Galway Metals Reports High-Grade Gold Intercepts at Clarence Stream: 4.1 g/t Au Over 16m, Including 41.9 g/t Over 1.0m at Southwest Deposit
Galway Metals (OTCQB:GAYMF) has reported significant drill results from its Clarence Stream gold project in New Brunswick, Canada. The company intercepted high-grade gold results including 4.1 g/t Au over 16.0m (including 41.9 g/t over 1.0m) at shallow depths of 26 meters from surface at the Southwest Deposit.
The project demonstrates district-scale potential with a 65-kilometer strike length and currently holds a mineral resource estimate of 922,000 oz gold Indicated (12.4 Mt @ 2.3 g/t Au) and 1.334M oz gold Inferred (16.0 Mt @ 2.6 g/t Au). The company has 42 pending drill holes results from the North and Southwest deposits, with three rigs actively drilling to expand the resource base.
Galway Metals (OTCQB:GAYMF) ha riportato risultati di perforazione significativi dal progetto aurifero Clarence Stream in New Brunswick, Canada. La società ha intercettato risultati di oro ad alto grado includendo 4,1 g/t Au su 16,0 m (incluso 41,9 g/t su 1,0 m) a profondità superficiali di 26 metri dalla superficie presso il Southwest Deposit.
Il progetto mostra potenziale a livello distrettuale con una lunghezza di strisciamento di 65 chilometri e attualmente possiede una stima della riserva mineraria di 922.000 oz di oro indicati (12,4 Mt @ 2,3 g/t Au) e 1,334 M oz di oro inferred (16,0 Mt @ 2,6 g/t Au). L'azienda ha 42 perforazioni in attesa di risultati dai giacimenti North e Southwest, con tre trivelle attive per espandere la base di risorse.
Galway Metals (OTCQB:GAYMF) ha informado resultados de perforación significativos de su proyecto Clarence Stream de oro en New Brunswick, Canadá. La compañía interceptó resultados de oro de alto grado que incluyen 4.1 g/t Au sobre 16.0 m (incluido 41.9 g/t sobre 1.0 m) a profundidades superficiales de 26 metros desde la superficie en la Southwest Deposit.
El proyecto demuestra potencial a escala de distrito con una longitud de strike de 65 kilómetros y actualmente posee una estimación de recurso mineral de 922,000 oz de oro Indicados (12.4 Mt @ 2.3 g/t Au) y 1.334 M oz de oro Inferidos (16.0 Mt @ 2.6 g/t Au). La empresa tiene 42 perforaciones pendientes de resultados de North y Southwest, con tres equipos de perforación activos para expandir la base de recursos.
Galway Metals (OTCQB:GAYMF)는 캐나다 뉴브런즈윅 주 Clarence Stream 금 프로젝트에서 중요한 시추 결과를 발표했습니다. 회사는 Southwest Deposit에서 표면으로부터 26m 깊이에 위치한 16.0m 구간에서 고품위 금 결과를 포함해 4.1 g/t Au를 관측했으며, 1.0m 구간에서 41.9 g/t가 나왔습니다.
이 프로젝트는 지역 규모의 잠재력을 보이며 65km에 이르는 스트라이크 길이를 가지고 있고 현재 지시 금 922,000 oz의 추정량(12.4 Mt @ 2.3 g/t Au)과 추정 금 1.334M oz의 자원(Inferred: 16.0 Mt @ 2.6 g/t Au)을 보유합니다. 회사는 North, Southwest 광맥의 42건의 시추 결과를 아직 발표하지 않았으며 자원 기반 확장을 위해 3대의 시추기가 활발히 가동 중입니다.
Galway Metals (OTCQB:GAYMF) a publié des résultats de forage significatifs sur son projet d'or Clarence Stream au Nouveau-Brunswick, au Canada. La société a intercepté des résultats d'or à haute teneur comprenant 4,1 g/t Au sur 16,0 m (dont 41,9 g/t sur 1,0 m) à des profondeurs peu profondes de 26 mètres de la surface à la Southwest Deposit.
Le projet démontre un potentiel à l’échelle du district avec une longueur de strike de 65 kilomètres et détient actuellement une estimation de ressources minérales de 922 000 oz d’or Indiqués (12,4 Mt à 2,3 g/t Au) et 1,334 M oz d’or Inferred (16,0 Mt à 2,6 g/t Au). L’entreprise compte 42 forages en attente de résultats issus des dépôts North et Southwest, avec trois forages en activité pour élargir la base de ressources.
Galway Metals (OTCQB:GAYMF) hat signifikante Bohrtestergebnisse von ihrem Clarence Stream Goldprojekt in New Brunswick, Kanada, gemeldet. Das Unternehmen hat hochgradige Goldwerte einschließlich 4,1 g/t Au über 16,0 m (einschließlich 41,9 g/t über 1,0 m) in geringen Tiefen von 26 Metern unter der Oberfläche am Southwest Deposit beobachtet.
