Galleon Gold Corp. (TSXV: GGO) (the 'Company' or 'Galleon Gold') is pleased to announce additional gold intercepts in and around the recently discovered Zone #9 high grade shoot at its 100% owned West Cache Gold Project, Timmins, Ontario.

Recent drilling confirms that Zone #9 continues to show favorable grade continuity and widths within the shoot at depth. Current drilling is expected to provide better near-surface definition and test the shoot to greater depth.

Highlights

WC-20-081 intersected 8.68 g/t Au over 10.0 m, from 276 to 286 m including sub-intervals of 12.25 g/t Au over 2.0 m and 12.04 g/t Au over 2.0 m

WC-20-080 intersected 8.25 g/t Au over 9.0 m, from 190 to 199 m including a sub-interval of 19.7 g/t Au over 1.0 m

WC-20-079 intersected 3.37 g/t over 5.0 m from 161 m to 166 m including a sub interval of 6.43 g/t over 1.0 m

'We are starting to see the emergence of a significant ore shoot, and as we trace it down dip and along strike, the grades and widths continue to be impressive. I am particularly pleased to see the continuity of the mineralized interval in Hole 81 and our growing ability to predict the orientation of the shoot with increasing accuracy. These are the types of grades and thicknesses that add to, and strengthen, the overall results of the gold project as the PEA is being developed by our third-party consultant, P & E Mining Consultants. As we spend more time modelling the geology at West Cache, the blue-sky potential is tremendous,' comments R. David Russell CEO and President of Galleon Gold.

About West Cache Gold Project

The West Cache Gold Project is located 13 km west of Timmins Ontario, it is serviced by Provincial highway 101 and secondary access roads. It is situated along the Porcupine-Destor gold belt, approximately 7 km northeast of Pan American Silver's Timmins West Mine and 14 km southwest of Newmont's Hollinger Mine.

About Galleon Gold

Galleon Gold is a North American exploration and development company. Eric Sprott holds approximately 23% of the Company's outstanding common shares and is also the Company's partner on the Neal Gold Project in Idaho. Drilling is currently underway at the Company's flagship project, the West Cache Gold Project, located 13 km from Timmins, Ontario.

Contact:

Tel: (416) 644-0066

Forward Looking Statements

Some of the statements contained herein may be forward-looking statements which involve known and unknown risks and uncertainties. Without limitation, statements regarding potential mineralization and resources, exploration results, expectations, plans, and objectives of Galleon Gold are forward-looking statements that involve various risks. The following are important factors that could cause Galleon Gold's actual results to differ materially from those expressed or implied by such forward-looking statements: changes in the world-wide price of mineral commodities, general market conditions, risks inherent in mineral exploration, risks associated with development, construction and mining operations, the uncertainty of future exploration activities and cash flows, and the uncertainty of access to additional capital. There can be no assurance that forward looking statements will prove to be accurate as actual results and future events may differ materially from those anticipated in such statements. Galleon Gold undertakes no obligation to update such forward-looking statements if circumstances or management's estimates or opinions should change. The reader is cautioned not to place undue reliance on such forward-looking statements.

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