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Galway Metals Reports High-Grade Gold Intercepts at Southwest Deposit Including 20.7 g/t Gold over 11.0 Meters
TORONTO, ON / ACCESS Newswire / May 13, 2026 / Galway Metals Inc. (TSXV:GWM) (OTCQB:GAYMF) (the "Company" or "Galway") is pleased to report assay results from
About this update from Galway Metals, Inc.
[{"type":"text","content":" TORONTO, ON / ACCESS Newswire / May 13, 2026 / Galway Metals Inc. (TSXV:GWM) (OTCQB:GAYMF) (the \"Company\" or \"Galway\") is pleased to report assay results from Seven diamond drill holes at the Southwest Deposit within its 100%-owned Clarence Stream high-grade gold project in New Brunswick, Canada. The Clarence Stream Gold Project hosts district-scale potential along an approximately 65-kilometre trend of highly prospective gold showings and anomalies. The Project currently hosts a 2022 Mineral Resource Estimate of 12.4 Mt grading 2.3 g/t Au in the Indicated category (922,000 oz Au) and 16.0 Mt grading 2.6 g/t Au in the Inferred category (1.334 million oz Au), as outlined in the NI 43-101 technical report titled \"Technical Report on the Clarence Stream Mineral Resource Project, New Brunswick, Canada\" dated March 31, 2022, prepared by SLR Consulting Ltd. \"These results continue to demonstrate the strong continuity of high-grade gold mineralization in the northeastern portion of the Southwest Deposit,\" said Rob Hinchcliffe, President and CEO of Galway Metals. \"The robust intercepts returned in this drilling, particularly in hole CL-249, continue to strengthen our understanding of this area of the deposit and provide important information on the structural controls influencing higher-grade mineralization. As we advance the updated Mineral Resource Estimate, this work is helping refine both our geological model and future drill targeting.\" Highlights (Plan Map) CL-249 Intersected 20.7 g/t Au over 11.0m (Section 1), including: 49.2 g/t Au over 4.0m CL-252 Intersected 6.0 g/t Au over 8.0m, including: 18.3 g/t Au over 2.0m CL-251 Intersected 7.6 g/t Au over 3.0m, including: 21.0 g/t Au over 1.0m Drilling Strengthens Continuity in Northeastern Southwest Deposit The seven drill holes reported in this release targeted the northeastern portion of the Southwest Deposit, specifically within the GMZ and Adrian Zones. Drilling was designed to improve continuity of high-grade mineralization in an important area of the deposit while advancing Galway's understanding of the controls influencing gold mineralization in the GMZ and Adrian Zones. Drill holes CL-249, CL-250, and CL-251, completed on approximately 25-meter centers, successfully intersected high-grade gold mineralization and identified a secondary mineralized zone at slightly gr...