Das Projekt zeigt distiktweites Potenzial mit einer 65 Kilometer langen Strike-Linie und hält derzeit eine Mineralressourcenschätzung von 922.000 oz Gold Indicated (12,4 Mt @ 2,3 g/t Au) und 1,334 Mio. oz Gold Inferred (16,0 Mt @ 2,6 g/t Au). Das Unternehmen hat 42 ausstehende Bohrlochergebnisse aus North und Southwest, wobei drei Bohranlagen aktiv sind, um die Ressourcenbasis zu erweitern.
Galway Metals (OTCQB:GAYMF) أصدرت نتائج حفر كبيرة من مشروع Clarence Stream للذهب في نيو برونزويك، كندا. أشارت الشركة إلى نتائج ذهب عالية الجودة تشمل 4.1 ج/لتر طن من الذهب على عمق 16.0 م (بما في ذلك 41.9 ج/لتر طن على 1.0 م) عند عمق 26 متراً من سطح الشرفة في الكشف Southwest.
يظهر المشروع إمكانات على مستوى المنطقة مع طول امتداد 65 كيلومتراً ويحمل حالياً تقدير مورد معدني من 922,000 أوقية من الذهب محددة (12.4 Mt @ 2.3 g/t Au) و 1.334 مليون أوقية من الذهب المستخلص inferred (16.0 Mt @ 2.6 g/t Au). لدى الشركة 42 حفر قيد النتائج من North وSouthwest، مع وجود ثلاث حفارات نشطة لتوسيع قاعدة الموارد.
Galway Metals (OTCQB:GAYMF) 在加拿大新不伦瑞克省的 Clarence Stream 金矿项目公布了重要的钻探结果。公司在 Southwest Deposit 的地表上方26米深处，发现包括 16.0 m 的区间内 4.1 g/t Au 的高品位金结果（其中 1.0 m 为 41.9 g/t）。
该项目展现出区域规模潜力，走向65公里，且当前的矿产资源估算为 指示金量 922,000 oz（12.4 Mt @ 2.3 g/t Au）以及 推断金量 1.334 M oz（16.0 Mt @ 2.6 g/t Au）。公司还在 North 与 Southwest 矿区进行的 42 口钻孔结果待披露，现有三口钻机在运作以扩大资源基础。
- High-grade gold intercept of 4.1 g/t Au over 16.0m, including 41.9 g/t over 1.0m at shallow depth
- Significant existing resource base of 922,000 oz Indicated and 1.334M oz Inferred gold
- Active exploration program with 3 drilling rigs and 42 pending hole results
- Shallow mineralization at 26 meters from surface indicates potential for economical extraction
- Government financial support through New Brunswick Junior Mining Assistance Program
- None.
TORONTO, ON / ACCESS Newswire / September 23, 2025 / Galway Metals Inc. (TSXV:GWM)(OTCQB:GAYMF) (the "Company" or "Galway") is pleased to report drill results for 6 diamond drill holes at the Southwest Deposit in the Company's
Rob Hinchcliffe, President and CEO of Galway, commented, "The high-grade, shallow intercepts from recent drilling at the Southwest Deposit are significant as they demonstrate continuity of gold within our modeled pits and support the conversion of inferred to indicated resources. Importantly, intercepts outside of the existing pit shells highlight the opportunity to expand the deposit into a much larger resource. With results pending from 42 holes at the North and Southwest deposits and three rigs actively turning, we anticipate steady news flow in the coming months as we continue to grow Clarence Stream's resource base."
Highlights (Plan Map)
CL-229 intersected 4.1 g/t gold over 16.0m including 41.9 g/t gold over 1.0m (26 vertical meters from surface) and 0.7 g/t gold over 17.0m (Section 1)
CL-228 intersected 1.8 g/t gold over 7.0m (16 vertical meters from surface) and 1.2 g/t gold over 9.0m and 0.7 g/t gold over 10.0m
CL-225 intersected 1.2 g/t gold over 10.0m including 2.7 g/t gold over 3.0m and 3.3 g/t gold over 3.0m. (Section 2)
Additional pending assays for 21 additional Southwest Deposit holes and 21 North Deposit Holes
High-Grade Gold Results Connect Mineralization within Southwest Deposit
The drill holes in this release were designed to expand and connect mineralization within the largest pit shell at the Southwest Deposit. CL-225 intersected a wide envelope of mineralization just outside the existing pit, highlighting the potential to extend the resource further north. CL-229 delivered a strong shallow intercept of 4.1 g/t Au over 16.0m, including 41.9 g/t Au over 1.0m, as well as a broad lower-grade zone of 0.7 g/t Au over 17.0m immediately below the pit shell. The other holes in this release successfully filled gaps in the block model, improving continuity of mineralization. Assays are pending for 21 additional Southwest Deposit holes and 21 North Deposit holes, which are expected to provide important updates in the coming months. For a more comprehensive list of Southwest Deposit assays, please click the following link, Assay and Coordinate Table.
