TORONTO, Jan. 10, 2014 /CNW/ - Galway Gold Inc. (TSX V: GLW) ("Galway Gold", "Galway" or the "Company") announces that it has exercised its right to acquire the Vetas gold-silver project in the Vetas-California-Surata gold region of Colombia. The total option exercise price is approximately US $4.3 million (cash balance as of September 30, 2013 was US $13.5 million). Galway Gold has been advised that the counterparty to [...]
TORONTO, Nov. 27, 2013 /CNW/ - Galway Gold Inc. (TSX-V: GLW) ("Galway Gold, Galway or the Company") is pleased to announce an initial mineral resource estimate at its Vetas gold-silver project, host of the El Volcán gold-silver mine that has been in operation for over 400 years and is the largest mine in the Vetas-California-Surata gold region of Colombia. As previously reported, Galway Gold's Vetas project was spun out of Galway Resources into Galway Gold after Galway Resources was acquired by AUX Acquisition 2 S.àr.l on December 20, 2012, for total consideration of approximately Cdn$340 million cash. Galway Gold is well capitalized with US$14.8 million of cash as o... [...]
TORONTO, Nov. 27, 2013 /CNW/ - Galway Gold Inc. (TSX-V: GLW) ("Galway Gold, Galway or the Company") is pleased to announce an initial mineral resource estimate at its Vetas gold-silver project, host of the El Volcán gold-silver mine that has been in operation for over 400 years and is the largest mine in the Vetas-California-Surata gold region of Colombia. As previously reported, Galway Gold's Vetas project was spun out of Galway Resources into Galway Gold after Galway Resources was acquired by AUX Acquisition 2 S.àr.l on December 20, 2012, for total consideration of approximately Cdn$340 million cash. Galway Gold is well capitalized with US$14.8 million of cash as o... [...]
TORONTO, July 19, 2013 /CNW/ - Galway Gold Inc. (TSX-V: GLW) ("Galway Gold" or the "Company") announces that it has terminated the option agreement on the Coloro property in Vetas, Colombia. The Company conducted extensive surface sampling and geophysical programs and drilled 1,232 meters with no significant results identified. For example, the best intersections in the two Coloro holes, GLW-V069 and GLW-072, included 1.5 [...]
TORONTO, June 4, 2013 /CNW/ - Galway Gold Inc. (TSX-V: GLW) ("Galway Gold" or the "Company") is pleased to announce that it has awarded 7 million incentive stock options exercisable at C$0.20 per common share and expiring on June 4, 2023, to officers, directors, employees and consultants of the Company. This is the first grant of options and is in compliance with terms of the Company's Stock Option Plan and remains [...]
Galway Gold is pleased to announce that it has awarded 7 million incentive stock options exercisable at C$0.20 per common share and expiring on June 4, 2023, to officers, directors, employees and consultants of the Company. This is the first grant of options and is in compliance with terms of the Company's Stock Option Plan and remains subject to acceptance by the TSX Venture Exchange. Galway Gold is well capitalized with [...]
Galway Gold is pleased to announce assay results from 8 underground diamond drill holes at its Vetas gold-silver project, host of the El Volcan mine. El Volcan, which has been in operation for over 400 years, and is still operating today, is the largest mine in the Vetas-California-Surata region of Colombia. Galway Gold's Vetas project was spun out to existing shareholders of Galway Resources after it was acquired by AUX [...]
Galway Gold is pleased to announce that boundaries of the Parque Natural Regional Paramo de Santurbán, which have been established by the Corporación Autónoma Regional para la Defensa de la Meseta de Bucaramanga, do not impact Galway Gold's Reina de Oro concession where all drill results from the 68 holes released to date have occurred. Moreover, Galway Gold is pleased that the Park does not adversely affect the Company's [...]
Galway Gold is pleased to announce that effective January 21, 2013, Galway Gold's common shares will become listed and commence trading on the TSX-V under the symbol "GLW". As previously disclosed on December 20, 2012, Galway Gold received conditional approval to list its common shares on the TSX-V in connection with a plan of arrangement among formerly listed Galway Resources Ltd. ("Galway Resources"), AUX Acquisition 2 [...]