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Galleon Gold Corp V.GGO

Alternate Symbol(s):  PNCKF

Galleon Gold Corp. is a Canada-based advanced exploration and development company focused on the West Cache Gold Project in Timmins, Ontario. The West Cache Gold Project is located approximately seven kilometers (km) northeast of Pan American Silver’s Timmins West Mine and 14 km southwest of Newmont’s Hollinger Mine. The land package totals approximately 10,370 hectares (ha) and consists of a mining lease, mining licenses of occupation (MLO), patent claims and mining claims. Its Golden Trove Project is a high-grade gold-dominant vein system. It is located approximately 27 km southeast of Boise, Idaho. Golden Trove private property consists of about five patented mining claims covering approximately 22.4 ha and another seven unpatented lode claims covering about 52.6 ha located on Forest Service administered public lands. The additional properties in the Company’s portfolio include Eastford Lake, Golden Harker, West Cache Ogden, and West Cache Price.


TSXV:GGO - Post by User

Comment by GoneBrokeon Dec 03, 2023 7:27pm
175 Views
Post# 35766247

RE:RE:open pit

RE:RE:open pitI should probably add , that GGO has made many hurdles to get to the place it is at this time .
They are at the very beginnings of opening a very profitable underground mine , with a life somewhere in the neighbourhood of 13years ( if my memories are correct ) .
The rest of the property likely will contain 10 million ounces of gold or more , that will be open pit mined ; once drilled out ... potentials for buyout offers will roll in once results from the bulk sample are proven out and quantified > it's necessary for De-risking .

This is not the end > it is just the beginning of something very good > sadly more patience is needed .
GGO will be a profitable investment > hang in there .
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