23:12:33 EDT Tue 10 Mar 2026
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Galloper Gold Corp
Symbol BOOM
Shares Issued 96,889,463
Close 2026-03-10 C$ 0.145
Market Cap C$ 14,048,972
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Galloper begins geophysics program for Glover Island

2026-03-10 17:08 ET - News Release

Mr. Hratch Jabrayan reports

GALLOPER INITIATES GEOPHYSICS PROGRAM EVALUATION OF GLOVER ISLAND

Galloper Gold Corp. has initiated geophysical exploration evaluation of Glover Island over a multiphase program beginning in 2026.

Key highlights include:

  • Modernization and new evaluation of historic data -- decades of historic exploration geophysical data on the island will be upgraded into a modern framework with modern modelling techniques;
  • Evaluation of magnetics, VTEM and induced polarization data within geospatial framework to focus on historic prospects, LPSE resource and untested areas, all incorporating new exploration data and building on insights with historic data;
  • Prioritization of new geophysical targets for phase 2 geophysical program in 2026.

Hratch Jabrayan, chief executive officer of Galloper Gold, commented: "Galloper is excited to develop its geophysical program on Glover Island. This allows for a rich history of exploration geophysical data on the island to be evaluated and normalized using modern techniques. This will develop the technical foundation for Galloper Gold to generate a phase 2 geophysical program, which will shape the 2026 drilling program with mineralization targets of high merit and informs with a focused exploration strategy."

Qualified person

The technical information in this news release has been reviewed and approved by Bryan Sparrow, PGeo, vice-president of exploration for Galloper Gold. Mr. Sparrow is the qualified person responsible for the scientific and technical information contained herein under National Instrument 43-101 standards.

About Galloper Gold Corp.

Galloper Gold is focused on mineral exploration in central Newfoundland on its Glover Island exploration project. The property comprises 466 mining claims on 13 mineral licences covering 116.6 square kilometres (11,660 hectares). Historic exploration efforts produced the LPSE resource, which is wholly controlled by Galloper Gold.

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