Galleon Gold Reports Near Surface Intercepts at West Cache Gold Project – 9.37 g/t Au over 6.0 m

Hole WC-21-173 is located mid-way between previously announced holes WC-21-115 – see press releases dated December 3, 2020 and February 16, 2021.

While additional drilling along the dip and strike of the shoot will further define the mineralized structure, this type of definition drilling will most likely happen once the ramp for the bulk sample is completed and the zone can be drilled from underground.

David Russell, CEO and President of Galleon Gold, comments, “It is great to see that our targeted drilling of the Upper Zone #9 shoot has resulted in us getting a clear understanding of the mineralized structure at surface.

Figure 1 shows a plan view of the 2020-21 drill hole collars with previously released Zone #9 intercepts, while Figure 2 shows a cross section including Hole WC-21-173.

A full copy of the assays and drill hole statistics from the current drill program is available and updated regularly on the Company’s website.

The technical content of this release has been reviewed and approved by West Cache Gold Project Manager Leah Page, P.

Core produced at the West Cache property is delivered to the Company’s Timmins logging facility with all logging, cutting, labeling, and bagging completed under supervision of Qualified Geologists.

Core samples are transported from the Company’s Timmins logging facility to AGAT Laboratories standards, blank material, pulp and coarse duplicate material are inserted every 10 samples.

The West Cache Gold Project is located 13 km west of Timmins Ontario, and is serviced by Provincial highway 101 and secondary access roads.

Eric Sprott holds approximately 23% of the Company’s outstanding common shares and is also the Company’s partner on the Neal Gold Project in Idaho.

The following are important factors that could cause Galleon Gold’s actual results to differ materially from those expressed or implied by such forward-looking statements: changes in the world-wide price of mineral commodities, general market conditions, risks inherent in mineral exploration, risks associated with development, construction and mining operations, the uncertainty of future exploration activities and cash flows, and the uncertainty of access to additional capital.

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