Galway Metals Inc. is pleased to report assay results that were pending from drilling on the east and west sides of the Richard Zone at the Company's Clarence Stream project in southwest New Brunswick, Canada . The latest results are highlighted by: Hole 128 intersected 5.3 grams per tonne Au over 25.5 metres , including 54.6 g/t Au over 0.5m, 20.9 g/t Au over 2.5m, and 16.4 g/t Au over 1.5m, , starting at a vertical [...]
TORONTO, ON / ACCESSWIRE / November 16, 2020 - Galway Metals Inc. is pleased to announce that it has awarded 2,250,000 million incentive stock options exercisable at C$1.28 per common share and expiring on November 16, 2030, to officers and directors of the Company. This grant of options is in compliance with terms of the Company's Stock Option Plan and remains subject to acceptance by the TSX Venture Exchange. About the [...]
Galway Metals Inc. is pleased to report assay results from drilling on the west and east sides of the Richard Zone at the Company's Clarence Stream project in southwest New Brunswick, Canada . The latest results are highlighted by: Hole 118 intersected 9.7 grams per tonne Au over 15.0 metres , including 267.0 g/t Au over 0.5m with Visible Gold , starting at a vertical depth of 177m below surface. The VG is 184m west of an [...]
Galway Metals Inc. is pleased to report new drill results from the western extension of the George Murphy Zone at the Clarence Stream Gold Project in SW New Brunswick. These results 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 Au over 11.0m . The current [...]
Galway Metals Inc. is pleased to report assay results from drilling on the west side of the Richard Zone at the Company's Clarence Stream project in southwest New Brunswick, Canada . The latest results are highlighted by: Hole 106 intersected 54.7 grams per tonne Au over 2.5 metres , including 191.0 g/t Au over 0.5m Visible Gold , plus 0.9 g/t Au over 54.2m , plus 10.0 g/t Au over 4.5m, starting at vertical depths of 86m [...]
Galway Metals Inc. is pleased to report that it has optioned 5 claim groups consisting of a total of 79 claim units at the Clarence Stream Gold Project in SW New Brunswick . Highlights include: Mineralization at Oak Bay and Lily Hill consists of arsenopyrite-rich quartz veining in altered, silicified gabbro dykes in contact with sediments - a similar setting to the South Zone that currently hosts most of the resource. Oak [...]
Galway Metals Inc. is pleased to report that the previously-reported intersect of a 14.4 metre massive quartz vein containing 29 splashes of Visible Gold in hole CL20-65 returned 13.4 g/t Au over 12.95m. This hole is the first in a newly drilled area, located 320 metres NE of a previously-reported new vein intersection of 11.4 g/t Au over 2.0m, including 43.5 g/t Au over 0.5m in hole CL20-58. The intersection in hole 58 [...]
Galway Metals Inc. is pleased to report that hole CL20-65 contains abundant Visible Gold in a new massive quartz vein that is 14.4 metres in core length, located 320 metres NE of a previously-reported new vein intersection of 11.4 g/t Au over 2.0m, including 43.5 g/t Au over 0.5m in hole CL20-58. The intersection in hole 58 had been discovered 75 metres north of the George Murphy Zone at the Clarence Stream Gold Project [...]
Galway Metals Inc. is pleased to announce that it has entered into an agreement dated July 27, 2020 with an arm's length third party royalty holder to buy back a one percent net smelter returns royalty covering certain mineral claims at the Company's Clarence Stream property in southwest New Brunswick . This is a separate royalty and is in addition to the royalty purchase announced on July 21, 2020. The mineral claims [...]
Galway Metals Inc. is pleased to report assay results from drilling on the west side of the Richard Zone at the Company's Clarence Stream project in southwest New Brunswick, Canada . The latest results are highlighted by: Hole 106 intersected 54.7 grams per tonne Au over 2.5 metres , including 191.0 g/t Au over 0.5m Visible Gold , plus VG at 200.45m starting at vertical depths of 86m and 196m below surface [...]
Galway Metals is pleased to announce that it has closed the previously announced "best efforts" offering for aggregate gross proceeds of $17.35 million, consisting of 17,877,300 common shares of the Company that qualify as "flow-through shares" of the Income Tax Act at a price of $0.635 per FT Share, and 13,636,400 common shares of the Company at a price of $0.44 per Offered Share. The Offering was carried out by a [...]
Galway Metals Inc. is pleased to report assay results from wildcat exploration drilling located 950m SW and along strike of the western-most intersection of the Jubilee Zone at the Company's Clarence Stream project in southwest New Brunswick, Canada. That intersection had returned 1.9 grams per tonne Au over 43.3 metres , including 21.2 g/t Au over 2.35m), starting at a vertical depth of 36m below surface . The new [...]
