THE PROPERTY

The Destor property is located in the central part of Destor Township, approximately 30 km north of Rouyn-Noranda, Quebec. Road access is provided by Hwy 393 which traverses the northern part of the property and connects to the Town of Duparquet. Galleon Gold owns 10 mineral claims covering approximately 279 hectares of land.

HISTORY AND GEOLOGICAL BACKGROUND

The Destor property is located in the greenstone belt approximately 1 km north of the Porcupine Destor Fault Zone, a major structure which is spatially related to several major gold deposits. Numerous faults, shears and other structural features closely related to the main Porcupine Destor Fault Zone occur on the claim group. The two most significant faults on the claim group are the Duquesne and the Lepine Lake Faults.

The property is located halfway between the former Beattie Gold Mine and the Aiguebelle mine. The southern portion of the Destor property hosts similar sheared and faulted feldspar porphyries which host the past-producing Duquesne mine located 1.6 km along strike to the east.