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Galway Metals Inc.
Summary
| Project: | Estrades | |
|---|---|---|
| Deposit: | Estrades | |
| Location: | Canada | |
| Commodities: | Gold-Silver-Zinc-Copper-Lead | |
| Date: | 5/8/2017 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 8-5-2017: Galway Metals Inc. announces an Exploration/Drilling Update report for its Estrades deposit at the Estrades project. Drilling results incl. 1.9m @ 1.4g/t Au, 89.9g/t Ag, 0.3% Zn, 7.4% Cu, 0.7% Pb from 355m. Galway Metals Inc. (TSX-V: GWM) (the " | |
| Resources: | (Resource, Ind.): 1.3Mt @ 3.89g/t Au, 137.9g/t Ag, 7.95% Zn, 1.12% Cu, 0.65% Pb at project | |
| CP/QP: | [Overall Report]: Mike Sutton (Not stated) | |
| ABSTRACT: | Galway Metals Inc. (TSX-V: GWM) (the "Company" or “Galway”) is pleased to announce assay results from four additional drill holes completed at its 100%-owned, 18,314 hectare, Estrades polymetallic property located in the northern Abitibi of western Quebec, Canada. Galway has now completed its Phase One drill program at Estrades. Sixteen holes plus one wedge hole were drilled, with one of the holes stopped due to excessive deviation, for a total of 6,469 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 five holes, with one of them previously reported in the February 28th press release. Assays for the remaining 12 holes are pending. Robert Hinchcliffe, President and CEO of Galway Metals, said, “Galway is very pleased with the new results. As we expand the resource in multiple areas, the high-grade nature of the deposit remains evident. With detailed IP results expected next week, Galway has approved a new 6,000 metre, Phase Two drill program that will enable us to place more emphasis on deeper targets in our search for high-grade source vents.” | |
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