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Galway Metals Inc.
Summary
| Project: | Clarence Stream | |
|---|---|---|
| Deposit: | Clarence Stream | |
| Location: | Canada | |
| Commodities: | Gold | |
| Date: | 2/28/2019 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 28-2-2019: Galway Metals Inc. announces an Exploration/Drilling Update report for its Clarence Stream deposit at the Clarence Stream project. Drilling results incl. 8.7m @ 13.0g/t Au from 54.3m. TORONTO, ON / ACCESSWIRE / February 28, 2019 / Galway Metals | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Michael Sutton (Internal) | |
| ABSTRACT: | TORONTO, ON / ACCESSWIRE / February 28, 2019 / Galway Metals Inc. (TSX-V: GWM) (the "Company" or ''Galway'') is pleased to report that drilling at its George Murphy Zone (GMZ) at the Clarence Stream Gold Project in SW New Brunswick has intersected 13.0 grams per tonne (g/t) Au Over 8.7 Metres (m), including 201.0 g/t Au Over 0.5m. This hole, CL18-36, contained significant visible gold and was located 40 metres above previous hole CL18-26 that returned 241.5 g/t Au over 4.2m, including 807.0 g/t Au over 1.25m. Drilling has also extended the western limit and depth of the zone. Hole CL18-33, which intersected 7.2 g/t Au over 2.75m, including 35.0 g/t Au over 0.55m, extended the zone to the west, while holes CL18-34 and CL18-35, which intersected 2.1 g/t Au over 15.7m, and 1.6 g/t Au over 14.0m, respectively, extended the zone to depth. (Figure 1 and Figure 2). ''While we are eagerly awaiting additional drill results from our new Richard Zone discovery located 1km to the west, we are very pleased that the George Murphy Zone, which Galway initially reported as our first new discovery in December 2017, is growing and contains significantly high-grade shoots; the 201 g/t nicely corroborates the previous result of 807 g/t,'' cites Robert Hinchcliffe, President and CEO of Galway Metals. | |
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