Mr. Kenneth Berry reports
GALACTIC GOLD PROVIDES SUMMARY OF HARDROCK WEST PROPERTY
Galactic Gold Corp. has provided an update on its 100-per-cent-owned Hardrock West property in Northwestern Ontario, located 10 kilometres west of Equinox Gold's 10.7-million-ounce Greenstone gold mine.
This summary is designed to further understand the HWP as assays are pending from the fall 2025 mapping and sampling program. The HWP covers approximately 60 km of the Beardmore-Geraldton greenstone belt along two major orogenic gold-bearing structures, which host the Greenstone (10.7 million oz Au) and Brookbank (680,000 oz Au, reserves and resources, Equinox Gold) deposits.
Chief executive officer 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."
The 26,245-hectare HWP comprises three contiguous claim blocks strategically located in the heart of the Beardmore-Geraldton greenstone belt. Two major gold-bearing structures -- the Paint Lake fault and the Bankfield-Tombill deformation zone -- extend directly through the HWP.
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 and MDI42E12SW00006).
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 has completed more than 500,000 metres of drilling and advanced the Hardrock deposit into production while the HWP has seen fewer 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 enhance 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 (approximately 15 km west along the PLF), the Northern Empire (approximately two kilometres southwest along the BTDZ extension) and the Leitch/Sand River mines (approximately seven km southwest). The 10.7-million-ounce Greenstone, 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, PGeo, president of DCX Geological Consulting, 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 that may not be representative of expected results. Also, mineralization hosted on adjacent and/or nearby properties, particularly with respect to neighbouring mineral resources, is not necessarily indicative of mineralization that may be hosted on the company's property.
About Galactic Gold Corp.
Galactic Gold is a resource development company focused on unlocking the full potential of its 100-per-cent-owned Hardrock West property, located in the top-tier mining jurisdiction of Ontario, over 57 kilometres 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 hectares (37,000 acres), Galactic Gold is positioned between Equinox Gold's Greenstone mine (10 million oz au) and Equinox's Brookbank deposit (2.5 million oz Au) along what Laurentian University in its Metal Earth research has identified superstructures across the Galactic gold property underscoring the project's strong value creation potential.
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