Galloper Gold of Canada Signs Strategic Partnership with Tripp Marine for Heavy Equipment Barge Transport Operations
2026-07-03 18:15
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en.Wedoany.com Reported - Galloper Gold Corp. announced that it has signed a strategic partnership with Tripp Marine for heavy equipment barge transport operations related to its flagship Glover Island project. The partnership, reached on July 1, 2026, is a non-binding, multi-year agreement (with each barge transport calculated at market price), which can be terminated by either party at any time with notice, operating as a fair-dealing agreement.

Bryan Sparrow, Vice President of Exploration at Galloper Gold, stated that the mobilization of heavy equipment has commenced and is being carried out in phases. Prior to the drilling program, Galloper will initiate a trenching project targeting mineralized surface outcrops to conduct a highly competitive geochemical sampling and assessment program before subsequent drilling. The company's 2026 field program is in a growth phase, committed to increasing mineralized resources at Glover Island. Tripp Marine, located in Howley, Newfoundland, near Grand Lake and Glover Island, was selected as a strategic partner due to its ability to provide cost-effective barge solutions. The contract is expected to be executed through 2030 and can be extended as needed.

Galloper Gold Corp. focuses on the Glover Island exploration project in central Newfoundland, an asset comprising 466 mining claims across 13 mineral licenses, covering an area of 117.21 square kilometers (11,721 hectares). Historical exploration work has produced the LPSE 2026 gold resource, which is entirely controlled by Galloper Gold Corp.

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