Galway Metals Adds 3rd Drill Rig: Intersects 1.9 g/t Au Over 43.3m at West End of Jubilee Richard Zone Returns 3.5 g/t Au Over 5.3m, 2.1 g/t Au Over 12.8m, and 1.5 g/t Au Over 16.0m 2019 drill program increased from 12,000m to 17,000m Galway Metals Inc. is pleased to report final assay results from drill hole BL19-21 at the Jubilee Zone , and first drill hole results from the recent Richard Zone discovery since the [...]
2019 Drill Program Increased from 12,000m to 17,000m Galway Metals Inc. is pleased to report final assay results from drill hole BL19-21 at the Jubilee Zone , and first drill hole results from the recent Richard Zone discovery since the resumption of drilling there. The newly discovered Richard Zone was first reported in January, 2019 and lies between the Jubilee Zone and the Company’s first discovery, the George [...]
Galway Metals Inc. is pleased to announce that it has completed a non-brokered private placement financing consisting of the sale of 4,060,000 Flow Through Shares at a price of $0.37 per FT Unit for total gross proceeds of $1,502,200. Each FT Share consists of one Common Share issued on a flow-through basis within the meaning of the Income Tax Act . The securities issued pursuant to the Offering will be subject to a hold [...]
Galway Metals Inc. is pleased to announce that, further to its news releases dated April 11, 2019, May 9, 2019, and May 29, 2019, it has completed the second and final tranche of a non-brokered private placement . The Offering is comprised of the sale of flow-through shares at a price of $0.37 per FT Share and hard-dollar common shares at a price of $0.30 per HD Share. The First Tranche of the Offering consisted of the [...]
Galway Metals Inc. announces that it is extending the closing date for the second and final tranche of its non-brokered private placement offering previously announced on April 11, 2019 and May 8, 2019. The new closing date of the Second Tranche, subject to approval by the TSX Venture, will be on or around June 14, 2019. The Offering is comprised of the sale of flow-through shares at a price of $0.37 per FT Share and [...]
Galway Metals Inc. is pleased to announce that, in connection with its previously announced non-brokered private placement , the Company has completed the first tranche of the Offering and is increasing the size of the Offering to up to $3,150,000. The Offering is comprised of the sale of flow-through shares at a price of $0.37 per FT Share and hard-dollar common shares at a price of $0.30 per HD Share. It is anticipated [...]
Galway Metals Inc. is pleased to report Clarence Stream assay results from two diamond drill holes and partial assay results from four others at the Jubilee Zone, assays that were pending from two holes and full assays from a third at the recently-discovered Richard Zone, plus assays that were pending from two holes at the George Murphy Zone. Robert Hinchcliffe, President and CEO of Galway Metals, said, ''All 5 zones at [...]
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 flow-through common shares and hard-dollar common shares , subject to regulatory approval and closing. Each FT Share will be sold for $0.37. Each HD Share will be sold for $0.30. The securities issued pursuant to the Offering will be subject to a hold period of four months and [...]
Galway Metals Inc. reports that, as a result of a review by the Ontario Securities Commission, this press release is being issued to clarify disclosure in the Company's January 23, 2019 press release regarding the Clarence Stream NI 43-101 resource estimate, and to note that the Estrades NI 43-101 technical report has been amended to more clearly note metallurgical recoveries and cost assumptions to arrive at the [...]
Galway Metals Inc. is pleased to report that drilling at its George Murphy Zone at the Clarence Stream Gold Project in SW New Brunswick has intersected 13.0 grams per tonne Au Over 8.7 Metres , including 201.0 g/t Au Over 0.5m. This hole, CL18-36, contained significant visible gold and was located 40 metres above previous hole CL18-26 that returned 241.5 g/t Au over 4.2m, including 807.0 g/t Au over 1.25m. Drilling has [...]
Galway Metals Inc. is pleased to report first assays from the second hole into the previously-reported new gold discovery at its Clarence Stream Gold Project in SW New Brunswick . 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 [...]
This press release replaces the press release disseminated February 13, 2019 at 6:30 am ET. The press release contained incorrect information in the "Highlights" section. The corrected press release is below: 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 [...]