Galleon Gold starts soil sampling program at West Cache

Executive Summary

• Galleon Gold has launched a 2025 soil sampling program at its 100 % owned West Cache gold project, targeting ~1,000 MMI (mobile metal ion) samples to refine drill targets on previously untested portions of the property.
• The program builds on prior work that collected ~2,200 samples (2021‑2024) and will focus on four newly identified anomaly areas (A1‑A4), some showing gold‑MMI responses up to 50× background and significant pathfinder element anomalies.
• Results are intended to guide the upcoming 86,500‑tonne underground bulk sample program and future drilling that could expand the existing mineral resource.

Key Details

• Program Scope: Approx. 1,000 soil samples for MMI analysis across four target zones (A1–A4) within an 11,580 ha West Cache project.
• Previous Work: 2,200 soil samples collected 2021‑2024 over ~9 km²; data used to develop a reconnaissance geochemical grid.
• Anomaly A1: Located ~1.5 km SE of Zone 9; MMI gold up to 2.5 ppb (≈50× background), zinc up to 42× background; 12/47 samples >10× background for Ag/Zn.
• Anomalies A2 & A3: West‑trend targets adjacent to known VTEM conductors; AR sampling shows elevated Cu, Ag, Zn, Cd, Pb; soil anomalies align with geophysical signatures.
• Anomaly A4: North of Highway 101 in Tisdale metavolcanic stratigraphy; 7/30 samples >5× background for Au (up to 32×), 9 samples 10‑30 ppb Te; secondary anomaly 600 m east with high Mo and Cu values.
• Sampling Methodology: ~250 g B‑horizon samples collected 10‑20 cm below organic‑inorganic interface; duplicate rate ≈1 in 50; analyzed by SGS Canada (GE‑MMIM, 53 elements) and AGAT Laboratories (AR, 36/51 elements).
• Technical Review: Content reviewed and approved by Leah Page, P.Geo, qualified person under NI 43‑101.
• CEO Comment (David Russell): Emphasized the need to prioritize inexpensive grassroots geochemical work to focus drill targets while bulk sampling preparations continue; future drilling expected to expand resource base and potentially uncover new discoveries.

Notable Quotes

“Geochemical sampling is an inexpensive grassroots exploration technique that can assist with focusing drill targets as we systematically explore around and outside the bounds of our existing mineral resource area.” – David Russell, President & CEO

All forward‑looking statements are subject to risks and uncertainties; readers should refer to Galleon Gold’s latest filings for detailed disclosures.