Galway Metals Intersects 186.5 g/t Au Over 0.6m in New Discovery, 950m West of the Jubilee Zone; Increasing Drills from 3 to 5

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[{"type":"text","content":"Galway Metals Intersects 186.5 g/t Au Over 0.6m in New Discovery, 950m West of the Jubilee Zone; Increasing Drills from 3 to 5TORONTO, ONTARIO / ACCESSWIRE / June 24, 2020 / Galway Metals Inc. (TSXV:GWM)(OTC PINK:GAYMF) (the \"Company\" or \"Galway\") 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 (g/t) Au over 43.3 metres (m) (35.7m true width (TW), including 21.2 g/t Au over 2.35m), starting at a vertical depth of 36m below surface (September 5, 2019). The new discovery returned 186.5 g/t Au over 0.6m from a 35 cm quartz vein that contains very fine sulphides, including arsenopyrite. Another similar vein located 13m further downhole returned 2.2 g/t Au over 0.7m. The closest drill holes are located 270m to the SW and 560m to the NE. The one to the NE intersected 4.4 g/t Au over 1.0m and also contained 4050 ppm Bismuth and 344 ppm Tungsten (September 5, 2019). These results appear to be along the Jubilee-Richard-George Murphy Zone trend that Galway believes are part of the same 2.5 km-long mineralized system (Figure 1). These Zones have returned such intersects as 10.6 g/t Au over 47.0m, 1.4 g/t Au over 85.0m, and 6.2 g/t Au over 38.5m, among many others (refer to previous Galway Metals' press releases). None of these 3 deposits are in the current resource.New Discovery May Be Along the NE-SW Trend, the NW-SE Trend, or at the Intersection of BothThe new discovery appears to be located along the same NE-SW trend as the Jubilee-Richard-George Murphy Zones, which are located 950m to the NE. The new discovery is between those deposits and a strong 4km+ long soil anomaly that hosts 11 soils that returned between 100 and 681 ppb Au located 1,000m to the SW (Figure 2). This 4km+ soil anomaly, which is associated with a magnetic low (as are all deposits at Clarence Stream), has not yet been drilled. The new discovery (186.5 g/t Au over 0.6m) could also be trending along a strong, sub-perpendicular NW-SE (similar to the North Zone trend) soil and glacial till anomaly, or it could be at the intersection of both NE-SW and NW-SE trends. If the new discovery goes in a NW-SE direction, it would be along the sa...

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