Geology and Mineralization
The Clarence Stream deposits can be characterized as intrusion-related, structurally controlled, quartz-vein hosted gold deposits. These deposits consist of quartz veins and quartz stockwork within brittle-ductile fault zones that include adjacent crushed, altered wall rocks and veinlet material. The mineralized systems are hosted in intrusive and metasedimentary rocks within high strain zones controlled by regional fault systems. Pyrite, base metal sulphides, and stibnite occur in these deposits along with anomalous concentrations of bismuth, arsenic, antimony and tungsten. Alteration in the host rocks is confined within a few metres of quartz veins and occurs mainly in the form of sericitization and chloritization. A more complete description of Clarence Stream's geology and mineralization can be found at www.galwaymetalsinc.com.
New Brunswick Junior Mining Assistance Program
Galway would like to acknowledge financial support from the New Brunswick Junior Mining Assistance Program, which will contribute up to
Review by Qualified Person
The scientific and technical information contained in this news release has been reviewed and approved by Jesse Fisher, P.Geo., Project Manager for Clarence Stream and a Qualified Person as defined by National Instrument 43-101. Mr. Fisher certifies that this news release fairly and accurately reflects the technical information and data presented. Galway Metals conducts its exploration activities in accordance with CIM Best Practices Guidelines.
Quality Control and Reports
All core, chip/boulder samples, and soil samples are assayed by Activation Laboratories, located at 41 Bittern Street, Ancaster, Ontario, Canada, Agat Laboratories, located at 5623 McAdam Road, Mississauga Ontario, Canada L4Z 1N9 and 35 General Aviation Road, Timmins, ON P4P 7C3, and/or Swastika Laboratories situated in Swastika, ON. All four labs have ISO/IEC 17025 accreditation. All core is under watch from the drill site to the core processing facility. Drill core is NQ size and sample intervals range from 0.5 meters to 1.5 meters in length. All samples are assayed for gold by Fire Assay, with gravimetric finish, and other elements assayed using ICP. The Company's QA/QC program includes the regular insertion of blanks and standards into the sample shipments, as well as instructions for duplication. Standards, blanks and duplicates are inserted at one per 20 samples. Approximately five percent (
About Galway Metals Inc.
Galway Metals is a Canadian mineral exploration and development company focused on advancing its
For additional Information on Galway Metals Inc., Please contact:
Robert Hinchcliffe President & Chief Executive Officer
Telephone: 1-800-771-0680
Email: info@galwaymetalsinc.com
Website: www.galwaymetalsinc.com
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Cautionary Statement
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Toronto Stock Exchange) accepts responsibility for the adequacy or accuracy of this news release. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein.
This News Release includes certain "forward-looking statements" which are not comprised of historical facts. Forward-looking statements include estimates and statements that describe the Company's future plans, objectives or goals, including words to the effect that the Company or management expects a stated condition or result to occur. Forward-looking statements may be identified by such terms as "believes", "anticipates", "expects", "estimates", "may", "could", "would", "will", or "plan". Since forward-looking statements are based on assumptions and address future events and conditions, by their very nature they involve inherent risks and uncertainties. Although these statements are based on information currently available to the Company, the Company provides no assurance that actual results will meet management's expectations. Risks, uncertainties and other factors involved with forward-looking information could cause actual events, results, performance, prospects and opportunities to differ materially from those expressed or implied by such forward-looking information. Forward looking information in this news release includes, but is not limited to, the Company's objectives, goals or future plans, information with respect to the OTCQB listing, DTC eligibility, and broadening U.S. institutional and retail investors. Factors that could cause actual results to differ materially from such forward-looking information include, but are not limited to changes in economic conditions or financial markets, political and competitive developments, operation or exploration difficulties, changes in equity markets, changes in exchange rates, fluctuations in commodity prices capital, operating and reclamation costs varying significantly from estimates and the other risks involved in the mineral exploration and development industry, an inability to predict and counteract the effects of COVID-19 on the business of the Company, including but not limited to the effects of COVID-19 on the price of commodities, capital market conditions, restrictions on labour and international travel and supply chains, and those risks set out in the Company's public documents filed on SEDAR. Although the Company believes that the assumptions and factors used in preparing the forward-looking information in this news release are reasonable, undue reliance should not be placed on such information, which only applies as of the date of this news release, and no assurance can be given that such events will occur in the disclosed time frames or at all. The Company disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, other than as required by law.
SOURCE: Galway Metals Inc.
View the original press release on ACCESS Newswire
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