• Galleon Gold (GGO) has intersected 6.1 g/t gold over 15 m at its West Cache Gold Project in Timmins, Ontario
  • Another standout result includes 6.88 g/t gold over 7 m, including 13.83 g/t gold over 2 m
  • The West Cache Gold Project is situated along the Porcupine-Destor gold belt
  • Galleon Gold is a North American exploration and development company
  • Galleon Gold (GGO) is up by 5.26 per cent and is currently trading at C$0.10 per share

Galleon Gold (GGO) has intersected 6.1 g/t gold over 15 m at its West Cache Gold Project in Timmins, Ontario.

Recent intercepts from the project’s Zone #9:

  • WC-21-172 intersected 6.1 g/t gold over 15 m (230 to 245 m), including 9.89 g/t gold over 7 m (231 to 238 m). True thickness of these intervals is estimated at 98 per cent of the reported intercept length
  • WC-21-191 intersected 6.88 g/t gold over 7 m (188 to 195 m), including 13.83 g/t gold over 2 m (192 to 194 m). True thickness of these intervals is estimated at 94 per cent of the reported intercept length

Hole WC-21-172 provides additional confirmation of grade and thickness in a key portion of the Zone #9 mineralized shoot 150 to 200 m below surface.

Hole WC-21-191 was designed to test the mineralized grade and geometric projection up-dip from Hole 172.

Results confirm the Upper Zone #9 mineralized shoot’s continuity of grade and thickness.

R. David Russell, President and CEO of Galleon Gold, commented,

“We are getting a very good picture of the Upper Zone #9 mineralized shoot. Given the spacing of drilling and how recent holes continue to support grade continuity and widths, I am looking forward to seeing the development of the geological model and subsequent resource characterization of this shoot.”

The West Cache Gold Project is located 13 km West of Timmins, Ontario situated along the Porcupine-Destor gold belt.

Galleon Gold is a North American exploration and development company. Eric Sprott holds approximately 23 per cent of the company and is also a partner on its Neal Gold Project in Idaho.

Galleon Gold (GGO) is up by 5.26 per cent and is currently trading at C$0.10 per share at market open.

More From The Market Online

Rock Tech notches approvals for German lithium refinery

Rock Tech Lithium (TSXV:RKC) reveals it has received the full permits for its planned lithium refinery in Guben, Germany.
The Market Online Video

Advancing an underexplored area of the Yukon with the same geology as B.C’.s Golden Triangle

Graham Downs and Adam Coulter of Cascadia Minerals (TSXV:CAM) discuss promising projects in the Yukon Territory and British Columbia.

Microcap Star Diamond releases robust diamond valuation

Star Diamond (TSX:DIAM), a microcap mining stock, releases a prospective diamond valuation for three major kimberlite units in Saskatchewan.
The Market Online Video

High-quality lithium projects in Argentina with drilling underway

Argentina Lithium & Energy (TSXV:LIT) is focused on acquiring high-quality lithium projects and advancing them towards production.