Galactic Gold Provides Summary of Hardrock West Property

Executive Summary

• Galactic Gold Corp. provided a detailed update on its 100%-owned Hardrock West Property (HWP) in northwestern Ontario, highlighting its strategic location adjacent to Equinox Gold’s large Greenstone and Brookbank deposits.
• The company outlined its upcoming 2026 exploration program, which will include district‑scale targeting studies, geophysical surveys, systematic prospecting, detailed structural mapping, and an initial phase of diamond drilling on priority targets.
• Historical context was given: less than 1,500 m of drilling has been completed on HWP versus >500,000 m by neighboring operators, underscoring significant upside potential.

Key Details

• Property Size & Location: 26,245 ha (≈60 km) Hardrock West Property situated ~10 km west of Equinox Gold’s 10.7 M oz Greenstone Mine within the Beardmore‑Geraldton Greenstone Belt.
• Geological Setting: Two major gold‑bearing structures cross the property – Paint Lake Fault (PLF) and Bankfield‑Tombill Deformation Zone (BTDZ). Historic production in adjacent belt includes Northern Empire (149,453 oz Au), Leitch/Sand River (897,356 oz Au), and Bankfield/Tombill mines (135,536 oz Au).
• Historical Work: <1,500 m of drilling on HWP to date; >500,000 m drilled by neighboring Greenstone Gold Mines on adjacent deposits. Nine historic gold occurrences identified within the property.
• Exploration Strategy 2026:
• Completion of a district‑scale targeting study using geological controls from nearby deposits (Brookbank, Northern Empire, Leitch/Sand River, Greenstone).
• Updated property‑wide geophysical surveys to refine target selection.
• Systematic prospecting and detailed structural mapping across high‑potential zones identified in the fall prospecting program (assays pending).
• Initial phase of diamond drilling focused on priority targets derived from the targeting study.
• Qualified Person: Jason Arnold, P.Geo., President of DCX Geological Consulting, reviewed and approved the geological information; noted limited verification of historic data but affirmed its indicative value for exploration potential.
• Forward‑Looking Statements: CEO Ken Berry emphasized the strategic advantage of HWP’s proximity to proven gold infrastructure and expressed confidence in the property’s potential to become a leading gold discovery in 2026.

Notable Quotes

“The Hardrock West Project is immediately adjacent to Equinox Gold's 10.7‑million‑ounce Greenstone Mine…providing a compelling setting for systematic exploration.” – Ken Berry, CEO

Materiality Assessment: Non-Material – Neutral (the release provides an operational update and forward‑looking plans without disclosed financial results or material transactions).