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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 zack50on Dec 02, 2024 7:42pm
90 Views
Post# 36341829

Highlights and comments...

Highlights and comments...

Highlights

* CS-407 intersected 29.1 g/t gold over 4.0 metres including 68.2 g/t gold over 1.5 metres

* CS-401 intersected 2.0 g/t gold over 8.0 metres including 5.9 g/t gold over 2.0 metres

* CS-403 intersected 2.6 g/t gold over 5.0 metres including 10.0 g/t gold over 0.65 metres
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Rob Hinchcliffe, President and CEO of Galway comments...

"The drill results confirm high-grade gold continuity at depth in the South deposit and we believe expanding this deposit is a top priority because it will most likely be the Clarence Stream starter pit.

Expect the remaining South Deposit assays to be released in the coming weeks. 

Follow up drilling at the Southwest deposit has intersected two visible gold zones, which will extend mineralization at least 140 metres towards the north. We will have a dedicated rig expanding the Southwest deposit all winter and expect these assays to be released in early 2025."

 

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