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Galway Metals Inc.
Summary
| Project: | Estrades | |
|---|---|---|
| Deposit: | Estrades | |
| Location: | Canada | |
| Commodities: | Gold-Silver-Zinc-Copper-Lead | |
| Date: | 6/14/2017 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 14-6-2017: Galway Metals Inc. announces an Exploration/Drilling Update report for its Estrades deposit at the Estrades project. Drilling results incl. 2.7m @ 2.8g/t Au, 111.3g/t Ag, 4% Zn, 4.7% Cu, 0.2% Pb from 341.8m. (Toronto, Ontario, June 14, 2017) - | |
| Resources: | (Resource): 1.3Mt @ 12.37g/t AuEq & 1.2Mt @ 7.42g/t AuEq at Estrades | |
| CP/QP: | [Overall Report]: Mike Sutton (Internal) | |
| ABSTRACT: | (Toronto, Ontario, June 14, 2017) - Galway Metals Inc. (TSX-V: GWM) (the "Company" or “Galway”) is pleased to announce assay results from five additional drill holes completed at its 100%-owned, 20,915 hectare, Estrades polymetallic property located in the northern Abitibi of western Quebec, Canada. Galway is also currently undertaking the drilling of a deep drill hole that is targeting the down-plunge extension of the best mineralization identified on the property to date— below the former mine under the Main Zone. Galway has completed its Phase One drill program at Estrades, which was comprised of sixteen holes plus one wedge hole (one of the holes was stopped due to excessive deviation) for a total of 6,476 metres. The Phase One program was designed to expand the existing resource on the periphery of known zones at shallow depths, and to probe a few deeper holes close to potential source vents. Galway has received full assay results from 10 holes, with five of them previously reported in the May 8th and February 28th press releases. Assays for the remaining seven holes are pending. Robert Hinchcliffe, President and CEO of Galway Metals, said, “Galway is pleased with results received to date from the Phase One drill program, and has begun its new 6,000 metre, Phase Two drill program. Phase Two is focused on the mostly undrilled area between the Central and Main Zones, and the deeper IP-generated targets below the Main Zone in the Company’s search for wider high-grade source vents.” | |
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