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Galleon Gold updates economic assessment for West Cache project after new drilling extends resource.

Company Fundamentals
06 Oct 2026
Newsfile Corp
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Bullish
Galleon Gold updates economic assessment for West Cache project after new drilling extends resource.

Galleon Gold Corp. has hired Hard Rock Consulting to update the Preliminary Economic Assessment (PEA) for its West Cache Gold Project in Timmins, Ontario. This update will include recent drilling results, especially the extension of Zone #9 to over 500 meters vertical depth, and new geological and technical data. The revised PEA aims to refine the project's development plans and support future feasibility studies, leveraging data from an ongoing 86,500-tonne bulk sampling program. This move reflects Galleon Gold's confidence in the project's scale and continuity, providing investors with an updated valuation of the asset.

Galleon Gold's updated Preliminary Economic Assessment initiative coincides with a Basic Materials sector breadth of 19 rising and 13 falling US stocks on Pluang. For readers following this sector, here is Pluang's market snapshot as of Oct 06, 2026 18:11 WIB: MP Materials traded at USD 47.23 with a 1-day change of +0.84% and a typical hold time of 10 days, Aspen Aerogels Inc was priced at USD 5.64 with a -0.79% change, and BHP Billiton Limited stood at USD 87.49, up +0.76%, with a typical hold time of 142 days and a Pluang order activity of 73% Sell / 27% Buy.

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