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Galleon Gold Corp PNCKF


Primary Symbol: V.GGO

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

Post by cookhouseon Aug 08, 2024 10:45am
171 Views
Post# 36169421

permit progress

permit progress This is a reiteration of what I posted  a month ago: They are waiting for sign off from the Ministry on their draft Closure Plan and are completing the consultation process so they can proceed with construction. The Closure plan involves the financial assurance of cash needed for site restoration. The company knows exactly where they are in the permit process.

Nothing goes quickly; this is not going to the Motor Vehicle Branch and getting a licence plate.

Some should do a little more homework before having a conniption fit. Check this:

https://www.ontario.ca/page/mining-sequence

They are in the advanced exploration phase. They may start clearing overburden unless the "special people" complain for more 'con$ultation.' I'll let you figure out who they may be. and how that would affect the financial assurance.
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