Explor Resources Inc. (fka EXSFF)

[Tamtam]

Galleon Gold Expands Land Position at West Cache Gold Project, Timmins Ontario and Provides Corporate Update.
Galleon Gold Corp 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.

The Company announced on June 29, 2020 that it had commenced phase one of a core drilling program at the West Cache Gold Project. Prospective areas and drill targets on the Dwyer land will start to be identified for testing in the second phase of the drill program.

President and CEO, Mr. R. David Russell commented, “We are excited to be adding this parcel of land to the West Cache Gold Project. We have previously drilled core holes that have intersected mineralization very close to the eastern boundary of the West Cache property and the western Dwyer land boundary. This may prove to be a very strategic move by the Company. We believe that West Cache Gold has tremendous “Geological Blue Sky” potential and this new land augments this potential. With additional exploration drilling we believe we will be able to demonstrate that the structure that already hosts a gold resource will continue onto this new ground.”