Galleon Gold Commences Underground Development for West Cache Gold Project

News related to:Galleon Gold Corp · 2 min read

Galleon Gold Corp., a 100%-owned gold exploration company in the Western Porcupine Gold Camp of Ontario, has announced the commencement of underground development at its West Cache Gold Project. This development is a key milestone in the company's strategy to de-risk the West Cache Gold Project and advance its planned 86,500-tonne bulk sample program.

Underground development at the West Cache Gold Project has now advanced to the point where the first of four planned bulk sample stopes in Zone #9 is being targeted. Recent drilling has confirmed grade continuity below the planned extraction areas, providing a solid foundation for the bulk sample program. The box cut and portal ground support are now complete, and ramp development has commenced.

The West Cache Gold Project, a 100%-owned exploration project covering approximately 11,600 hectares, is located 13 kilometers west of Timmins, Ontario, on Provincial Highway 101. Situated in the Western Porcupine Gold Camp, the property is situated along the Destor-Porcupine Fault Zone within the Abitibi greenstone belt. The mining lease area contains the current Mineral Resource Estimate, with additional exploration targets to the north and south. The Mineral Resource Estimate is contained within the Porcupine Sedimentary Basin, a favorable litho-structural corridor with over 5 kilometers of strike-length on the property. Mineralization is open in all directions and at depth.

The West Cache Gold Project is an advanced-stage gold exploration project, and underground development is a significant step in the company's strategy to de-risk the project and systematically advance it through the next stage of development. The company will provide further updates as development advances, including ramping, the start of stope extraction, and the processing arrangements for the 86,500-tonne bulk sample. Safety, environmental stewardship, and operational excellence remain the company's top priorities on site.

The West Cache Gold Project is situated in the Western Porcupine Gold Camp, a prolific gold mining district in Ontario, and is part of the Abitibi greenstone belt, a world-class gold mining region. The project's mineralization is open in all directions and at depth, with additional exploration targets to the north and south. The company's disciplined, phased development strategy aims to expand the resource and progress the 86,500-tonne bulk sample program, which is designed to de-risk and systematically advance the project through the next stage of development.

Galleon Gold Corp. is a gold exploration company focused on advancing its 100%-owned West Cache Gold Project. The company's strategy is to de-risk the project and systematically advance it through the next stage of development, with the goal of extracting the 86,500-tonne bulk sample. The company's underground development at the West Cache Gold Project is a significant step in this strategy, and the company will provide further updates as development advances.

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