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Galway Metals Inc.
Summary
| Project: | Clarence Stream | |
|---|---|---|
| Deposit: | Clarence Stream | |
| Location: | Canada | |
| Commodities: | Gold | |
| Date: | 4/18/2019 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 18-4-2019: Galway Metals Inc. announces an Exploration/Drilling Update report for its Clarence Stream deposit at the Clarence Stream project. Drilling results incl. 36.65m @ 7.3g/t Au from 49.85m. TORONTO, ON / ACCESSWIRE / April 18, 2019 / Galway Metals | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Michael Sutton (Internal) | |
| ABSTRACT: | TORONTO, ON / ACCESSWIRE / April 18, 2019 / Galway Metals Inc. (TSX-V: GWM) (the "Company" or ''Galway'') is pleased to report Clarence Stream assay results from two diamond drill holes and partial assay results from four others at the Jubilee Zone, assays that were pending from two holes and full assays from a third at the recentlydiscovered Richard Zone, plus assays that were pending from two holes at the George Murphy Zone (GMZ) (Figure 1). Robert Hinchcliffe, President and CEO of Galway Metals, said, ''All 5 zones at Clarence Stream have multiple structures with good grades and widths, and all of them remain wide open for expansion. There are also many strong and never-before-drilled targets to probe for new discoveries. As such, Galway has mobilized a 2nd drill rig to the property, which is expected to arrive in coming weeks. Once drilling recommences after the snow melt, Galway's goal is to initially expand both Richard and Jubilee, with one rig on each zone, and to then drill the recently-discovered Richard Zone with both rigs in order to define a resource there. After that, the 2nd rig will seek to drill high-priority wildcat targets to make additional new discoveries, and to also expand the area north of the North Zone. Having 2 drill rigs provides Galway with significantly more flexibility to make new discoveries and to expand existing zones at Clarence Stream, which we believe is an emerging new gold district in eastern Canada.'' | |
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