Galleon Gold Corp (TSXV: GGO) has issued a Limited Notice to Proceed (LNTP) and Letter of Award (LOA) to the Aki‑Dumas Limited Partnership for the underground development of the West Cache gold project in Timmins, Ontario.
The LNTP’s early work is expected to cover long-term engineering, planning and procurement. The underground development will facilitate access to the planned bulk sampling area and install the necessary infrastructure to support mining activities. The two companies are expected to finalize a final agreement soon.
“The award of the LNTP 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 CEO of Galleon. “Their early involvement allows us to move forward with box lot preparation and project implementation activities while finalizing the final agreement.”
West Cache is an advanced exploration site that extends through the towns of Bristol, Price and Ogden in northern Ontario. Its portfolio of 11,570 hectares includes leases, mining occupation licenses (MLOs) and claims near major mines in the Timmins region.
Aki-Dumas is a partnership between Mattagami First Nation and Dumas Contracting, a subsidiary of STRACON Group Holding Ltd.
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