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Galway Metals Drills Oak Bay for the First Time - First Hole Returns 6.0 g/t Au over 3.3m with Follow-Up Holes Extending this New Zone 110 Metres at Clarence Stream

TORONTO, ON / ACCESSWIRE / October 27, 2021 / Galway Metals Inc. (TSXV:GWM)(OTCQB:GAYMF)(the...

articleGalway Metals, Inc.October 27, 20215/company/galway-metals-inc/news/galway-metals-drills-oak-bay-for-the-first-time-first-hole-returns-60-gt-au-over-33m-with-follow-up-holes-extending-this-new-zone-110-metres-at-clarence-stream
Galway Metals Drills Oak Bay for the First Time - First Hole Returns 6.0 g/t Au over 3.3m with Follow-Up Holes Extending this New Zone 110 Metres at Clarence Stream

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[{"type":"text","content":"Galway Metals Drills Oak Bay for the First Time – First Hole Returns 6.0 g/t Au over 3.3m with Follow-Up Holes Extending this New Zone 110 Metres at Clarence StreamTORONTO, ON / ACCESSWIRE / October 27, 2021 / Galway Metals Inc. (TSXV:GWM)(OTCQB:GAYMF)(the \"Company\" or \"Galway\") is pleased to report that it has begun drilling on the Oak Bay property that was optioned in July, 2020 (Figure 1). Mineralization at Oak Bay and neighbouring Lily Hill consists of arsenopyrite-rich quartz veining in altered, silicified gabbro dykes in contact with sediments, both of which are mineralized - a similar geological setting to the South Zone. The South Zone is located 19 km to the east of Oak Bay and currently hosts the majority of Clarence Stream's gold resource. The zone at Oak Bay has now been drill-delineated with strong consistent intersections over 110m of horizontal distance (strike length) (Figure 2). The zone is open in every direction. Most of the assays further down each hole are pending, as are holes 5-8 and 10-13.Highlights for Galway's initial drill program at Oak Bay include:Hole OB-01 intersected 6.0 g/t Au over 3.3m, including 9.3 g/t Au over 1.1m, starting at a vertical depth of 13.8mHole OB-02 intersected 2.2 g/t Au over 0.8m, starting at a vertical depth of 18.2mHole OB-03 intersected 2.3 g/t Au over 6.65m, including 6.7 g/t Au over 0.6m, starting at a vertical depth of 5.4mHole OB-04 intersected 1.6 g/t Au over 4.65m, starting at a vertical depth of 6.2mHole OB-09 intersected 3.5 g/t Au over 4.2m, including 8.6 g/t Au over 0.6m, starting at a vertical depth of 31.8mHole OB-14intersected 5.1 g/t Au over 1.15m, starting at vertical depths of 4.2mHole OB-15 intersected 4.0 g/t Au over 2.35m, starting at a vertical depth of 3.7m** OB05-07 intersected 5.2 g/t Au over 2.5m,including 11.8 g/t Au over 0.5m,starting at a vertical depth of 13.2m** OB05-03 intersected 1.9 g/t Au over 5.5m, including 8.1 g/t Au over 0.5m, starting at a vertical depth of 50.2m**Historic drill holes previously released by other operators\"We have been saying that Galway believes Clarence Stream is an important new gold district in North America - with every new discovery, this is becoming more self-evident. Now that drilling for the upcoming resource has been completed, Galway plans to accelerate its drilling of the many gold anomalies to fu...

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