Galleon Gold Corp · TSXV:GGO
Galleon Gold — Investor Presentation (November 2026)
22 slides from Galleon Gold's investor presentation, November 2026
Slide 1: West Cache Gold Project: Destined for Development
Disclaimer WEST CACHE GOLD PROJECT DESTINED FOR DEVELOPMENT TSXV: GGO Presentation November 2026 OTCQX: GGOXF 1
Slide 2: Cautionary Note Regarding Forward-Looking Statements
Disclaimer Cautionary Note Regarding Forward-Looking Statements This presentation (the “Presentation”) contains “forward-looking information” and “forward-looking statements” (collectively, “forward-looking statements”) within the meaning of the applicable Canadian securities legislation. All statem
Slide 3: Investment Highlights
Investment Highlights ST RAT EG I C LO C AT I O N RESO URC E G ROW T H DE VE LO PME N T PAT H ST RAT EG I C I N VESTO R +65 Moz 1.56 Moz Bulk Sample 19.6% Gold produced in the Timmins– 2022 MRE - 472 koz Indicated + 86,500 tonne bulk sample in Pan American Silver FD ownership Porcupine camp since 19
Slide 4: West Cache Gold Project: Located in the Porcupine Destor Gold Belt
West Cache Gold Project Located in the Porcupine Destor Gold Belt OTCQX GGOXF 4
Slide 5: Resource Expansion Targeting & Exploration Potential
West Cache Gold Project Resource Expansion Targeting & Exploration Potential HIGH-GRADE ZONES NEAR PORPHYRY CONTACTS Mineral Controlling Structure at Timmins East Zone North West Mine QFP-Sediment Contact SA SA SA OPEN GAP Zone not drill-tested; historic BRISTOL PORPHYRY fault offset interpretation
Slide 6: Underground Mine Development Plan (PEA)
West Cache Gold Project Underground Mine Development Plan (PEA) Secondary Access & Ventilation Access D Access C Access B Main Mine Access (A) East Zone Extension East Zone Zone #9 West Zone South Zone BULK SAMPLE AREA 1 km West Deep 3D View Southeast 125° Block Model 1 – 4 g/t Au 4 – 6 g/t Au Legen
Slide 7: Zone #9 and West Deep Mineralization
West Cache Gold Project Zone #9 and West Deep Mineralization OTCQX GGOXF 7
Slide 8: Zone #9 and Bulk Sample Area
West Cache Gold Project Zone #9 and Bulk Sample Area OTCQX GGOXF 8
Slide 9: Zone #9 and West Deep Mineralization
West Cache Gold Project Zone #9 and West Deep Mineralization Zone #9 | WC 20-82 9.40 g/t Au over 10 m Recent drilling | WC 26-237 | 12.69 g/t Au over 12.35 m West Deep |TPW 10-30 | 9.21 g/t Au over 11 m OTCQX GGOXF 9
Slide 10: 2022 Mineral Resource Estimate – Underground Model
West Cache Gold Project 2022 Mineral Resource Estimate – Underground Model Underground Mineral Resource @ 1.6 g/t Au Cut-Off Classification Tonnes Au Au MRE Parameters k g/t koz 1.6 g/t Au Cut-Off Indicated 4,051 3.63 472 US$ 1,650/oz Inferred 11,788 2.87 1,088 Offsite Toll Milling FX Rate 0.76 CAD:
Slide 11: Strategic Relationship: Pan American Silver
Strategic Relationship Pan American Silver CAPITAL INFRASTRUCTURE EXPERTISE $19.25M Bell Creek Mill Technical Teams • Strategic investment for 19.6% • Access to process bulk sample • Service agreement for access to ownership fully diluted material teams and equipment • $46M debt facility in place •
Slide 12: West Cache Gold – PEA Economics: Sensitivity to Gold Price
West Cache Gold - PEA Economics PEA 2022 Sensitivity to Gold Price Post-tax Pre-tax Price per NPV5% NPV5% IRR % NPV5%/share2 IRR % ounce of gold (CAD million) (CAD million) US$1,500 $128.60 17.2% $0.47 $224.50 23.3% PEA US$1,700 $240.10 26.7% $0.89 $378.30 33.7% US$2,000 $395.30 38.7% $1.46 $609.80
Slide 13: 2022 PEA Economics – Toll Processing
West Cache Gold Project 2022 PEA Economics – Toll Processing Pre-Tax After Tax Net Present Value NPV5% C$ million $378.3 $240.1 Internal Rate of Return (IRR) % 33.7 % 26.7 % Payback Period years 3.0 3.3 Life of Mine (LOM)1 Years 11 Initial Capital Costs C$ million $150 Sustaining Capital Costs (LOM)
Slide 14: Bulk Sample Detail Design
West Cache Gold Project Bulk Sample Detail Design NI 43-101 non-compliant N E A R - T E R M C A S H F LO W PERMITTING IN PLACE BANKABLE FEASIBILITY C$100M Major Permits Secured To Established Full Value Estimated gold sales revenue — Amendments to existing permits are Bulk sample data feeds directly
Slide 15: Aerial View (August 31)
West Cache Gold Project Aerial View (August 31) OTCQX GGOXF 15
Slide 16: Box cut & Portal
West Cache Gold Project Box cut & Portal OTCQX GGOXF 16
Slide 17: Drilling and blasting for box cut & portal
West Cache Gold Project Drilling and blasting for box cut & portal OTCQX GGOXF 17
Slide 18: Drilling and blasting for box cut & portal
West Cache Gold Project Drilling and blasting for box cut & portal 18
Slide 19: Milestones & Approximate Timing of Bulk Sample
West Cache Gold Project Milestones & Approximate Timing of Bulk Sample Pre-Development Work Processing & Gold Sales • Surface Infrastructure • Underground stope development • Box cut / roads / buildings • Mining & milling • Expected FCF Q2/’27 Timing • 2027 2028 2029 Mine Decline/Development Continu
Slide 20: Capital Markets Profile
Capital Markets Profile CAPITAL STRUCTURE Shares outstanding 167.5M Options outstanding 10.0M (C$0.19 to C$0.98) Warrants outstanding 33.5M (C$0.185 to C$0.75) Convertible debentures 60.2M ($2,314,000 @$0.165 / $745,000 @$0.185 / $7,300,000 @$0.30/ $8,000,000 @$0.45) FD shares outstanding 271.2M Mar
Slide 21: Experienced Management and Board
Experienced Management and Board Credited with building mines throughout North America David Russell CEO & Chairman Ryan Lougheed General Manager West Cache Team that built Black Fox 2002 - 2010 Management Leah Page P.Geo VP Exploration Geology team – credited with increasing Nate Tewalt Consulting
Slide 22: David Russell, CEO & President
David Russell, CEO & President [email protected]. 416-644-0066 www.galleongold.com OTCQX GGOXF 22