Galway Metals Intersects High-Grade Gold at Clarence Stream Project

TORONTO, ON / ACCESSWIRE / June 18, 2024 / Galway Metals Inc. (TSX-V:GWM)(OTCQB:GAYMF) announced positive results from its diamond drilling program at the Clarence Stream high-grade gold project in New Brunswick, Canada. The project shows district-scale potential with a 65-kilometre strike length of promising gold anomalies.

President and CEO Rob Hinchcliffe stated that the drilling program confirms strong gold continuity throughout the Southwest Deposit. Highlights include Hole CL-179 intersecting 19.5 g/t gold over 4.2 metres and Hole CL-190 intersecting 2.7 g/t gold over 4.5 metres. Nine additional follow-up drill holes are pending assays.

Galway is mobilizing a second drill rig to expand high-grade mineralization at the South Deposit, which boasts an Indicated Resource of 332,000 oz Au at 2.99 g/t and an Inferred Resource of 325,000 oz Au at 4.03 g/t.

The drilling program continues to target high-priority gold exploration areas in the #2 target area of the Gabbro Complex. Four preliminary holes have been drilled, with additional drilling planned in the coming weeks.