Galleon Gold Hits 16.07 g/t Au over 9.25 m in Zone #9 Extension at West Cache

Toronto, Ontario--(Newsfile Corp. - May 27, 2026) - Galleon Gold Corp. (TSXV: GGO) (OTCQX: GGOXF) (FSE: 3H90) (the " Company " or " Galleon Gold ") announces results of a drill intercept in a highly strategic location at its 100%-owned West Cache Gold Project (the "Project" or "West Cache") in Timmins, Ontario. The intercept further reinforces the potential scale and significance of Zone #9. WC-26-237 Highlights WC-26-237 with 12.69 g/t Au over 12.35 m including 16.07 g/t Au over 9.25 m High grade hosted in a broad intercept of 4.07 g/t Au over 40.9 m Intercept is located 275 meters down-dip from high grade Zone #9 intercepts and the area of the planned bulk sample "Intersecting 16.07 g/t gold over more than 9 meters — within nearly 41 meters grading 4.07 g/t gold — is one of the most significant drill holes completed to date at West Cache, and results of this scale and grade have the potential to materially enhance the economics of the Project," said David Russell, CEO & President .

"This intercept also provides strong confidence that the mineralized shoot extending from the 2020 discovery of Zone #9 near surface down to the historic West Deep drilling may in fact be continuous, or that we are dealing with multiple high-grade shoots. Credit goes to our VP Exploration, Leah Page, who planned and is executing this highly successful 2026 drill program." How This Drilling Corridor Relates to the Bulk Sample Over the past several months, the Company has provided regular updates on its planned, fully financed 86,500 tonne bulk sample program. Surface construction has advanced on schedule, with completion of the access roads, hydro line, and box cut excavation.

The bulk sample is designed to extract Zone #9 material between the 150m and 210m levels. The WC-26-237 intercept is located approximately 295 meters down-plunge (275 meters down-dip) from the planned bulk sample stopes and 440 vertical meters below surface. Approximately 200 meters of the projected plunge between the bulk sample area and the high-grade intercept remains untested.

Geological Overview of WC-26-237 Intercept The high-grade intercept in WC-26-237 is hosted in sheared greywacke, siltstone, and mudstone of the Porcupine Assemblage. Semi-massive to massive sulphide and "buckshot" bands of pyrite, red sphalerite, and chalcopyrite comprise the dominant mineralization style, along with fine-grained, disseminated pyrite. Low angle (relative to core axis) structures and ductile deformation that crosscut the dominant foliation and bedding are evident up to 75-meters into the zone's hanging wall and persist through the mineralized footwall.

Shearing and deformation are most pronounced in the hanging wall and footwall of the intercept where tight folding, kink bands, and en-echelon tension gashes are prominent. While the structural indicators are apparent in higher-elevation intercepts on Zone #9 in the planned bulk sampling area, their intensity is greater in the WC-26-237 intercept. The mineralization style, structural features, and grade continuity are key indicators that the WC-26-237 intercept is part of the Zone #9 system at depth.