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Galleon Gold gets Drilling Permit for Timmins West Cache Project

Mar 27, 2024

"We have spent much of the last year focused on environmental studies, detailed engineering and permitting requirements for the upcoming bulk sample; but we have not lost sight of the vast exploration potential of the overall property package," said President and CEO David Russell. "While we have proven we can add ounces to the current resource with infill and step-out drilling along strike and at depth, we expect continued grassroots exploration will lead to new discoveries."

Galleon Gold Corp. has received a new Exploration Drilling Permit from the Ontario Ministry of Mines, Mineral Development Branch for its West Cache Gold Project in Timmins. The permit covers the entirety of the Company's Mining Lease and increases the exploration area to approximately 3,200 hectares. The Company completed 227 drill holes under the old permit and plans to initiate additional grassroots exploration programs to the north and south of the previously drilled areas. Galleon Gold also intends to drill from underground during the bulk sample development, targeting the strike-dip extension of Zone #9 and the South Areas. The Company has submitted the necessary documents to move from exploration to advanced exploration status and is awaiting instructions for the submission of the final draft for an 86,500-tonne bulk sample.

Tags: Northern Ontario / Exploration / Gold / All Articles