Galleon Gold Corp (PNCKF)

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Galleon Gold Initiates Survey to Convert Claims to Mining Lease Status

Feb 8, 2021

Galleon Gold Corp. (TSXV: GGO) (the “Company” or “Galleon Gold”) is pleased to report that it has received instructions from the Office of the Surveyor General (the “Surveyor General”) with respect to requirements for a Perimeter Survey at its 100% owned West Cache Gold Project, Timmins, Ontario (“West Cache” or the “Project”). The Surveyor General overseas all Ontario Crown land surveys; a land survey is required before Provincial mining claims can be converted to a land lease. While a company may explore and drill on mining claims, the claims must be converted to a lease before mining activities, such as infrastructure development and ore extraction, can commence. Receiving these instructions is a crucial step in the development of West Cache from an exploration and development project to a producing mine.


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