Galleon Gold Corp (PNCKF)

[douginil]

Galleon Gold Extends Gold Mineralization on Eastern Flank at
West Cache Project

July 21, 2021

Galleon Gold Corp. ]TSXV-GGO] (the “Company” or “Galleon Gold”) is pleased to announce final assay results from the 2021 East Pit extension drill program at the Company’s 100% owned West Cache Gold Project, Timmins, Ontario. With all assays now complete for this area, results continue to confirm the easterly extension of multiple gold zones. This information can now be included in the PEA resource model.

Final East Pit Area Extension Drilling Summary:

Eastward Extension of East Pit - additional 350 meters of mineralization added on strike
East Pit gold system remains open to the east
Potential to add incremental gold resources to the PEA (currently underway)
Multiple near surface intercepts with significant gold grades, including:

o WC-21-195 with 4.5 m at 1.17 g/t (147 to 151.5m)
o WC-21-203 with 2.0 m at 3.61 g/t (44 to 46m) and 5.5 m at 1.13 g/t (117.5 to 123 m)
o WC-21-205 with 4.0 m at 2.32 g/t (53 to 57 m) and 5.5 m at 1.51 g/t (116 to 121.5 m)
o WC-21-208 with 6.0 m at 1.75 g/t (45.5 to 51.5 m)
o WC-21-209 with 4.45 m at 1.23 g/t (36.05 to 40.5 m)

Drilling confirms up-dip projection of historic deeper drilling



Read more at and view graphics at:
https://resourceworld.com/?na=v&nk=6621-741adf496e&id=876