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Galway Metals Inc.

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Summary

Project:

Clarence Stream

Deposit:GMZ
Location:Canada
Commodities:Gold
Date:4/29/2020
Report Code:NI43-101
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Resource Increase/Upgrade
Report details:29-4-2020: Galway Metals Inc. announces an Exploration/Drilling Update report for its GMZ deposit at the Clarence Stream project. Drilling results incl. 14.05m @ 6.5g/t Au from 462m. The three areas of visible gold in hole GWM20BL-88, located up to 230 me
Resources:(not mentioned in this report)
CP/QP:[Overall Report]: Michael Sutton (Internal)
ABSTRACT:The three areas of visible gold in hole GWM20BL-88, located up to 230 metres west of the previous known limit of the GMZ, returned individual assays of 14.0 g/t Au over 0.5m plus 24.0 g/t Au over 0.5m in the first zone, 2.7 g/t Au plus 2.6 g/t Au plus 5.6 g/t Au – over 0.5m each in the second zone, and 66.7 g/t Au over 0.9m plus 18.8 g/t Au over 0.5m in the deepest zone. In total, hole 88 intersected 6 mineralized structures. (Figure 2, Figure 3 and Figure 4). Two new structures have also been discovered 75 metres and 150 metres north of the George Murphy Zone. Hole GWM20CL-58 intersected 15-30% remobilized quartz veining with 1% arsenopyrite and 5% pyrite in one of the new discoveries, and 10-15% quartz veining with 1% arsenopyrite in the other. Several more zones with strong quartz returned weak assays. (Figure 2).

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