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Galloper Gold Corp. (CSE: BOOM,OTC:GGDCF) (OTC Pink: GGDCF) (the "Company" or "Galloper") is pleased to announce it has initiated geophysical exploration evaluation of Glover Island over a multi-phase program beginning in 2026.
Key Highlights include:
Modernization and new evaluation of historic data – decades of historic exploration geophysical data on the island will be upgraded into a modern framework with modern modelling techniques.
Evaluation of Mag, VTEM, and IP data within geospatial framework to focus on historic prospects, LPSE resource, and untested areas, all incorporating new exploration data and building on insights with historic data.
Prioritization of new geophysical targets for Phase 2 Geophysical program in 2026.
Hratch Jabrayan, CEO of Galloper Gold commented: "Galloper is excited to develop it's geophysical program on Glover Island. This allows for a rich history of exploration geophysical data on the island to be evaluated and normalized using modern techniques. This will develop the technical foundation for Galloper Gold to generate a Phase 2 geophysical program, which will shape the 2026 drilling program with mineralization targets of high merit and informs with a focused exploration strategy."
Qualified Person
The technical information in this news release has been reviewed and approved by Mr. Bryan Sparrow, P.Geo., Vice President of Exploration for Galloper Gold. Mr. Sparrow is the Qualified Person responsible for the scientific and technical information contained herein under National Instrument 43-101 standards.
About Galloper Gold Corp.
Galloper Gold Corp. is focused on mineral exploration in central Newfoundland on its Glover Island exploration project. The property comprises 466 mining claims on 13 mineral licences covering 116.6sqkm (11,660 Ha). Historic exploration efforts produced the LPSE Resource which is wholly controlled by Galloper Gold Corp.
For more information please visit www.GalloperGold.com and the Company's profile on SEDAR+ at www.sedarplus.ca.
On behalf of the Board of Directors,
Mr. Hratch Jabrayan CEO and Director Galloper Gold Corp.
Company Contact:
info@gallopergold.com
Tel: 778-655-9266
Forward-Looking Statements
This news release contains forward-looking statements within the meaning of applicable securities laws. The use of any of the words "anticipate", "plan", "continue", "expect", "estimate", "objective", "may", "will", "project", "should", "predict", "potential" and similar expressions are intended to identify forward-looking statements. Although the Company believes that the expectations and assumptions on which the forward-looking statements are based are reasonable, undue reliance should not be placed on the forward-looking statements because the Company cannot give any assurance that they will prove correct. Since forward-looking statements address future events and conditions, they involve inherent assumptions, risks and uncertainties. Actual results could differ materially from those currently anticipated due to a number of assumptions, factors and risks. These assumptions and risks include, but are not limited to, assumptions and risks associated with mineral exploration generally, risks related to capital markets, risks related to the state of financial markets or future metals prices and the other risks described in the Company's publicly filed disclosure.
Management has provided the above summary of risks and assumptions related to forward-looking statements in this news release in order to provide readers with a more comprehensive perspective on the Company's future operations. The Company's actual results, performance or achievement could differ materially from those expressed in, or implied by, these forward-looking statements and, accordingly, no assurance can be given that any of the events anticipated by the forward-looking statements will transpire or occur, or if any of them do so, what benefits the Company will derive from them. These forward-looking statements are made as of the date of this news release, and, other than as required by applicable securities laws, the Company disclaims any intent or obligation to update publicly any forward-looking statements, whether as a result of new information, future events or results or otherwise. Neither the Canadian Securities Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/287766
