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Galloper Gold updates 2026 resource estimate, increasing indicated and inferred gold resources at LPSE deposit.

Company Fundamentals
07 Apr 2026
Newsfile Corp
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Bullish
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Galloper Gold Corp. announced an updated 2026 Mineral Resource Estimate for its 100% owned Lunch Pond South Extension (LPSE) gold deposit, using a gold price of US$3,500 per ounce. The update shows an increase of 2.095 million tonnes and 62,000 ounces of gold in indicated resources, and 4.616 million tonnes and 99,000 ounces in inferred resources. This reflects improved geological modeling and higher gold prices, enhancing the company's asset value and aligning with global mineral resource disclosure standards. The LPSE deposit is part of the Glover Island Property, a highly prospective area with multiple mineral prospects and historic mines nearby. The company plans to release a detailed technical report within 45 days.

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