Galactic Gold Provides Summary of Hardrock West Property
Galactic Gold Provides Summary of Hardrock
West Property
Vancouver, British Columbia--(Newsfile Corp. - February 23, 2026) - Galactic Gold Corp. (TSXV:
GGAU) ("Galactic Gold" or the "Company") is pleased to provide an update on its 100%-owned
Hardrock West Property (HWP) in northwestern Ontario, located 10 km west of Equinox Gold's 10.7M oz
Greenstone Gold Mine (
Reserves and Resources | Equinox Gold
).
This summary is designed to further understand the HWP as assays are pending from the fall 2025
mapping and sampling program. The HWP covers ~60 km of the Beardmore-Geraldton Greenstone Belt
(BGGB) along two major Orogenic gold bearing structures which host the Greenstone (10.7M oz Au) and
Brookbank (680k oz Au,
Reserves and Resources | Equinox Gold
) deposits (Figure 1).
CEO Ken Berry commented:
"The Hardrock West Project is immediately adjacent to Equinox
Gold's 10.7-million-ounce Greenstone Mine, and the Company controls extensive strike length along
the same regional structures within this proven gold camp - providing a compelling setting for
systematic exploration. Research from Laurentian University's Metal Earth initiative has identified
major crustal-scale structures extending through the Property, supporting the presence of an orogenic
gold system. 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."
Figure 1:
Hardrock West Project showing past producers and prospective structures.
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/11968/284857_49d65272f47a1b92_002full.jpg
The 26,245-hectare HWP comprises three contiguous claim blocks strategically located in the heart of
the Beardmore-Geraldton Greenstone Belt ("BGGB"). Two major gold-bearing structures - the Paint
Lake Fault ("PLF") and the Bankfield-Tombill Deformation Zone ("BTDZ") - extend directly through the
HWP (Figure 1).
The HWP is flanked by Equinox Gold's 680,000-ounce Brookbank Deposit to the west and its prolific
10.7-million-ounce Greenstone Gold Mine (
Reserves and Resources | Equinox Gold
) to the east,
underscoring the HWP's potential to host significant gold mineralization. Historic production within the
belt includes the Northern Empire Mine (149,453 oz Au, MDI42E12SW00002), Leitch/Sand River Mines
(897,356 Oz Au, MDI52H09SE00004) and the Bankfield/Tombill Mines (135,536 oz Au,
MDI42E12SW00004 & MDI42E12SW00006) (Figure 1).
The HWP hosts nine historical gold occurrences, including the Watson/Angle Lake, Solomon's
Pillars/Leduc, and Expansion Lake areas. Much of the historic exploration on the HWP was conducted in
the 1990s by multiple operators across a fragmented land package. Since 2008, Greenstone Gold
Mines haves completed more than 500,000 metres of drilling and advanced the Hardrock Deposit into
production, while the HWP has seen less than 1,500 metres of drilling and limited surface exploration
over the same period. The Company believes that consolidating 26,245 hectares of the belt's most
prospective geology and applying a modern, cohesive exploration model during a period of historically
strong gold prices enhances the potential for an economic discovery at the HWP.
Drill Targets and Data Compilation
Exploration criteria will be informed by geological controls observed at other deposits within the belt.
Mineralization analogues include the Brookbank Deposit (~15 km west along the PLF), the Northern
Empire (~2 km southwest along the BTDZ extension), and the Leitch/Sand River mines (~7 km
southwest). The 10.7-million-ounceGreenstone, located approximately 12 km east of the HWP, will also
serve as a key reference model in refining targeting and advancing exploration criteria across the HWP.
The Company is applying its preliminary exploration criteria to complete a district-scale targeting study
and prioritize high-potential areas, several of which were evaluated during a recent fall prospecting
program (assays pending). The results of this study, together with updated property-wide geophysical
surveys, will guide the 2026 exploration program, which is expected to include systematic prospecting,
detailed structural mapping, and an initial phase of diamond drilling focused on priority targets.
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 historic information on the Property and in the vicinity,
particularly in regard to historical drill results, historical mine production and historical grab samples.
However, the Qualified Person does believe that these results were completed to industry best practices
at the time, and that the information provides an indication of the exploration potential of the Property but
may not be representative of expected results. Also, mineralization hosted on adjacent and/or nearby
properties, particularly with respect to neighboring mineral 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 (12.2 million oz au). With 15,000 Hectare (37K Acres) Galactic Gold is positioned
between Equinox Gold Greenstone Mine (10M 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.
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.
For further information:
Galactic Gold Corp., please contact Kenneth Berry,
Telephone: 604-220-6890 Email:
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.
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https://www.newsfilecorp.com/release/284857