Galway Metals Inc. , is pleased to announce that it has entered into an agreement with Paradigm Capital Inc. on behalf of a syndicate of underwriters , in connection with a bought deal private placement financing for total proceeds of $12 million, consisting of 4,138,000 common shares of the Company that qualify as "flow-through shares" of the Income Tax Act ) at a price of $1.45 per National FT Share, 1,087,000 common [...]
Galway Metals Inc. is pleased to report new drill results from holes in the western and northern extensions of the George Murphy Zone at the Clarence Stream Gold Project in SW New Brunswick . Results to the west follow-up on previously-released drill hole 88 that extended the zone 230m to the west and that returned three areas of visible gold with intersections of 6.5 g/t Au over 14.05 m, 9.7 g/t Au over 2.0m, and 1.2 g/t [...]
Galway Metals Inc. is pleased to announce that it has begun its 2021 drill program at its Estrades property in the Northern Abitibi of western Quebec . Three drills have begun a 10,000m programme targeting the 3 primary horizons of mineralization, including: The former producing, high grade Estrades volcanogenic massive sulphide mine on Galway's claims, which hosts the existing resource - see below ; The Newiska VMS [...]
Galway Metals Inc. is pleased to report full and partial assay results from 8 new holes plus results from 2 holes that had some assays pending in the 650 metre gap between the Richard and George Murphy Zones at the Company's Clarence Stream project in southwest New Brunswick. The latest results are highlighted by likely extensions to the east of previously identified veins and new veins to the north, which are denoted as [...]
Galway Metals Inc. is pleased to report assay results from a new discovery from wildcat exploration drilling at the Company's Clarence Stream project in southwest New Brunswick, Canada. This hole, the first in the area, is located 900m NW and likely along a different trend than the discovery hole in the previously-reported New Discovery of 13.4 grams per tonne Au over 12.95 metres . The new discovery intersected 4.8 g/t [...]
Galway Metals Inc. is pleased to announce that Robert Hinchcliffe, President, Chief Executive Officer and Director of the Company has acquired, through a series of transactions conducted through the facilities of the TSX Venture Exchange, a total of 750,000 common shares of the Company in 2020. As a result, Mr. Hinchcliffe now owns a total of 14,310,519 common shares of Galway, representing approximately 8.5% of the [...]
Galway Metals Inc. is pleased to report the first seven follow-up holes from the previously-reported New Discovery of 13.4 g/t Au over 12.95m in hole CL20-65, located ~270 metres NE of the George Murphy Zone at the Clarence Stream Gold Project in SW New Brunswick . These seven follow-up holes, of which Galway has received only partial assays from three, have numerous intersections, such as 33.7 g/t Au over 4.7m and 1.5 [...]
Galway Metals Inc. is pleased to report assay results that were pending from drilling on the east and west sides of the Richard Zone at the Company's Clarence Stream project in southwest New Brunswick, Canada . The latest results are highlighted by: Hole 128 intersected 5.3 grams per tonne Au over 25.5 metres , including 54.6 g/t Au over 0.5m, 20.9 g/t Au over 2.5m, and 16.4 g/t Au over 1.5m, , starting at a vertical [...]
TORONTO, ON / ACCESSWIRE / November 16, 2020 - Galway Metals Inc. is pleased to announce that it has awarded 2,250,000 million incentive stock options exercisable at C$1.28 per common share and expiring on November 16, 2030, to officers and directors 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. About the [...]
Galway Metals Inc. is pleased to report assay results from drilling on the west and east sides of the Richard Zone at the Company's Clarence Stream project in southwest New Brunswick, Canada . The latest results are highlighted by: Hole 118 intersected 9.7 grams per tonne Au over 15.0 metres , including 267.0 g/t Au over 0.5m with Visible Gold , starting at a vertical depth of 177m below surface. The VG is 184m west of an [...]
Galway Metals Inc. is pleased to report new drill results from the western extension of the George Murphy Zone at the Clarence Stream Gold Project in SW New Brunswick. These results follow-up on previously-released drill hole 88 that extended the zone 230m to the west and that returned three areas of visible gold with intersections of 6.5 g/t Au over 14.05 m, 9.7 g/t Au over 2.0m and 1.2 g/t Au over 11.0m . The current [...]
Galway Metals Inc. is pleased to report assay results from drilling on the west side of the Richard Zone at the Company's Clarence Stream project in southwest New Brunswick, Canada . The latest results are highlighted by: Hole 106 intersected 54.7 grams per tonne Au over 2.5 metres , including 191.0 g/t Au over 0.5m Visible Gold , plus 0.9 g/t Au over 54.2m , plus 10.0 g/t Au over 4.5m, starting at vertical depths of 86m [...]
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