Galloper Gold To Commence Copper Prospect Exploration Program
Galloper Gold Corp (CSE:BOOM)(OTC:GGDCF) has announced plans to commence an exploration program for a copper prospect on its Glover Island property in Newfoundland. The program will focus on investigating a VTEM anomaly on the western side of the property, which spans approximately 3.5 kilometers with an additional 3 kilometers of resistivity lows.
The exploration initiative will involve a geological survey and sampling program conducted over two weeks, utilizing three crews of geologists and technicians based in Deer Lake. The target area, situated in the Grand Lake Complex, remains largely underexplored with no previous documented sampling or drilling by the government.
The company's Glover Island Property consists of 532 mining claims covering 13,300 hectares, while its Mint Pond property comprises 499 claims totaling 12,475 hectares, both located in the Central Newfoundland Gold Belt.
Galloper Gold Corp (CSE:BOOM)(OTC:GGDCF) ha annunciato l'avvio di un programma di esplorazione per un giacimento di rame nella proprietà di Glover Island a Terranova. Il progetto si concentrerà sull'indagine di un'anomalia VTEM sul lato occidentale della proprietà, che si estende per circa 3,5 chilometri, con ulteriori 3 chilometri di zone a bassa resistività.
L'iniziativa di esplorazione prevede un'indagine geologica e un programma di campionamento della durata di due settimane, con tre squadre di geologi e tecnici basati a Deer Lake. L'area target, situata nel Grand Lake Complex, è ancora poco esplorata e non presenta campionamenti o perforazioni documentate da parte del governo.
La proprietà Glover Island della società comprende 532 concessioni minerarie per un totale di 13.300 ettari, mentre la proprietà Mint Pond conta 499 concessioni che coprono 12.475 ettari, entrambe situate nella Central Newfoundland Gold Belt.
Galloper Gold Corp (CSE:BOOM)(OTC:GGDCF) ha anunciado planes para iniciar un programa de exploración de un prospecto de cobre en su propiedad Glover Island en Terranova. El programa se centrará en investigar una anomalía VTEM en el lado occidental de la propiedad, que abarca aproximadamente 3,5 kilómetros, con otros 3 kilómetros adicionales de bajas resistividades.
La iniciativa de exploración incluirá un estudio geológico y un programa de muestreo durante dos semanas, con tres equipos de geólogos y técnicos basados en Deer Lake. El área objetivo, ubicada en el Grand Lake Complex, sigue siendo en gran parte inexplorada y no cuenta con muestreos o perforaciones documentadas por el gobierno.
La propiedad Glover Island de la empresa consta de 532 concesiones mineras que cubren 13.300 hectáreas, mientras que su propiedad Mint Pond comprende 499 concesiones que suman 12.475 hectáreas, ambas ubicadas en la Central Newfoundland Gold Belt.
Galloper Gold Corp (CSE:BOOM)(OTC:GGDCF)는 뉴펀들랜드의 글로버 아일랜드 부동산에서 구리 탐사를 시작할 계획을 발표했습니다. 탐사 프로그램은 부동산 서쪽에 위치한 약 3.5킬로미터에 걸친 VTEM 이상과 추가로 3킬로미터의 저저항 구간을 조사하는 데 중점을 둘 예정입니다.
탐사 활동은 디어 레이크에 기반을 둔 지질학자 및 기술자 3개 팀이 2주간 지질 조사 및 시료 채취 프로그램을 수행하는 방식으로 진행됩니다. 그랜드 레이크 콤플렉스에 위치한 목표 지역은 대부분 미탐사 상태이며, 정부에 의해 이전에 문서화된 시료 채취나 시추 기록이 없습니다.
회사의 글로버 아일랜드 부동산은 532개의 광산 청구권으로 구성되어 있으며 총 면적은 13,300헥타르입니다. 민트 폰드 부동산은 499개의 청구권으로 총 12,475헥타르에 달하며, 두 부동산 모두 센트럴 뉴펀들랜드 골드 벨트에 위치해 있습니다.
Galloper Gold Corp (CSE:BOOM)(OTC:GGDCF) a annoncé son intention de lancer un programme d'exploration pour un gisement de cuivre sur sa propriété de Glover Island à Terre-Neuve. Le programme se concentrera sur l'investigation d'une anomalie VTEM située sur le côté ouest de la propriété, qui s'étend sur environ 3,5 kilomètres, avec 3 kilomètres supplémentaires de faibles résistivités.
Cette initiative d'exploration comprendra une étude géologique et un programme d'échantillonnage sur deux semaines, mobilisant trois équipes de géologues et techniciens basés à Deer Lake. La zone cible, située dans le Grand Lake Complex, reste largement inexplorée et n'a fait l'objet d'aucun échantillonnage ou forage documenté par le gouvernement.
