Galleon Gold Corp. reports news centered on the West Cache Gold Project, a 100%-owned gold project in Timmins, Ontario. Recurring company updates cover exploration drilling, geological modelling, resource-focused targets, project permitting, box-cut excavation, underground-access preparation, and the planned 86,500-tonne bulk sample program.
Galleon Gold news also includes capital and corporate actions tied to project development. Recent disclosures describe convertible debenture interest payments through common-share issuances, credit-facility terms, related-party transaction classifications under Canadian securities rules, OTCQX trading under GGOXF, and operational updates involving site preparation, water permitting, and technical project staffing.
Galleon Gold (GGOXF) has engaged Hard Rock Consulting to support an updated preliminary economic assessment of its West Cache Gold Project.
The assessment, an early-stage evaluation of project economics, is expected to incorporate drilling and technical work completed since the maiden assessment and resource estimate effective January 10, 2022. The 2026 drilling extended Zone #9 beyond 500 metres of vertical extent. Hard Rock will update the geological model, resource classification and technical database. An 86,500-tonne bulk sample program is underway at the 100%-owned project in Timmins, Ontario. The company intends to use the work, together with the selected mining method and expected bulk-sample data, to support future feasibility-level studies and development decisions.
Galleon Gold (GGOXF) has started underground development at its 100%-owned West Cache Gold Project in Timmins, Ontario, advancing its planned 86,500-tonne bulk sample program.
The box cut and portal ground support are complete and ramp development is under way toward the first of four planned bulk sample stopes in Zone #9. Recent drilling in this zone has confirmed grade continuity below the planned extraction areas. The company plans to use the bulk sample to collect engineering, geological and operational data to support future mine development and will provide further updates as ramping, stope extraction and processing arrangements progress.
Galleon Gold (GGOXF) will participate in the inaugural Gentile Mining Investor Forum, a full-day investor conference in London on October 19, 2026, at 116 Pall Mall in Mayfair. The event is organized by strategic junior mining investor Michael Gentile in partnership with Amvest Capital and supported by sponsors including ATB Cormark Capital Markets, Beacon Securities, STIFEL, and Canaccord Genuity. Up to 150 investors, family offices, wealth managers, and sector-focused high-net-worth individuals are expected to attend.
The Forum will feature structured one-on-one meetings, issuer showcases presented by TSX and TSX Venture Exchange, an executive lunch and panel, and an all-day investor lounge and networking reception. Galleon Gold’s CEO David Russell said the event offers a platform to present the Company’s growth story and the potential of its West Cache Gold Project, which is being advanced through resource expansion and an 86,500-tonne bulk sample program. Investor attendance is free, subject to reviewed registration, with details at gentileminingroadshow.com.
Galleon Gold (OTCQX:GGOXF) reported new drill results from Zone #9 at its 100%-owned West Cache Gold Project near Timmins, Ontario. Key intercepts include 6.8 g/t Au over 19.45 m within 4.72 g/t Au over 29.05 m in hole WC-26-241, and 6.25 g/t Au over 10.2 m in WC-26-239.
The company has completed 11,500 m of a planned 18,000 m program, tracing the Zone #9 corridor to ~500 m vertical depth and confirming grade continuity around prior high-grade hole WC-26-237. Zone #9 remains open in all directions, and all technical data were reviewed by a Qualified Person under NI 43-101 with detailed QA/QC protocols in place.
Galleon Gold (OTCQX:GGOXF) reported new drill results from Zone #9 at its 100%-owned West Cache Gold Project near Timmins, Ontario. Drilling has extended Zone #9 mineralization 360 metres down-plunge (350 metres down-dip) from the planned bulk sample stopes to a vertical depth of 500 metres.
Key intercepts include 2.03 g/t Au over 23.25 m in hole WC-26-238 and 2.61 g/t Au over 12.0 m in WC-26-240, with localized higher grades. Hole WC-26-236 extends the strike of the deeper Zone #9 extension to over 125 m. Zone #9 remains open in all directions and is being traced toward the high-grade West Deep zone, although continuity between the two systems has not yet been demonstrated. All assays follow NI 43-101 QA/QC procedures.
Galleon Gold (OTCQX:GGOXF) issued a Limited Notice to Proceed and Letter of Award to Aki-Dumas for underground development at the West Cache Gold Project near Timmins, Ontario.
The LNTP covers early engineering, planning, procurement, mobilization, and box cut preparation for the planned bulk sample program.
The parties expect to finalize a definitive underground development agreement. Initial work will create underground access and infrastructure for the bulk sample. The technical information was reviewed and approved by Qualified Person David Young, PE, under NI 43-101 standards.
Galleon Gold (OTCQX:GGOXF) announced the retirement of director Mario Colantonio, effective immediately. He is stepping down from the Board after many years of service.
The Board thanked Colantonio for his dedicated service, guidance, and contributions to Galleon Gold's growth and development, and extended best wishes for his retirement.
Galleon Gold (OTCQX:GGOXF) reported a major drill intercept at its 100%-owned West Cache gold project in Timmins, Ontario. Hole WC-26-237 returned 16.07 g/t Au over 9.25 m, within 12.69 g/t Au over 12.35 m and a broader interval of 4.07 g/t Au over 40.9 m (true thickness ~98.5%). The intercept lies about 275 m down-dip from planned Zone #9 bulk sample stopes and 440 m below surface, supporting continuity of high-grade mineralization down-plunge. Galleon Gold notes the fully financed 86,500 tonne bulk sample is advancing on schedule, with access roads, hydro line and box cut construction completed.
Galleon Gold (OTCQX:GGOXF) reported first 2026 drill results from its 100%-owned West Cache Gold Project near Timmins, Ontario.
Drilling confirms down-dip continuity of Zone #9 below planned bulk sample stopes and intersects multiple mineralized intervals that expand the footprint of the nearby South Zone.
Highlights include up to 5.13 g/t Au over 9.97 m and 7.77 g/t Au over 1.00 m.
Galleon Gold (OTCQX:GGOXF) reported that all resolutions at its May 20, 2026 Annual and Special Meeting were approved. Shareholders elected six directors, while Gerhard Merkel moved to an advisory role. Disinterested shareholders approved a Control Person Resolution tied to up to 27,152,777 shares for Pan American Silver.
Shareholders also re-appointed Grant Thornton as auditor, continued the stock option plan, and the company plans to attend the Canadian Mining Expo in Timmins on June 10–11, 2026.