Galway Metals Inc. is pleased to report new and updated drill results from holes in the George Murphy Zone , and western and northern extensions of it at the Clarence Stream Gold Project in SW New Brunswick; the eastern-most intersection at the Adrian Zone that was previously-reported to host abundant visible gold in hole CL21-92 has also been returned . High grades continue to be returned from the new Adrian Zone. The [...]
Galway Metals Inc. is pleased to announce the first results from its 2021 drill program at its Estrades property in the Northern Abitibi of western Quebec . Three drills began a 10,000m programme in mid January targeting the 3 primary horizons of mineralization - the former producing, high grade Estrades volcanogenic massive sulphide mine, the Newiska VMS horizon to the south, and the Casa Berardi Break horizon to the [...]
Galway Metals Inc. is pleased to report new drill results from the northern veins of the George Murphy Zone , and from the nearby Adrian Zone at the Clarence Stream Gold Project in SW New Brunswick . The main takeaways from drill results are as follows: The northern GMZ veins appear to be connecting to the Adrian Zone to give a combined horizontal strike length of 450m to date. Hole CL20-84, for which visible gold was [...]
Galway Metals Inc. , is pleased to announce that it has closed the previously announced bought deal private placement offering for aggregate gross proceeds of $15 million consisting of 5,999,900 common shares of the Company that qualify as "flow-through shares" of the Income Tax Act ) at a price of $1.45 per National FT Share, 1,087,000 common shares of the Company that qualify as "flow-through shares" of the Income Tax [...]
Galway Metals Inc. , is pleased to report that in connection with its previously announced bought deal private placement offering, the Company and a syndicate of underwriters led by Paradigm Capital Inc. , and including Laurentian Bank Securities Inc., Desjardins Securities Inc., and BMO Capital Markets , have agreed to increase the size of the offering to total gross proceeds of $15 million. The Company will now issue [...]
Galway Metals Inc. , is pleased to announce that it has entered into an agreement with Paradigm Capital Inc. on behalf of a syndicate of underwriters , in connection with a bought deal private placement financing for total proceeds of $12 million, consisting of 4,138,000 common shares of the Company that qualify as "flow-through shares" of the Income Tax Act ) at a price of $1.45 per National FT Share, 1,087,000 common [...]
Galway Metals Inc. is pleased to report new drill results from holes in the western and northern extensions of the George Murphy Zone at the Clarence Stream Gold Project in SW New Brunswick . Results to the west follow-up on previously-released drill hole 88 that extended the zone 230m to the west and that returned three areas of visible gold with intersections of 6.5 g/t Au over 14.05 m, 9.7 g/t Au over 2.0m, and 1.2 g/t [...]
Galway Metals Inc. is pleased to announce that it has begun its 2021 drill program at its Estrades property in the Northern Abitibi of western Quebec . Three drills have begun a 10,000m programme targeting the 3 primary horizons of mineralization, including: The former producing, high grade Estrades volcanogenic massive sulphide mine on Galway's claims, which hosts the existing resource - see below ; The Newiska VMS [...]
Galway Metals Inc. is pleased to report full and partial assay results from 8 new holes plus results from 2 holes that had some assays pending in the 650 metre gap between the Richard and George Murphy Zones at the Company's Clarence Stream project in southwest New Brunswick. The latest results are highlighted by likely extensions to the east of previously identified veins and new veins to the north, which are denoted as [...]
Galway Metals Inc. is pleased to report assay results from a new discovery from wildcat exploration drilling at the Company's Clarence Stream project in southwest New Brunswick, Canada. This hole, the first in the area, is located 900m NW and likely along a different trend than the discovery hole in the previously-reported New Discovery of 13.4 grams per tonne Au over 12.95 metres . The new discovery intersected 4.8 g/t [...]
Galway Metals Inc. is pleased to announce that Robert Hinchcliffe, President, Chief Executive Officer and Director of the Company has acquired, through a series of transactions conducted through the facilities of the TSX Venture Exchange, a total of 750,000 common shares of the Company in 2020. As a result, Mr. Hinchcliffe now owns a total of 14,310,519 common shares of Galway, representing approximately 8.5% of the [...]
Galway Metals Inc. is pleased to report the first seven follow-up holes from the previously-reported New Discovery of 13.4 g/t Au over 12.95m in hole CL20-65, located ~270 metres NE of the George Murphy Zone at the Clarence Stream Gold Project in SW New Brunswick . These seven follow-up holes, of which Galway has received only partial assays from three, have numerous intersections, such as 33.7 g/t Au over 4.7m and 1.5 [...]