La propriété Glover Island de la société comprend 532 concessions minières couvrant 13 300 hectares, tandis que sa propriété Mint Pond compte 499 concessions totalisant 12 475 hectares, toutes deux situées dans la Central Newfoundland Gold Belt.
Galloper Gold Corp (CSE:BOOM)(OTC:GGDCF) hat Pläne angekündigt, ein Explorationsprogramm für ein Kupfervorkommen auf seinem Grundstück Glover Island in Neufundland zu starten. Das Programm wird sich auf die Untersuchung einer VTEM-Anomalie auf der Westseite des Grundstücks konzentrieren, die sich über etwa 3,5 Kilometer erstreckt, mit zusätzlichen 3 Kilometern mit niedriger Leitfähigkeit.
Die Explorationsinitiative umfasst eine geologische Vermessung und ein Probenahmeprogramm, das über zwei Wochen mit drei Teams von Geologen und Technikern aus Deer Lake durchgeführt wird. Das Zielgebiet im Grand Lake Complex ist weitgehend unerforscht und weist keine dokumentierten Probenahmen oder Bohrungen durch die Regierung auf.
Das Glover Island-Grundstück des Unternehmens besteht aus 532 Bergbaulizenzen, die sich über 13.300 Hektar erstrecken, während das Mint Pond-Grundstück 499 Lizenzen mit insgesamt 12.475 Hektar umfasst, beide befinden sich im Central Newfoundland Gold Belt.
- New exploration program targeting significant copper prospect with 6.5km total anomaly length
- Property location in established mining jurisdiction with government support through Junior Exploration Assistance Program
- Expansion of mineral potential beyond existing gold occurrences
- No previous drilling or sampling data available for the anomaly
- Early-stage exploration with no guaranteed results
- Additional funding may be required for future drill program
VANCOUVER, BC / ACCESS Newswire / April 25, 2025 / Galloper Gold Corp. (CSE:BOOM)(OTC PINK:GGDCF) (the "Company" or "Galloper") is pleased to provide a corporate update as the Company continues to advance its assets in Newfoundland.
GALLOPER GOLD TO BEGIN EXPLORING COPPER PROSPECT ON ITS CLAIMS ON GLOVER ISLAND, NEWFOUNDLAND
The Company is planning an exploration program over the VTEM anomaly on the western side of its Glover Island property.
This VTEM anomaly is situated in the Grand Lake Complex in an area otherwise underexplored. It is coincident with a resistivity low as is the more documented VMS showings in the more commonly known and explored Kettle Pond Formation to the east. There has been no sampling or drilling documented by the government on this anomaly.
The known VTEM and resistivity anomaly covers a length of almost 3.5 kms with an additional 3 kms of resistivity lows where there is no VTEM coverage.
The company is planning a geological survey and sample program over the anomaly with the objective to enhance the understanding of the anomaly and to identify targets for a future drill program. The program is planned to cover the entire anomaly over a period of two weeks with three crews of geologists and technicians based out of the local community of Deer Lake.
Mr. Hratch Jabrayan, Galloper CEO Commented, "Exploring the copper anomaly on Glover Island is exciting in that it has the potential to add to an already well mineralized endowment of the property, including the already present gold occurrences."
The claims are on Glover Island are contiguous to Galloper's current holdings at its flagship and drill-ready Glover Island Property.
Qualified Person
The technical information in this news release has been reviewed and approved by Mr. Peter Lauder, P.Geo., Director and Senior Geologist for Galloper Gold. Mr. Lauder is the Qualified Person responsible for the scientific and technical information contained herein under National Instrument 43-101 standards.
Company Contact: info@gallopergold.com, 778-655-9266
Investor Relations:
MarketSmart Communications
Tel: 877-261-4466
Acknowledgment - Newfoundland & Labrador Junior Exploration Assistance Program
Galloper Gold acknowledges the financial support of the Junior Exploration Assistance Program, Department of Natural Resources, Government of Newfoundland and Labrador.
Galloper Gold Corp.
Galloper is focused on mineral exploration in the Central Newfoundland Gold Belt with its Glover Island and Mint Pond properties, each prospective for gold and base metals. The Glover Island Property consists of 532 mining claims totaling 13,300 hectares while Mint Pond consists of 499 claims totaling 12,475 hectares.
For more information please visit www.GalloperGold.com and the Company's profile on SEDAR+ at www.sedarplus.ca.
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. Forward looking statements in this news release include statements regarding the proposed property purchase transaction and acquisition of additional claims, the provision of IR services by the Consultant, and the grant of stock options. Actual results could differ materially from those currently anticipated due to a number of assumptions, factors and risks, including the risk that the property purchase transaction may not be completed as expected or at all, or that the option grants may vary. 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.
SOURCE: Galloper Gold Corp.
View the original press release on ACCESS Newswire
FAQ
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