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Galway Metals Inc.
Summary
| Project: | Clarence Stream | |
|---|---|---|
| Deposit: | GMZ | |
| Location: | Canada | |
| Commodities: | Gold | |
| Date: | 8/9/2018 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 9-8-2018: Galway Metals Inc. announces an Exploration/Drilling Update report for its GMZ deposit at the Clarence Stream project. Drilling results incl. 17.0m @ 3.4g/t Au from 101m. TORONTO, ON / ACCESSWIRE / August 9, 2018 / Galway Metals Inc. (TSX-V: GWM | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Michael Sutton (Not stated) | |
| ABSTRACT: | TORONTO, ON / ACCESSWIRE / August 9, 2018 / Galway Metals Inc. (TSX-V: GWM) (the "Company" or "Galway") is pleased to report assay results from 5 additional drill holes and 2 partial holes, (1,693 metres) in the recently discovered George Murphy Zone (GMZ) at Clarence Stream in SW New Brunswick (Figure 1). A new intersect from hole GWM-18CL-29, which returned 1.9 g/t gold over 22.0 metres, extended the strike length of the GMZ by 110 metres to 500 metres. The drill program is designed to expand the mineralized envelope in order to complete a resource update, which will be undertaken in the first quarter, 2019. The upcoming Clarence Stream resource estimate will include, for the first time, the newly discovered George Murphy Zone and the Jubilee Zone. "This 500-metre long new discovery is filling in and expanding nicely, and continues to be open in every direction. Galway believes its huge, 60,000-hectare, 65-km long Clarence Stream property hosts a new emerging gold district. In fact, the discovery at George Murphy represented Galway's first drilling outside the three previously known deposits, and given the plethora of additional drill targets that exist, additional discoveries are likely ahead. Galway set an exploration target of 200,000-260,000 ounces for George Murphy," cites Robert Hinchcliffe, President and CEO of Galway Metals. | |
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