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Galway Metals Inc.
Summary
| Project: | Clarence Stream | |
|---|---|---|
| Deposit: | Jubilee, Richard | |
| Location: | Canada | |
| Commodities: | Gold | |
| Date: | 9/5/2019 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 5-9-2019: Galway Metals Inc. announces an Exploration/Drilling Update report for its Jubilee, Richard deposit at the Clarence Stream project. Drilling results incl. 43.25m @ 1.9g/t Au from 101.00m. TORONTO, ONTARIO / ACCESSWIRE / September 5, 2019 / Galwa | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Michael Sutton (Internal) | |
| ABSTRACT: | TORONTO, ONTARIO / ACCESSWIRE / September 5, 2019 / Galway Metals Inc. (TSXV:GWM) (the "Company" or “Galway”) is pleased to report final assay results from drill hole BL19-21 at the Jubilee Zone (Figure 1), and first drill hole results from the recent Richard Zone discovery since the resumption of drilling (Figure 2) there. The newly discovered Richard Zone was first reported in January, 2019 and lies between the Jubilee Zone and the Company’s first discovery, the George Murphy Zone (initially reported in December, 2017). Robert Hinchcliffe, President and CEO of Galway Metals, said, “We are pleased to report on activities at Clarence Stream, an emerging new gold district in eastern Canada. The 43.3 metres at Jubilee is our widest and best intersection in that deposit to date. The multiple mineralized intersects in several of the Richard Zone holes bodes well for the mineralization there to become important. We think all 3 zones that are not in resource, the George Murphy, Richard and Jubilee, which cover 2 km of strike length, are part of the same system, and as such we will postpone the resource update until further drilling can bulk up the discoveries we’ve made. Given that all 5 zones are are open in every direction, and to make new discoveries at Clarence Stream, Galway has added a third rig and increased the 2019 drill program to 17,000 metres, up from 12,000 metres.” | |
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