Galway Metals Inc. is pleased to announce an offering to raise up to $4,500,000 by way of a non-brokered private placement . The Offering will consist of a combination of charity flow-through units of the Company at a price of $0.54 per Charity FT Unit and flow-through units of the Company at a price of $0.42 per FT Unit for aggregate gross proceeds of up to $4,500,000. The Offering: Each Charity FT Unit will consist of [...]
Galway Metals Inc. is pleased to announce that it has commenced additional metallurgical and process definition studies for the Company's flagship, 100%-owned Clarence Stream high-grade gold project in New Brunswick, Canada. Mr. Steve Haggarty, P.Eng, Managing Director of Haggarty Technical Services Corp, is supporting the test program, which involves an integrated approach expanding on previously completed studies aimed [...]
Galway Metals Inc. ; is pleased to report assay results from its diamond drilling program at the Southwest Deposit at the Company's 100%-owned flagship Clarence Stream high-grade gold project in New Brunswick, Canada. The Southwest Deposit, as well as the South and North Deposits, are open in all directions for expansion. Management believes that the Clarence Stream gold project has district-scale potential with an [...]
Galway Metals Inc. ; is pleased to announce that its Board of Directors has appointed Peter Gula as a Director, effective immediately. Mr. Gula is a Professional Engineer who brings over 35 years of mining industry experience to the Board. "On behalf of the Board of Directors, I am delighted to welcome Peter to Galway," stated Robert Hinchcliffe, President and Chief Executive Officer of Galway. "I have had the opportunity [...]
Galway Metals Inc. is pleased to announce the promotion of two geologists, and to reiterate the Company's technical strength, as stated below. The Company's flagship Clarence Stream gold project has a district scale strike length of 65 kilometres, is open in all directions and remains largely unexplored, and has excellent infrastructure in the mining friendly province of New Brunswick, Canada. "Over the past several [...]
Galway Metals Inc. is pleased to announce the drilling results from the Oak Bay property, situated 14 kilometres southwest of the current Clarence Stream Gold Resource. The Company is also pleased to announce its exploration priorities for its winter drilling program. The Clarence Stream gold project has a district scale strike length of 65 kilometres, is open in all directions and remains largely unexplored, and has [...]
Galway Metals Inc. , is pleased to announce an update on recent insider purchases, through a series of transactions conducted through the facilities of the TSX Venture Exchange. Robert Hinchcliffe, President, CEO and Director, acquired an aggregate 1,664,000 common shares of the Company in the current calendar year. As a result, Mr. Hinchcliffe now owns a total of 6,720,746 common shares of Galway Metals, representing [...]
Galway Metals Inc. is pleased to report drill results that expand the SW Deposit to the east at the George Murphy Zone , and outside of the resource, at the Clarence Stream gold project in southwest New Brunswick, Canada . Assay results for metallurgical holes drilled at the SW Deposit have been received as well . Drill results from the SW deposit west end will be released in the coming weeks. Quote from the Company "The [...]
Galway Metals Inc. is pleased to give an update on corporate activities at the flagship Clarence Stream property in New Brunswick, Canada. Galway Metals also has the Estrades gold/ base-metal project in Quebec, Canada. Galway released an updated Mineral Resource for Clarence Stream in an April 25, 2022 press release . This represented a more than doubling of Measured and Indicated, and quadrupling Inferred gold resources [...]
Galway Metals Inc. is pleased to report the expansion of mineralization in multiple locations within the Triangle Area -which includes the recently-discovered Stewart Zone- at Clarence Stream as highlighted as exploration target #1 in Figure 1 . The significance of these intersects is: That the 900 metre gap between the Stewart Zone and the SW Deposit has returned intersections all along it , that mineralization has been [...]
Galway Metals Inc. is pleased to announce assay results from 9 diamond drill holes from the South Deposit at its Clarence Stream gold property located in south-western New Brunswick, Canada, and that drilling recommenced at the SW Deposit in early June. This drilling is designed to follow up on the resource block models where they are open towards surface within the pits where no drilling has taken place to date [...]
Galway Metals Inc. is pleased to announce that it intends to settle the fourth of six payments due in consideration of an agreement previously announced on July 21, 2020 by the cash payment of $125,000 and the issuance of 1,056,338 common shares in the Capital of the Company at a deemed price equal to $0.355 per Share for a total deemed price of $375,000. Pursuant to the Agreement, the Company bought back a two percent [...]
