glover Island on October 23, 2025?

Galloper began an evaluation including a helicopter geological visit to inspect historic prospects, assess recently acquired claims, and review historic government drill core.

How does the Glover Island program relate to the Lunch Pond South Extension for GGDCF?

The company says the targeted prospects lie along the same belt and trend as the historic Lunch Pond South Extension resource, linked to a 178,800 oz Au historic deposit.

What are the terms of Galloper Gold's marketing agreement announced October 23, 2025 (GGDCF)?

A six-month agreement with SarLor for $3,000 plus 300,000 incentive stock options exercisable at $0.08 for one year, vesting quarterly.

Will Galloper (GGDCF) drill immediately on Glover Island after the October 23, 2025 evaluation?

The announcement describes evaluation and assessment activities only; it does not state any immediate drilling plans or schedules.

What size gold trend is Galloper evaluating on Glover Island (GGDCF)?

The company references a roughly 15 km gold trend being evaluated for mineralization continuity and targeting potential.
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