Mr. Hratch Jabrayan reports

GALLOPER GOLD INTERSECTS OCCURRENCES OF VISIBLE GOLD

Galloper Gold Corp. has observed occurrences of visible gold during phase 1 of its drill program on Glover Island, specifically on hole LPSE-26-02.

The purpose of LPSE-26-02 was to extend mineralization at depth of the previously defined Lunch Pond South East (LPSE) resource on the Glover Island property. LPSE-26-02 was drilled to 200 metres at an azimuth of 23 degrees and a dip of minus-56 degrees.

Mineralization of similar widths and character to the LPSE resource was successfully intersected where the zones were interpreted to be in section and plan, extending the zones approximately 70 metres deeper than historically outlined.

Mineralization was concentrated within areas of chicken-wire brecciation with sulphide contents of up to 10 per cent, typical of the LPSE. Visible gold was found at 127.8 metres hosted in mineralized mafic breccia within a mafic flow. Visible gold is a cluster of flakes in close proximity to tarnished pyrite (up to 10 per cent in the interval). Visible gold is also near a fracture oblique to core axis.

The samples will be sent for assay to Eastern Analytical Laboratories.

Galloper further announces the completion of phase 1 drilling on Glover Island, totalling eight drill holes and 1,332 metres.

Hratch Jabrayan, president and chief executive officer of Galloper, commented: "Intersecting visible gold is a milestone that once again validates our geological model and underscores the high-grade potential of this asset. Seeing visible gold in the drill core provides immediate visual confirmation of the system's strength and continues to build momentum for our exploration program. This result is a testament to the hard work of our technical team. The completion of phase 1 drilling marks a significant milestone for us as we advance our exploration program. We look forward to receiving the assay results and finalizing our plans for the next stage of drilling."

Qualified person statement

The technical information contained herein has been reviewed and approved by Peter Lauder, PGeo, acting vice-president of exploration for Galloper.

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 117.21 square kilometres (11,721 hectares). Historic exploration efforts produced the LPSE 2026 gold resource, which is wholly controlled by Galloper Gold.

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