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Galway Metals Intersects 6.5 g/t Au over 14.05 metres, Extending the GMZ at Clarence Stream

TORONTO, ON / ACCESSWIRE / April 29, 2020 / Galway Metals Inc. (TSXV:GWM)(OTC PINK:GAYMF) (t...

articleGalway Metals, Inc.April 29, 20203/company/galway-metals-inc/news/galway-metals-intersects-65-gt-au-over-1405-metres-extending-the-gmz-at-clarence-stream
Galway Metals Intersects 6.5 g/t Au over 14.05 metres, Extending the GMZ at Clarence Stream

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[{"type":"text","content":"Galway Metals Intersects 6.5 g/t Au over 14.05 metres, Extending the GMZ at Clarence StreamTORONTO, ON / ACCESSWIRE / April 29, 2020 / Galway Metals Inc. (TSXV:GWM)(OTC PINK:GAYMF) (the \"Company\" or \"Galway\") is pleased to report significant new drill results from 2 holes at its George Murphy Zone (GMZ) at the Clarence Stream Gold Project in SW New Brunswick. An additional ~5,000m of drilling in the GMZ and Richard Zones have assays pending.6.5 g/t Au over 14.05m, 9.7 g/t Au over 2.0m, 1.2 g/t Au over 11.0m, 4.9 g/t Au over 2.35m, and 1.3 g/t Au over 3.95m in hole 88 at the GMZ - extending the zone by 230m to the west (Figure 1, Figure 2, Figure 3, Figure 4)The intersection of 6.5 g/t Au over 14.05m is a 192m stepout below and to the west (137m vertically) from the deepest previous intersection in the vein11.4 g/t Au over 2.0m, and 1.1 g/t Au over 3.8m in hole 58 at the GMZ - represents new discoveries of 2 new veins at the GMZ, located 75 metres and 150 metres north of the northern-most structure of the GMZ (Figure 2)\"Galway is rapidly expanding the George Murphy Zone in both vertical and horizontal dimensions. The new discovery to the north contains strong quartz veining, which typically carries the gold. The new drilling to the west has shrunk what was an 800m gap between the Richard and GMZ which Galway believes are part of the same system. The 6.5 g/t over 14m is the deepest intersection to date at 335m in any of the 3 zones along this trend - the Jubilee, Richard and George Murphy Zones, which cover 2.5 km of strike length. These 3 zones are not included in the existing Clarence Stream resource, as two of them, the GMZ and Richard, were discovered by Galway after the last resource estimate was released in September 2017. These results, and those that precede them, demonstrate that Clarence Stream is an emerging new gold district in North America,\" cites Robert Hinchcliffe, President and CEO of Galway Metals.Assay HighlightsCL20-88: 6.5 grams per tonne (g/t) Au over 14.05 metres (m), including 66.7 g/t Au over 0.9m, and 18.8 g/t Au over 0.5m, plus 9.7 g/t Au over 2.0m, including 24.0 g/t Au over 0.5m, plus 1.2 g/t Au over 11.0m, including 5.6 g/t Au over 0.5m, 4.1 g/t Au over 0.5m, 2.7 g/t Au over 0.5m and 2.6 g/t Au over 0.5m, plus 4.9 g/t Au over 2.35m, including 15.8 g/t Au over 0.65m, plus 1.3 g/t Au over 3.95m, i...

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