Mr. R. David Russell reports

GALLEON GOLD AWARDS UNDERGROUND DEVELOPMENT TO AKI-DUMAS, ADVANCING WEST CACHE BULK SAMPLE PROGRAM

Galleon Gold Corp. has issued a limited notice to proceed (LNTP) and letter of award (LOA) to Aki-Dumas LP, a partnership between Mattagami First Nation and Dumas Contracting Ltd., a subsidiary of STRACON Group Holding Inc., for underground development activities at its West Cache gold project, located in Timmins, Ont. The award represents a significant milestone as the company advances preparations for its planned bulk sample program.

Under the terms of the LNTP, Aki-Dumas will commence early-stage planning, mobilization, procurement and other preparatory activities required to support the underground development program and planned bulk sample. The parties are expected to finalize a definitive underground development agreement in due course.

"Awarding the limited notice to proceed to Aki-Dumas represents an important milestone as we move West Cache toward underground development and the planned bulk sample program," said David Russell, chairman and chief executive officer. "Aki-Dumas combines Dumas's extensive underground mining expertise and strong track record in the Timmins mining district with Mattagami First Nation's deep connection to the region. Their early involvement allows us to advance box cut preparation and project execution activities while the definitive agreement is finalized."

Initial activities under the LNTP are expected to include detailed engineering, development planning, procurement of long-lead items and mobilization activities required to support the commencement of underground development. The underground development will establish access to the planned bulk sample area and the infrastructure necessary to support mining activities.

Technical content and qualified person

The technical content of this news release has been reviewed and approved by David Young, PE, an independent mining engineer and qualified person (QP) as defined in National Instrument 43-101, Standards of Disclosure for Mineral Projects.

About Dumas Contracting Ltd. and STRACON Group Holding Inc.

Dumas, the underground mining business of STRACON, is a leading, full-service mining contractor specializing in underground mine construction, lateral and vertical mine development, shaft sinking, production mining, and engineering services. STRACON is an engineering-led mining infrastructure and industrial solutions platform supporting clients across the full mining asset life cycle, from early-stage project definition and design through construction, operations and long-term maintenance.

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 an upcoming 86,500-tonne bulk sample program, positioning the company to unlock long-term shareholder value.

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