Final Registration For Mining Land Lease At West Cache Project Received


TORONTO - Galleon Gold Corp. has received the final documentation related to the registration of the mining lease for the West Cache Gold Project. The granting of the new 21- year mining lease, #110033, is an important milestone for the Project. Lease status is required before mining activities such as infrastructure development and ore extraction can be conducted on the property. With the lease in hand, the Company will continue to complete the detailed engineering design work and baseline studies required for the bulk sample permit application.

R. David Russell, President and CEO, said, "Converting the mining claims to lease status has been a high priority for us and we are very pleased to have received the formal registration from the Province of Ontario. With this step completed we are on track to advance the project to the test mining phase."