Welcome to our dedicated page for Galloper Gold news (Ticker: GGDCF), a resource for investors and traders seeking the latest updates and insights on Galloper Gold stock.
Galloper Gold Corp. reports mineral exploration developments for its gold-focused properties in the Central Newfoundland Gold Belt, led by the Glover Island project. Company news centers on the Lunch Pond South Extension deposit, NI 43-101 mineral resource estimates, geophysical evaluation, drilling targets, and regional prospects such as Lucky Smoke and Mint Pond.
Recurring updates also cover private placements, debt settlements, option grants, insider share transactions, and marketing or capital-markets agreements tied to its exploration-stage financing and governance activities.
Galloper Gold (OTC: GGDCF) retained P&E Mining Consultants to update a NI 43-101 Mineral Resource Estimate (MRE) for the 100%‑owned Lunch Pond South Extension (LPSE) on Glover Island.
The 2017 LPSE resource shows open‑pit and underground indicated and inferred tonnes/grades; results of the updated MRE are expected in Q2 2026.
Galloper Gold (OTC Pink: GGDCF) closed a $2.5M non-brokered private placement on February 9, 2026, issuing 41,666,667 units at $0.06 per unit. Each unit includes one common share and one warrant exercisable at $0.09 until February 9, 2029.
Finders' fees of $31,184.85 were paid. Net proceeds are intended for the 2026 exploration program and general working capital. Issued securities are subject to Canadian statutory hold periods and CSE exchange hold requirements.
Galloper Gold (OTC: GGDCF) issued 1,000,000 common shares at a deemed price of $0.065 per share to settle $65,000 of debt for past management services, completed November 27, 2025. The sole creditor was CEO Hratch Jabrayan, making the transaction a related party deal under MI 61-101. The company relied on the Issuer Not Listed on Specified Markets and Fair Market Value ≤ $2,500,000 exemptions to avoid formal valuation and minority approval requirements. The issued shares are subject to a statutory four-month hold period under applicable securities laws.
Galloper Gold Corp (OTC Pink: GGDCF) announced an incentive stock option grant on November 19, 2025.
The company granted options to purchase a total of 200,000 common shares at an exercise price of $0.065 per share. The options vest under the omnibus equity incentive plan and expire after 24 months. The grant was made to a consultant of the company.
Galloper Gold (OTC Pink: GGDCF) announced a proposed debt settlement on November 19, 2025. Subject to regulatory approval, the company intends to issue 1,000,000 common shares at a deemed price of $0.065 per share to settle $65,000 of past management fees (excluding GST). The issued shares will be subject to a four-month statutory hold period following closing in accordance with applicable securities legislation.
Galloper Gold (OTC Pink: GGDCF) announced initiation of a targeted exploration evaluation on Glover Island on October 27, 2025, focusing on historic gold‑mineralized prospects along an ~11 km Glover Island Trend that hosts the LPSE resource.
Activities include a helicopter field visit, assessment of newly acquired adjacent claims, review of historic Newfoundland government drill core, and engagement of a marketing consultant under a six‑month agreement with 300,000 stock options exercisable at $0.08.
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 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) has announced a stock option grant to company officers. The grant consists of 1,750,000 incentive stock options with an exercise price of $0.085 per common share. The options have a validity period of 24 months and were granted under the company's omnibus equity incentive plan.
Galloper Gold Corp. (OTC Pink: GGDCF) has announced the appointment of Souren Sarkissov to its Board of Directors. Sarkissov brings over 25 years of experience as a Toronto-based entrepreneur and investor, with expertise in building and managing private companies.
Sarkissov currently serves as Chairman of the Board of a privately held multi-national Oil and Gas company and is CEO of a Toronto-based enterprise. He holds a master's degree in electrical engineering. To accommodate this appointment, Nader Elm has resigned from the Board.
The company also acknowledged receiving financial support from the Junior Exploration Assistance Program from the Government of Newfoundland and Labrador.