Business

Clarence Stream Drilling Intersects 7.1 g/t gold over 10.0m Including 13.2 g/t over 5.0m at Southwest Deposit

TORONTO, ON / ACCESS Newswire / January 28, 2026 / Galway Metals Inc. (TSXV:GWM)(OTCQB:GAYMF) ...

articleGalway Metals, Inc.January 28, 20264/company/galway-metals-inc/news/clarence-stream-drilling-intersects-71-gt-gold-over-100m-including-132-gt-over-50m-at-southwest-deposit
Clarence Stream Drilling Intersects 7.1 g/t gold over 10.0m Including 13.2 g/t over 5.0m at Southwest Deposit

About this update from Galway Metals, Inc.

[{"type":"text","content":"Clarence Stream Drilling Intersects 7.1 g/t gold over 10.0m Including 13.2 g/t over 5.0m at Southwest DepositTORONTO, ON / ACCESS Newswire / January 28, 2026 / Galway Metals Inc. (TSXV:GWM)(OTCQB:GAYMF) (the \"Company\" or \"Galway\") is pleased to report drill results for 7 diamond drill holes at the Southwest Deposit in the Company's 100%-owned flagship Clarence Stream high-grade gold project in New Brunswick, Canada. The Clarence Stream Gold Project hosts district-scale potential, with an approximately 65-kilometre strike length of highly prospective gold showings and anomalies; and a 2022 MRE of 12.4 Mt @ 2.3 g/t Au Indicated for 922,000 oz., and 16.0 Mt @ 2.6 g/t Au Inferred for 1.334 M oz. gold from the NI 43-101 technical report titled \"Technical Report on the Clarence Stream Mineral Resource Project, New Brunswick, Canada\" dated March 31, 2022, by SLR Consulting Ltd.\"High grade and fairly wide gold intercepts like these, excite the Management team at Galway Metals, as we continue to build our flagship open pit resource,\" said Rob Hinchcliffe, President and CEO of Galway. \"That continuity is important as we step beyond the edges of our current resource and assess how much additional mineralization can be captured with further drilling. With gold prices hitting record highs, the opportunity to grow high-quality ounces in a shallow setting has never been more compelling. Our drilling is designed not just to confirm continuity, but to build confidence in new resource potential, and these results reinforce the rationale for advancing Clarence Stream on multiple fronts.\"Highlights (Plan Map)CL-234 intersected 7.1 g/t gold over 10.0m including 13.2g/t gold over 5.0m (Section 1)CL-237 intersected 2.7 g/t gold over 12.0m including 11.4 g/t gold over 2.0m; 2.4 g/t over 11.0m including 10.4 g/t over 1.0m; and 2.3 g/t over 5.0m (Section 2)CL-232 intersected 7.9 g/t gold over 3.0m including 22.0 g/t gold over 1.0m (Section 3)This hole had a previously released intersect of 1.1 g/t gold over 88.0mCL-233 intersected 1.5 g/t gold over 9.0m; and 1.0 g/t gold over 9.0mDrilling Links High-Grade Gold Zones from Depth to SurfaceThe seven drill holes reported in this release located in the northeastern area of the Southwest Deposit (George Murphy Zone). The primary objective of the program was to connect deeper gold mineralization from ...

More updates from Galway Metals, Inc.