Galway Metals Inc. is pleased to report that hole CL20-65 contains abundant Visible Gold in a new massive quartz vein that is 14.4 metres in core length, located 320 metres NE of a previously-reported new vein intersection of 11.4 g/t Au over 2.0m, including 43.5 g/t Au over 0.5m in hole CL20-58. The intersection in hole 58 had been discovered 75 [...]
Galway Metals Inc. is pleased to announce that it has entered into an agreement dated July 27, 2020 with an arm's length third party royalty holder to buy back a one percent net smelter returns royalty covering certain mineral claims at the Company's Clarence Stream property in southwest New Brunswick . This is a separate royalty and is in addition [...]
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 VG at [...]
Galway Metals is pleased to announce that it has closed the previously announced "best efforts" offering for aggregate gross proceeds of $17.35 million, consisting of 17,877,300 common shares of the Company that qualify as "flow-through shares" of the Income Tax Act at a price of $0.635 per FT Share, and 13,636,400 common shares of the Company at a [...]
Galway Metals Inc. is pleased to report assay results from wildcat exploration drilling located 950m SW and along strike of the western-most intersection of the Jubilee Zone at the Company's Clarence Stream project in southwest New Brunswick, Canada. That intersection had returned 1.9 grams per tonne Au over 43.3 metres , including 21.2 g/t Au over [...]
Galway Metals Inc. , is pleased to report that in connection with its previously announced best efforts private placement offering, the Company and a syndicate of underwriters led by Paradigm Capital Inc. , and including Laurentian Bank Securities Inc. , have agreed to increase the size of the offering to total gross proceeds of $17.35 million. The [...]
Galway Metals Inc. , is pleased to announce that it has entered into an agreement with Paradigm Capital Inc. on behalf of a syndicate of agents, including Laurentian Bank Securities Inc. , in connection with a proposed best efforts private placement financing for total proceeds of up to $12.25 million, consisting of up to 11,417,400 common shares [...]
Galway Metals Inc. is pleased to report assay results from drilling on the western-most section of the Richard Zone at the Company's Clarence Stream project in southwest New Brunswick, Canada . These are located 76m and 34m above the previously reported intersection of 2.4 g/t Au over 30.0m, and 178m west and along the same vein as the previously [...]
Galway Metals Inc. is pleased to announce that it has awarded 1.3 million incentive stock options exercisable at C$0.415 per common share and expiring on May 21, 2030, 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 [...]
Galway Metals Inc. is pleased to report assay results from resource drilling at the Richard Zone, and additional assay results from previous step-out holes 78 and 93, located between the Richard and Jubilee Zones, at the Company's Clarence Stream project in southwest New Brunswick, Canada . Highlights are as follows: Hole 84: intersected 4.6 g/t Au [...]
Galway Metals Inc. is pleased to report significant new drill results from 2 holes at its George Murphy Zone at the Clarence Stream Gold Project in SW New Brunswick. An additional ~5,000m of drilling in the GMZ and Richard Zones have assays pending. 6.5 g/t Au over 14.05m, 9.7 g/t Au over 2.0m, 1.2 g/t Au over 11.0m, 4.9 g/t Au over 2.35m, and 1.3 [...]
Galway Metals Inc. is pleased to provide a corporate update. Galway considers the health and safety of its personnel, customers, suppliers, and the communities in which it operates to be a top priority. Galway's management team is closely monitoring the public health crisis associated with the COVID-19 pandemic and has implemented precautionary [...]