RE: RE: Sculpin.Your thoughts on the altitude of VCheck out pages 12 and 25 of the websites presentation for elevation of California and Vetas respectively. Also here is a portion of the nr that cosford had said dealt with elevation.
Toronto, Ontario: April 28, 2010 - Galway Resources Ltd. (GWY: TSX-V) is pleased to report that it is the Company's opinion that reform of the existing Mining Code, Law 1382, which requires that mining and exploration activity be excluded from the Paramo ecosystem, does not affect its California properties located adjacent to and along strike Ventana's La Mascota property. Galway's California concessions are below the 3,200 meter elevation in which the Paramo ecosystem exist and the Company's exploration efforts are taking place in areas no higher than 2,500 meters above sea level. Galway is operating its three projects in Colombia under approved environmental management plans.
"We look forward to continuing to comply with local and international standards in the advancement of our projects. From a policy standpoint, we do not see any issues that will impede the progress of moving our mining projects forward, most specifically our gold projects in the California and Vetas gold districts of Colombia," cites Robert Hinchcliffe, President and CEO of Galway Resources.
Vetas Gold Project
The company is currently carrying out exploration on its Vetas properties which are located 8 kilometers SE of Galway's California gold project. The principle focus for the exploration program is on the El Volcan mine, which has been in production for over 400 years. The El Volcan mine, which is above 3,200 meters of elevation, is currently operating and producing gold under an exploitation license that is valid for 26 years, and as such we do not believe it will be impacted by reform of the mining code.