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Galway Metals Drilling Intersects 9.0 g/t Gold Over 6.0m Beginning 15.0m from Surface at Southwest Deposit

TORONTO, ON / ACCESS Newswire / February 24, 2026 / Galway Metals Inc. (TSX-V:GWM)(OTCQB:GAYMF...

articleGalway Metals, Inc.February 24, 20263/company/galway-metals-inc/news/galway-metals-drilling-intersects-90-gt-gold-over-60m-beginning-150m-from-surface-at-southwest-deposit
Galway Metals Drilling Intersects 9.0 g/t Gold Over 6.0m Beginning 15.0m from Surface at Southwest Deposit

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[{"type":"text","content":"Galway Metals Drilling Intersects 9.0 g/t Gold Over 6.0m Beginning 15.0m from Surface at Southwest DepositTORONTO, ON / ACCESS Newswire / February 24, 2026 / Galway Metals Inc. (TSX-V: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.Rob Hinchcliffe, President and CEO of Galway stated, \"The Southwest Deposit continues to deliver robust high-grade intercepts at shallow depths, reinforcing our interpretation of strong vertical and lateral continuity. By connecting mineralization from depth into the near-surface pit shells, we are working to enhance the overall coherence of the deposit. These results will be incorporated into our ongoing Mineral Resource Estimate update, which we anticipate releasing around the end of Q2. We believe this phase of drilling has the potential to positively influence the near-surface component of the resource and further highlight the open-pit potential at Clarence Stream.\"Highlights (Plan Map)CL-242: 9.0 g/t Au over 6.0m, including 44.7 g/t Au over 1.0m; and 1.6 g/t Au over 15.0mCL-240: 52.3 g/t Au over 2.0m (including 104.0 g/t Au over 1.0m); 33.5 g/t Au over 2.0m (including 66.2 g/t Au over 1.0m); and 1.1 g/t Au over 20.0mCL-241: 2.8 g/t Au over 13.0m, including 8.0 g/t Au over 2.0mCL-243: 2.5 g/t Au over 6.0m, including 6.7 g/t Au over 1.0mCL-239: 1.4 g/t Au over 13.0m, including 5.8 g/t Au over 1.0mDrilling Strengthens Near-Surface Gold Within Existing Resource Pit ShellsThe seven drill holes reported herein are in the northeastern portion of the Southwest Deposit. Drilling was designed to fill gaps within existing resource pit shells and extend mineralization toward surface.On Section 1, drill hole CL-242 returned 9.0 g/t Au over 6.0m beginning just 15 ...

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