Galloper Gold Commences Diamond Drilling at Glover Island
VANCOUVER, BC / ACCESSWIRE / September 13, 2024 / Galloper Gold Corp. (CSE:BOOM)(OTC PINK:GGDCF)(Frankfurt:W9F) (the "Company" or "Galloper") is pleased to announce that Phase 1 diamond drilling has commenced at the Company's Glover Island Project …
VANCOUVER, BC / ACCESSWIRE / September 13, 2024 / Galloper Gold Corp. (CSE:BOOM)(OTC PINK:GGDCF)(Frankfurt:W9F) (the "Company" or "Galloper") is pleased to announce that Phase 1 diamond drilling has commenced at the Company's Glover Island Project where Galloper's 100%-owned claims cover most of the 40-km-long under-explored Island situated in the prolific "Four Corners" region of Western Newfoundland featuring major deposits of gold, copper and salt.
Galloper's initial drilling is targeting a significant expansion of the known orogenic gold system at Glover Island, while a potential new discovery is emerging adjacent to the gold trend on the western side of the Island where a multi-kilometre-long copper anomaly has been identified through recent Galloper soil sampling combined with an historic VTEM Survey.
Highlights:
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Diamond drilling has started 6 km north of the known historic gold deposit at Glover Island in an area known as "Lucky Smoke" where limited previous exploration has occurred;
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Lucky Smoke is one of multiple gold showings at Glover Island where a contact zone, highly favorable for gold deposition, continues along a minimum 12-km trend;
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The copper anomaly is in an area of Glover Island never previously explored due to very limited outcrop. Prospecting and mapping are following up on recent soil samples and an historic (2008) VTEM Survey. More information on this early-stage prospect will be provided in the near future once more data is received and interpreted.
Mr. Hratch Jabrayan, Galloper CEO, commented: "Glover Island represents compelling new discovery opportunities well beyond the known historic deposit defined more than a dozen years ago, so we're excited to begin the drilling phase of our work there. Most of Glover Island has never been systematically explored as evidenced by the copper anomaly we've uncovered on the western side of the Island. The convergence of major faults at Glover Island and the widespread presence of ‘the right rocks' is an excellent recipe for a potential large-scale system consistent with what has been observed elsewhere in this ‘Four Corners' region of Western Newfoundland."