Galway Metals Intersects 7.3 g/t Au Over 36.7 Metres, including 38.1 g/t Au over 6.5 m, at its New Gold Discovery at Clarence Stream

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[{"type":"text","content":"Galway Metals Intersects 7.3 g/t Au Over 36.7 Metres, including 38.1 g/t Au over 6.5 m, at its New Gold Discovery at Clarence StreamTORONTO, ON / ACCESSWIRE / February 13, 2019 / Galway Metals Inc. (TSX-V: GWM) (OTC PINK: GAYMF) (the \"Company\" or \"Galway\") is pleased to report first assays from the brand-new gold discovery at its Clarence Stream Gold Project in SW New Brunswick. Significantly, the new gold zone is in an area where there has been no previous drilling, centered between the George Murphy and Jubilee Zones, approximately 1km from each. This new discovery highlights the importance of Clarence Stream as one of Canada's most exciting new gold camps. The discovery hole, BL18-12, returned 7.3 g/t Au over 36.7 metres, including 38.1 g/t Au over 6.5 meters in multiple quartz veins containing abundant visible gold, starting only 51 metres downhole and 36 metres vertical (Figure 1).Drilling in hole BL19-15 also has intersected visible gold (VG) twice, approximately 50 metres NW of and 97 metres vertically below the VG seen in BL18-12 (Figure 2). Assays are pending. The new discovery, in holes BL18-12 and BL19-15, represents the 2nd deposit that Galway has found since the Company began drilling Clarence Stream in October 2016 (the George Murphy Zone (GMZ) being the other), and the fifth deposit identified in the Clarence Stream district to date. Currently, only two of these five deposits, the North and South Zones, are in the existing resource (September 26, 2017), which is scheduled to be updated in 2019.\"These results exceed even our most optimistic expectations and we stand by our belief that Clarence Stream represents a new district scale opportunity. Last year, the focus was on expanding the mineralization of the newly discovered George Murphy Zone. A few weeks after moving the drill rig, we are on to another new discovery. Not only are we excited by the large, high-grade intercept found close to surface, we are also encouraged by the consistency of the higher-grade interval within that larger intercept. This bodes very well for future exploration of the whole Clarence Stream camp in which Galway controls 65km of the main NE-SW trend. In addition, if the new discovery trends NW-SE, as we believe, that dramatically opens up the possibilities for new deposits along those trends as well as along the main NE-SW trend pa...

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