Business

Galway Metals More Than Doubles Richard Zone Strike Length to >900m with 17.0 g/t Au over 5.5m and 9.7 g/t Au over 15.0m

TORONTO, ON / ACCESSWIRE / October 26, 2020 / Galway Metals Inc. (TSXV:GWM) (the "Company" o...

articleGalway Metals, Inc.October 26, 20204/company/galway-metals-inc/news/galway-metals-more-than-doubles-richard-zone-strike-length-to-greater900m-with-170-gt-au-over-55m-and-97-gt-au-over-150m
Galway Metals More Than Doubles Richard Zone Strike Length to >900m with 17.0 g/t Au over 5.5m and 9.7 g/t Au over 15.0m

About this update from Galway Metals, Inc.

[{"type":"text","content":"\nGalway Metals More Than Doubles Richard Zone Strike Length to >900m with 17.0 g/t Au over 5.5m and 9.7 g/t Au over 15.0mTORONTO, ON / ACCESSWIRE / October 26, 2020 / Galway Metals Inc. (TSXV:GWM) (the \"Company\" or \"Galway\") is pleased to report assay results from drilling on the west and east sides of the Richard Zone at the Company's Clarence Stream project in southwest New Brunswick, Canada (Figure 1 and Figure 2). The latest results are highlighted by:Hole 118 intersected 9.7 grams per tonne (g/t) Au over 15.0 metres (m), including 267.0 g/t Au over 0.5m with Visible Gold (VG), starting at a vertical depth of 177m below surface. The VG is 184m west of an intersection of 6.2 g/t Au over 38.5m (including 373.0 g/t Au over 0.5m) in hole 101, and 253m west of 44.1 g/t Au over 9.5m (within 10.6 g/t Au over 47.0m, and including 495.0 g/t over 0.5m) in hole 87. The intersect in hole 118 is also 90m west of the previous western limit of the Richard Zone, which returned 4.1 g/t Au over 16.0m in hole 109 (Figure 3)Hole 127 intersected VG in 13m of quartz on another step-out section a further 168m west of hole 118 (VG Hole 127) - assays pending. This VG is along the same section as previously-drilled hole 68, which returned 3.0 g/t Au over 12.0m. This intersect was previously considered to be the eastern-most extent of the Jubilee Zone. Galway has now closed the previous 1km gap between the Richard and Jubilee Zones, but will undertake in-fill drilling in this area and toward JubileeHole 125 intersected 17.0 g/t Au over 5.5m, including 163.0 g/t Au over 0.5m with VG, starting at a vertical depth of 124m below surface. It is the first of 5 new holes located in the 660m gap between the Richard Zone and the GMZ, and is located 262m east of the previous eastern Richard limit defined by the discovery hole intersection that returned 7.3 g/t Au over 36.7m. Assays are pending on the other 4 holes. This gap area between the GMZ and Richard Zones has now been reduced to 400m (Figure 4).Hole 128 intersected VG in 19m of quartz, 92m below hole 125 (VG Hole 128) - assays pendingThe intersections in holes 127 and 68 on the west side, and 125 and 128 on the east side, extend mineralization along the Richard Zone to 926m, more than double the previous 400m, down from 1.0km originally (Figure 2 and Figure 4)These results further confirm that the J...

More updates from Galway Metals, Inc.