Galleon Gold Corp (PNCKF)

[Erschlossenheit]

today's property expansion announcement paves the yellow-brick road to the first touch of $1.00/sh ahead of some drill results, perhaps as early as August; time shall tell. One thing is clear, uncharacteristic of penny-stocks, the shares did not fall the exact of the rise. I.e., some of those who bought last week are strong-hands and imparting traction.

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Toronto, Ontario--(Newsfile Corp. - July 6, 2020) - Galleon Gold Corp. (TSXV: GGO) (the "Company" or "Galleon Gold") is pleased to announce that it has expanded its land position at the West Cache Gold Project, Timmins, Ontario. The Company has acquired 8 patent claims, in the Ogden Township, contiguous to the eastern boundary of the property. This private land has been held by the Dwyer family for over 100 years, it was originally purchased by Fredrick D. Dwyer as a gold prospect. Galleon Gold is very pleased that the family has entrusted the stewardship and exploration of this land to the Company. The West Cache Dwyer Land, will retain a 2.0 % NSR which can be purchased for $2,000,000.

Importantly, these claims are on strike and only 600 meters from the proposed open pit location identified in the Company's current project development plans. With the acquisition of this private ground the Company has gained an additional 2 kilometers of strike potential along the Destor Porcupine Fault Structure corridor. . . .