Galway Metals Inc. is pleased to report first assays from the brand-new gold discovery at its Clarence Stream Gold Project in SW New Brunswick. Significantly, the new gold zone is in an area where there has been no previous drilling, centered between the George Murphy and Jubilee Zones, approximately 1km from each. This new discovery highlights the importance of Clarence Stream as one of Canada's most exciting new gold [...]
Galway Metals Inc. is pleased to report that drilling at its Clarence Stream Gold Project in SW New Brunswick has been successful in discovering a new gold zone centered between and along strike the George Murphy and Jubilee zones . The discovery hole, BL18-12, intersected weathered, altered sediments with disseminated pyrite and arsenopyrite and multiple quartz veins containing visible gold over 7 metres starting 51 [...]
Galway Metals Inc. is pleased to announce that, further to its news release dated November 30, 2018, it has completed a non-brokered private placement . As a result of increased demand, the Company increased the size of the offering from up to $3,000,000 to $3,367,090. The Offering consisted of the sale of: 2,826,086 Québec flow-through shares at a price of $0.23 per QC FT Share; 5,600,000 federal flow-through [...]
Galway Metals Inc. is pleased to announce a proposed non-brokered private placement financing for gross proceeds of up to $3,000,000 comprised of Quebec flow-through shares , flow-through shares , and hard-dollar common shares , subject to regulatory approval and closing. Each QC FT Share will be sold for $0.23, each FT Share will be sold for $0.20, and each HD Share will be sold for $0.17. The securities issued pursuant [...]
Galway Metals Inc. is pleased to report drill results at the Newiska horizon on the Company's 20,915 hectare, 100%-owned, former producing Estrades Project in the northern Abitibi of western Quebec, Canada. The Newiska prospect is located 8,000m southeast of the former producing Estrades polymetallic deposit . 8,200m to the west and 2.2 km south of the Estrades deposit, another strong TITAN geophysical conductor that has [...]
Galway Metals Inc. is pleased to announce that Debbie G. Laney, P.Eng, has agreed to act as a technical advisor to the Company, assisting in guiding the advancement of Galway's high grade Estrades zinc-gold and Clarence Stream gold properties to optimize their full potential. "We are pleased to have added such an accomplished Metallurgical Engineer to our team and would like to take this opportunity to welcome Debbie [...]
Galway Metals Inc. is pleased to report an updated Mineral Resource estimate prepared by RPA Inc. on the Estrades property located in the northern Abitibi of Western Quebec, Canada. Galway is pleased to report that the resource at Estrades has grown substantially and now contains 543,051 gold equivalent ounces of Indicated Mineral Resources grading 11.3g/t AuEq, plus 520,430 AuEq oz of Inferred Mineral Resources grading [...]
Galway Metals Inc. is pleased to report assay results from 5 additional drill holes and 2 partial holes, in the recently discovered George Murphy Zone at Clarence Stream in SW New Brunswick . A new intersect from hole GWM-18CL-29, which returned 1.9 g/t gold over 22.0 metres, extended the strike length of the GMZ by 110 metres to 500 metres. The drill program is designed to expand the mineralized envelope in order to [...]
TORONTO, ON / ACCESSWIRE / July 26, 2018 / Galway Metals Inc. is pleased to report assay results from 10 additional drill holes plus two extensions at its former producing, 100%-owned, 20,915 hectare, Estrades polymetallic property located in the northern Abitibi of western Quebec, Canada. This brings Galway's total drill results reported to date at Estrades to 20,707 metres in 34 holes plus three wedges ; a total of [...]
TORONTO, June 28, 2018 -- Galway Metals Inc. is pleased to report results from new Titan geophysical surveys recently completed by Galway along the Newiska horizon on the Company’s 20,915 hectare, 100%-owned, Estrades Project in the northern Abitibi of western Quebec, Canada. Highlights include a sizable new geophysical target at the Newiska prospect, 8,000m southeast of the former producing Estrades polymetallic [...]
TORONTO, June 13, 2018 -- Galway Metals Inc. is pleased to announce that it has awarded 500,000 incentive stock options exercisable at C$0.23 per common share and expiring on June 13, 2028, to officers, directors, employees and consultants of the Company. This grant of options is in compliance with terms of the Company’s Stock Option Plan and remains subject to acceptance by the TSX Venture Exchange. For further [...]
June 08, 2018 -- Galway Metals Inc. is pleased to announce that, further to its news release dated May 14, 2018, it has completed a non-brokered private placement financing consisting of the sale of 11,263,891 Hard Dollar Units at a price of $0.23 per HD Unit and 2,624,998 Flow Through Shares at a price of $0.28 per FT Unit for total gross proceeds of $3,325,694. Each HD Unit consists of one common share in the capital [...]