Galactic Gold Completes Phase I District- Scale Drill Target Analysis
Galactic Gold Completes Phase I District-
Scale Drill Target Analysis
Vancouver, British Columbia--(Newsfile Corp. - March 2, 2026) - Galactic Gold Corp. (TSXV: GGAU)
("Galactic Gold" or the "Company") is pleased to announce the completion of Phase I of a district-scale
targeting analysis across the Hardrock West claim block. Galactic Gold's 100% owned Hardrock West
Property in northwestern Ontario, is located 10 km west of Equinox Gold's 10.7M oz Greenstone Gold
Mine (
Reserves and Resources | Equinox Gold
).
The study was completed by
Exploration Machine Inc.
, which was retained by the Company to
evaluate the entire Hardrock West land package through integrated interpretation of historical
exploration data and district-scale structural and geophysical analysis. This work identified property-wide
controls on gold mineralization that link multiple target areas across the property and provide a
framework for target generation and exploration prioritization.
CEO Ken Berry commented:
"The completion of Phase I has delivered a unified structural and
exploration model for a land package of exceptional scale and continuity, representing a level of
district-scale interpretation that, to our knowledge, has not previously existed. This work has prioritized
the claim block into tiered exploration areas, including near-term drill targets."
"Contiguous with a major gold producer, Hardrock West benefits from established infrastructure and a
well-endowed geological environment, strategically
positioning the Company to emerge as a
leading gold exploration story in 2026
."
Priority Targets
The property area was divided into 19 subareas and systematically evaluated. The following high-priority
targets have been identified for near-term advancement:
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/11968/285885_014f243154a6485f_002full.jpg
Tier 1 - Anchor Targets (Near-Term Drilling)
Kowalski Lake:
Strong historical drill intercepts from a severely under-drilled system where
recommended follow-up was never completed. Favorable structural setting near a Paint
Lake Fault flexure and major fault intersections. Next steps include reconnaissance mapping,
locating and twinning a key historical drill hole with step-outs, and geophysical evaluation.
Solomon's Pillars:
Strong soil anomaly coincident with a historical prospect on the Watson
Lake Fault, where recommended follow-up was never completed. Favorable structural
geometry including flexure and splay development, with very limited drilling within the
anomaly to date. Next steps include infill soil sampling and targeted geophysics, followed by
drill testing.
Tier 2 - High-Priority Targets (Advancing toward Drilling)
Trench Lake:
Repeated high-grade surface results over decades along Paint Lake Fault
corridor. Historical drilling incomplete with portions unassayed. Next steps: Focused
mapping and geophysics; drilling to test depth and strike continuity.
Turkey Lake & Wildgoose South:
On trend with the nearby Hardrock Gold camp, with
high-grade historical drilling near claim boundaries. Structurally favorable but masked by
overburden. Standout lake sediment anomaly. Next steps: Targeted geochemical follow-up
and geophysics to define drill targets beneath cover.
Angle-Watson Lake:
Along the same structure as past-producing mines west of the
property. Multiple high-grade surface occurrences and demonstrated gold system with
arsenopyrite association. Next steps: Structural interpretation, focused prospecting, and
geophysics.
Kenneth-Daphne Lake:
Large, underexplored area with multiple deposit styles and nearby
high-grade occurrences, including shear-hosted and intrusive-related gold systems. Next
steps: Structural synthesis and prospecting to prioritize specific target areas.
Coral Lake:
Anomalous drilling results within a structurally complex zone east of Kowalski
Lake. No modern follow-up. Next steps: Detailed compilation, higher resolution magnetics,
prospecting, and target refinement.
Proven Mineralized Orogenic Gold Structures
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/11968/285885_014f243154a6485f_003full.jpg
Galactic Gold's CEO, Ken Berry commented:
"
Located within the prolific Hardrock Gold Camp,
encompassing more than ~85 kilometres of orogenic faults and positioned adjacent to major gold
deposits and a producing mine, the Hardrock West Property remains significantly underexplored by
modern standards relative to surrounding ground
."
Qualified person
Jason Arnold, P.Geo., President of DCX Geological Consulting and an independent Qualified Person as
such term is defined by National Instrument 43-101 - Standards of Disclosure for Mineral Projects, has
reviewed and approved the geological information reported in this news release. The Qualified Person
has not completed sufficient work to verify the historical mine production, and it is not considered NI43-
101 compliant and may not be representative of expected results on the subject property. Mineralization
hosted on adjacent and/or nearby properties, particularly with respect to neighbouring mineral
reserves/resources, is not necessarily indicative of mineralization that may be hosted on the Company's
property.
About Galactic Gold Corp.
Galactic Gold Corp. is a resource development company focused on unlocking the full potential of its
100%-owned Hardrock West Property, located in the top tier mining jurisdiction of Ontario. Over 57 km
of combined strike length along two major gold bearing structures and 10 km away from Equinox Gold's
Greenstone Mine. With 15,000 Hectare (37K Acres) Galactic Gold is positioned between Equinox Gold
Greenstone Mine (10.7M oz au) and Equinox's Brookbank Deposit (2.5M oz au) along what Laurentian
University in its Metal Earth Research has identified super structures across the Galactic Gold Property
underscoring the Project's strong value-creation potential.
For further information:
Please contact, Galactic Gold Corp.
Kenneth Berry,
or
Frank Lagiglia,
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in
the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy
of this release.
CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING INFORMATION
This news release may contain forward-looking statements that are based on the Company's current
expectations and estimates. Forward-looking statements are frequently characterized by words such as
"plan", "expect", "project", "intend", "believe", "anticipate", "estimate", "suggest", "indicate" and other
similar words or statements that certain events or conditions "may" or "will" occur, and include, without
limitation, statements regarding the Company's current plans and business objectives. Such forward-
looking statements involve known and unknown risks, uncertainties and other factors that could cause
actual events or results to differ materially from estimated or anticipated events or results implied or
expressed in such forward-looking statements. Such forward-looking statements are qualified in their
entirety by the inherent risks and uncertainties surrounding future expectations. Forward-looking
statements are based on a number of assumptions which may prove to be incorrect, including, but not
limited to: assumptions regarding future metals prices, debt and equity financing market conditions,
receipt of regulatory approvals, and other factors. The cautionary statements qualify all forward-looking
statements attributable to the Company and persons acting on its behalf. Any forward-looking statement
speaks only as of the date on which it is made and, except as may be required by applicable
securities laws, the Company disclaims any intent or obligation to update any forward- looking
statement, whether as a result of new information, future events or results or otherwise. There can be no
assurance that forward-looking statements will prove to be accurate, and actual results and future events
could differ materially from those anticipated in such statements. Accordingly, undue reliance should not
be put on such statements due to the inherent uncertainty therein.
To view the source version of this press release, please visit
https://www.newsfilecorp.com/release/285885