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Galway Metals Inc.
Summary
| Project: | Clarence Stream | |
|---|---|---|
| Deposit: | Clarence Stream | |
| Location: | Canada | |
| Commodities: | Gold | |
| Date: | 2/26/2019 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 26-2-2019: Galway Metals Inc. announces an Exploration/Drilling Update report for its Clarence Stream deposit at the Clarence Stream project. Drilling results incl. 11m @ 5.4g/t Au from 133m. TORONTO, ON / ACCESSWIRE / February 26, 2019 / Galway Metals In | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Michael Sutton (Internal) | |
| ABSTRACT: | TORONTO, ON / ACCESSWIRE / February 26, 2019 / Galway Metals Inc. (TSX-V: GWM) (the "Company" or ''Galway'') is pleased to report first assays from the second hole into the previously-reported new gold discovery at its Clarence Stream Gold Project in SW New Brunswick (February 13, 2019). The new gold zone is in an area where there has been no previous drilling, centered between the George Murphy and Jubilee Zones, approximately 1km from each. This new discovery highlights the importance of Clarence Stream as one of Canada's most exciting new gold camps. The discovery hole, BL18-12, returned 7.3 grams per tonne (g/t) Au over 36.7 metres (m), including 38.1 g/t Au over 6.5 m in multiple quartz veins containing abundant visible gold, starting only 51 metres downhole and 36 metres vertical (Figure 1). Follow-up drilling in hole BL19-15 intersected 5.4 g/t Au over 11.0 m, consisting of all the initial RUSH samples (assays pending on both ends and for the remainder of the hole), including 20.9 g/t Au over 2.55 m. This hole intersected visible gold (VG) twice, approximately 50 metres NW of and 97 metres vertically below the VG seen in BL18-12 (Figure 2). Also reported are partial results from hole BL-13, which also intersected multiple zones, and the rest of the results from hole BL-12 that were pending. | |
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