- Galleon Gold’s (GGO) announced positive results from metallurgical studies performed on samples from its West Cache Gold Project
- The 100-per-cent owned West Cache Project is located near Timmins, Ontario
- Initial metallurgical test work was performed on samples from Zone #9 and show high gold recovery rates
- A Preliminary Economic Assessment is currently underway on the project
- Galleon Gold is unchanged, trading at C$0.12 at 1:06 pm ET
Galleon Gold’s (GGO) announced positive results from metallurgical studies performed on samples from its West Cache Gold Project.
The West Cache Gold Project is located 13 kilometres west of Timmins Ontario and is serviced by a provincial highway and secondary access roads. It is situated along the Porcupine – Destor gold belt, approximately 7 kilometres northeast of Pan American Silver’s Timmins West Mine and 14 kilometres southwest of Newmont’s Hollinger Mine.
Galleon Gold is a North American exploration and development company. Eric Sprott holds approximately 23 per cent of the company’s outstanding common shares and is also the company’s partner on the Neal Gold Project in Idaho. A Preliminary Economic Assessment is currently underway for the company’s flagship project, the West Cache Gold Project.