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Galway Metals Inc V.GWM

Alternate Symbol(s):  GAYMF

Galway Metals Inc. is a Canada-based mineral exploration and development company, which is engaged in the process of exploring the Clarence Stream and Estrades gold and polymetallic projects, located in New Brunswick and Quebec. The Company has a 100% undivided interest in the Clarence Stream gold project, which is located approximately 70 kilometers (km) south-southwest of Fredericton in south-western New Brunswick, Canada. Its land position comprises over 60,465 hectares (149,412 acres) with 65 km of strike length (and a width of up to 28 km) along the Sawyer Brook Fault System. The Company has an undivided 100% ownership interest in the former producing, high grade Estrades mine, related Newiska concessions, and adjacent Casa Berardi claims in western Quebec, Canada, located approximately 95 km north of the town of La Sarre. The claims are contiguous and comprise 31 km of strike.


TSXV:GWM - Post by User

Post by Foggie2021on Apr 04, 2024 10:37am
367 Views
Post# 35970298

Fun Facts

Fun FactsJust doing some back of envelope arithmetic:
.-447 grams per tonne equates to 15.8 ozs. per tonne;
- gold is trading at $2310 US per ounce;
- you can put 14 tonnes in a large dump truck;
Therfore one large dump truck of the high grade stuff, once refined, is worth $508,600 $US ...that's approximately $687,500 $Cdn.
Think I may buy a little more :)
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