Mr. R. David Russell reports

GALLEON GOLD ANNOUNCES START DATE FOR EXPLORATION DRILL PROGRAM AT WEST CACHE PROJECT

Phase 1 of Galleon Gold Corp.'s 2026 exploration diamond drill program at its wholly owned West Cache gold project in Timmins, Ont., is scheduled to commence on Feb. 23, 2026.

NPLH Drilling of Timmins, Ont., has been contracted to carry out the 18,000-metre program, which is expected to continue through the winter and spring seasons. Drill results will be released as assays are received, compiled and validated.

"This drill program represents an important step in our disciplined approach to unlocking additional value at West Cache," said David Russell, chief executive officer of Galleon Gold. "With strong geological continuity demonstrated to date and multiple high-priority targets remaining untested, we believe this drill program has the potential to meaningfully enhance the scale and quality of the project."

The drill program is designed to advance the company's understanding of the geological and structural controls of the West Cache deposit by targeting extensions of known high-grade zones or trends both within and adjacent to the current resource envelope. The program aims to expand and/or upgrade existing mineral resources and test high-confidence exploration targets identified through previous drilling, geological and structural modelling, and geochemical and geophysical interpretation.

Recent drilling programs at West Cache have targeted areas near the southwestern contact of the Bristol porphyry with Porcupine assemblage metasediments where gold- and sulphide-bearing conduits have concentrated mineralization near the margin of the two units. Fragmental textures and interbedding, along with increased deformation within mineralized zones, suggest that: (1) the two main rock types were deposited contemporaneously; and (2) secondary mineral controls may have preferentially deposited mineralization in these areas due to competency contrasts between the two units.

Technical content and qualified person

The technical content of this news release has been reviewed and approved by Leah Page, PGeo, project manager of West Cache and a qualified person as defined in National Instrument 43-101, Standards of Disclosure for Mineral Projects.

About the West Cache gold project

The West Cache gold project is an advanced-stage gold exploration project covering approximately 11,600 hectares located 13 kilometres west of Timmins, Ont., on Provincial Highway 101. It is situated in the Western Porcupine gold camp along the Destor-Porcupine fault zone within the Abitibi greenstone belt, approximately seven kilometres northeast of Pan American Silver's Timmins West mine. The mining lease area hosts the current mineral resource estimate near the centre, with additional exploration targets to the north and south. The mineral resource estimate is contained within the Porcupine sedimentary basin, a favourable litho-structural corridor with over five kilometres of strike-length on the property. Mineralization is open in all directions and at depth.

About Galleon Gold Corp.

Galleon Gold is advancing the West Cache gold project with a disciplined, derisking strategy centred on resource growth and a coming 86,500-tonne bulk sample program, positioning the company to unlock long-term shareholder value.

We seek Safe Harbor.