For thousands of other reports visit RSC's Mineral Intellingence Map
Galway Metals Inc.
Summary
| Project: | Clarence Stream | |
|---|---|---|
| Deposit: | Richard | |
| Location: | Canada | |
| Commodities: | Gold | |
| Date: | 5/11/2020 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 11-5-2020: Galway Metals Inc. announces an Exploration/Drilling Update report for its Richard deposit at the Clarence Stream project. Drilling results incl. 12.5m @ 8.4g/t Au from 125m. (Toronto, Ontario, May 11, 2020) - Galway Metals Inc. (TSX-V: GWM) (t | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Mike Sutton (Internal) | |
| ABSTRACT: | (Toronto, Ontario, May 11, 2020) - Galway Metals Inc. (TSX-V: GWM) (the "Company" or “Galway”) is pleased to report assay results from resource drilling at the Richard Zone, and additional assay results from previous step-out holes 78 and 93, located between the Richard and Jubilee Zones, at the Company’s Clarence Stream project in southwest New Brunswick, Canada (Figure 1, Figure 2 and Figure 3). Highlights are as follows: Robert Hinchcliffe, President and CEO of Galway Metals, said, “The latest drilling was undertaken at 20-30 metre centres stepping out from the discovery hole, to prove there is good continuity, to identify the plunge of the veins, and to bring in indicated resources. The results are highlighted by good grades and widths in mostly shallow holes. The best assay in each hole lines up in a straight line, which shows a strong westly plunge with excellent continuity (e.g. 38.1/6.5m, 119.0/0.5m, and 33.7/0.9m in 3 holes – see Figure 4). Future drilling will follow this high-grade plunge. The new assays received from previously-released holes have added a good thickness to the Richard Zone’s western-most hole 93, which is similar to the intersections to the east (2.4/30m, 10.6/47m, 4.6/29.65m, 5.5/16.7m, 1.1/27.05m, 1.8/25.9m, etc.). Galway’s continued strong drill results demonstrate that Clarence Stream is an emerging new gold district in North America.” | |
Full Report
opaxe is a smart software platform that reconfigures and redistributes information and produces business insights to help mining professionals and investors make better decisions. We utilise technology and machine learning for data collection and human intelligence for the value-added services.
Full Report