Galway previous releases Since Galway is no longer releasing news lets just look back at some previous releases for fun......
May 5, 2011 (re: Galca coal which has completely fallen off the radar – perhaps they haven’t obtain the permits and the drill program has been mothballed?)
The Company has currently received two mining titles and is waiting for an additional four in order to begin the next phase of drilling, which is expected to resume in the second half of 2011.
May 11, 2011
Drilling has identified significant gold mineralization along 1,000 meters of strike, although potential to extend this to the full 1.2 kilometer length of its main California property exists. Galway plans on issuing an initial resource estimate on its California property in the fourth quarter of 2011.
June 22, 2011
Having the second drill rig ramping up through its commissioning stage is also positive as results from two rigs, coupled with our earlier extensive channel sampling efforts, should allow us to delineate a robust resource in a relatively short amount of time," cites Robert Hinchcliffe, President and CEO of Galway Resources.
October 26, 2011
Strong results from both projects have led us to increase the number of drill rigs at each, which will only accelerate our exploration efforts. We expect to have NI 43-101 resource estimates on California in the first quarter of 2012, and near mid-year 2012 for Vetas," states Robert Hinchcliffe, President and CEO of Galway Resources.
February 15, 2012 (robust news flow? really? really!)
"Not only are we continuing to receive multiple intersects of high grade gold and silver in virtually all of the holes drilled below the El Volcan mine, we are also continuing to expand the known boundaries of the mine laterally, along strike and to depth. The success rate that we are having on this drill program continues to exceed our expectations. Improved drill productivity should expedite our exploration program and bodes well for robust news flow," cites Robert Hinchcliffe, President and CEO of Galway Resources
May 9, 2012
Given the successful results seen at Machuca, Galway has deferred completing its initial resource estimate in order to incorporate the Machuca results into the estimate.
Robert Hinchcliffe, President and CEO of Galway Resources, said, "We are delighted with the emergence of the new Machuca zone, which reveals a new exploration dimension to the project that could significantly add to the total strike length and total potential resources. We believe our Machuca results will have a positive impact on our resource estimate that we expect to be completed about the end of the current quarter. Machuca is a notable addition to the abundance of strategic assets that Galway controls and we are pursuing numerous options to realize their full value."