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Galway Metals Intersects 10.6 g/t Au Over 47.0m (25.6mTW) South of the Richard Zone; 4.5 g/t Au over 10.8m (5.6mTW) Narrows Gap Between Richard and Jubilee at Clarence Stream
TORONTO, ONTARIO / ACCESSWIRE / February 25, 2020 / Galway Metals Inc. (TSX-V:GWM) (the "Com...
About this update from Galway Metals, Inc.
[{"type":"text","content":"Galway Metals Intersects 10.6 g/t Au Over 47.0m (25.6mTW) South of the Richard Zone; 4.5 g/t Au over 10.8m (5.6mTW) Narrows Gap Between Richard and Jubilee at Clarence StreamTORONTO, ONTARIO / ACCESSWIRE / February 25, 2020 / Galway Metals Inc. (TSX-V:GWM) (the \"Company\" or \"Galway\") is pleased to report assay results from drilling south of the Richard Zone in that area, and between the Richard and Jubilee Zones at the Company's Clarence Stream project in southwest New Brunswick, Canada (Figure 1 and Figure 2). The latest results are highlighted by the following 3 drill holes:Hole 87 intersected 10.6 g/t Au over 47.0m, plus 1.2 g/t Au over 32.0m. The two intervals in hole 87 line up well, and between previously-released step-out holes 72 and 78, located 22 metres northeast and 116 metres southwest, respectively. Hole 72 contained 20.7 g/t Au over 9.5m, plus 4.6 g/t Au over 29.65m, while hole 78 hosted 20.9 g/t Au over 4.75m, plus 2.7 g/t Au over 14.1m (Figure 2, Figure 3, Figure 4, and Figure 5).Hole 93 extends the Richard Zone 97m to the southwest with an intersection that ran 4.5 g/t Au over 10.8m. This intersect is open immediately above the first sample, which ran 33.2 g/t Au over 1.05m, as only partial assays have been received. With this intersect, the gap between the Richard and Jubilee Zones has narrowed to 350m from 1-km originally. Galway continues to receive evidence from drill results that the GMZ, Richard and Jubilee Zones are part of the same 2.5 km-long mineralized system. Refer to the February 13, 2020 press release that noted an extension of the GMZ 230m toward Richard.Hole 81 intersected 0.8 g/t Au over 23.0m and is located 122m below and west of previous-released hole 68, which returned 3.0 g/t Au over 12.0m. Hole 68 extended the Jubilee Zone 227m northeast toward the Richard Zone.Robert Hinchcliffe, President and CEO of Galway Metals, said, \"The wide and high-grade intersection in hole 87 is among the best in the company's history. Its location between two other wide and high grade intersects bodes very well for the Clarence Stream resource update scheduled for the 3rd quarter of 2020, both from the perspective of any pit-constrained or underground resource. Hole 93 is significant because it continues the process of closing the gap between the Richard and Jubilee Zones, just as the previous press release...