Core Insights - Galloper Gold Corp. has initiated exploration evaluation of historic gold-mineralized prospects along a 15 km gold trend related to the Lunch Pond South Extension resource [1][3] - The company aims to enhance the potential of gold resources on Glover Island, which is expected to add shareholder value [3] Exploration and Development - The exploration program targets historic mineralized prospects located in the same geological belt as the historic 178,800 oz Au LPSE deposit [3] - New geological insights indicate the presence of favorable deformation zones that could enhance targeting capacity within the Glover Island land package [3][5] Marketing Agreement - Galloper has entered into a six-month marketing agreement with SarLor Corp., which includes a remuneration of $3,000 and 300,000 incentive stock options exercisable at $0.08 per share [3][4] - The options will vest quarterly over one year [3] Property Details - The Glover Island Property consists of 477 claims across 15 mineral licenses, covering a total area of 12,200 hectares [5]
Galloper Initiates Historic Gold Prospect Evaluation on Glover Island