Galleon Gold Secures Closure Plan Approval for West Cache Gold Project

Galleon Gold Corp.

Bulk Sample Program to Support Pre-Feasibility Studies and Reduce Project Risk

Galleon Gold Corp. (TSX-V: GGO) (FSE:3H90) has received formal approval from Ontario’s Ministry of Energy and Mines to proceed with an advanced exploration bulk sample program at its 100%-owned West Cache Gold Project in Timmins, Ontario.

Key Approval for West Cache Gold Project

On April 9, 2025, Ontario’s Ministry of Energy and Mines accepted and filed the Closure Plan for the West Cache Project. This approval enables the Company to initiate an advanced exploration program, which includes extracting an 86,500-tonne bulk sample. The sample is projected to grade 8.13 g/t gold and contain approximately 22,600 ounces of gold before recoveries.

David Russell, President and CEO of Galleon Gold, commented:

“We are pleased to achieve this milestone for the West Cache Project. This approval reflects the dedication of our team and collaboration with the Ministry of Energy and Mines. We appreciate the ongoing support from Indigenous communities, the town of Timmins, and the Ontario government. With this approval in place, we are ready to advance surface work and begin pre-development activities.”

Bulk Sample Program and Project Development

The underground exploration phase will generate critical data for pre-feasibility studies, supporting decisions on mining methods, drilling strategies, and mill processing. The Closure Plan details project construction, mining plans, environmental monitoring, and rehabilitation efforts.

With the approval secured, Galleon Gold will commence site preparation, surface work, and pre-development activities, providing ongoing updates as progress continues.

About Galleon Gold

Galleon Gold is an advanced-stage exploration and development company focused on the West Cache Gold Project in Timmins, Ontario. Located 7 km northeast of Pan American Silver’s Timmins West Mine and 14 km southwest of Newmont’s Hollinger Mine, the West Cache Project is positioned in a highly prospective mining district. The recent Closure Plan approval allows Galleon Gold to initiate underground bulk sampling as part of its strategy to advance the project toward production.