TORONTO: August 25, 2021. Galleon Gold Corp. (TSXV: GGO) (the “Company” or “Galleon Gold”) is pleased to announce the appointment of Timothy G. Smith as Interim Chief Operating Officer.
Mr. Smith has over 30 years experience in the mining industry. He was Vice President - U.S. & Canadian Operations at Apollo Gold where he led the mine start up and mill expansion of the Black Fox Mine and Stock Mill located outside of Timmins, Ontario (now owned by McEwen Mining). Previous operating experience also includes General Manager of the Montana Tunnels polymetallic mine, Montana, Operating Manager at Red Dog Mine in Alaska, Vice President - Operations for Pine Point Mining (now owned by Osisko Metals) and COO of Fire River Gold. Mr. Smith also operates a private consulting firm, Tunnels LLC.
Mr. Smith holds a Bachelor of Engineering (Metallurgical) from McGill University, Montreal, Quebec. He is a professional engineer, registered in B.C., and holds dual U.S. and Canadian citizenships.
Note from the CEO of Galleon Gold
R. David Russell CEO and President of Galleon Gold commented, “I am extremely pleased that Tim has joined the Galleon Gold team at this important juncture in the development of our West Cache Gold project. His extensive experience in the mining industry coupled with his depth of knowledge in developing mines and mills in the Timmins camp will be invaluable as we start to develop the mine plan and bulk sample program for the project.”
About Galleon Gold
Galleon Gold is a North American exploration and development company. Eric Sprott holds approximately 23% 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, located 13 km from Timmins, Ontario.
Some of the statements contained herein may be forward-looking statements which involve known and unknown risks and uncertainties. Without limitation, statements regarding potential mineralization and resources, exploration results, expectations, plans, and objectives of Galleon Gold are forward-looking statements that involve various risks. The following are important factors that could cause Galleon Gold’s actual results to differ materially from those expressed or implied by such forward-looking statements: changes in the world-wide price of mineral commodities, general market conditions, risks inherent in mineral exploration, risks associated with development, construction and mining operations, the uncertainty of future exploration activities and cash flows, risks related to infectious diseases, including Covid-19, and the uncertainty of access to additional capital. There can be no assurance that forward-looking statements will prove to be accurate as actual results and future events may differ materially from those anticipated in such statements. Galleon Gold undertakes no obligation to update such forward-looking statements if circumstances or management’s estimates or opinions should change. The reader is cautioned not to place undue reliance on such forward-looking statements.
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