Thick Gold Intercepts Continue at Clarence Stream: 2.1 g/t Au over 36.0m Including 3.0 g/t Au over 21.0m

About this update from Galway Metals, Inc.

[{"type":"text","content":"Thick Gold Intercepts Continue at Clarence Stream: 2.1 g/t Au over 36.0m Including 3.0 g/t Au over 21.0mTORONTO, ON / ACCESS Newswire / June 3, 2025 / Galway Metals Inc. (TSXV:GWM)(OTCQB:GAYMF) (the \"Company\" or \"Galway\") is pleased to report results from 8 diamond drill holes at the Southwest Deposit in the Company's 100%-owned flagship Clarence Stream high-grade gold project in New Brunswick, Canada. The Clarence Stream Gold Project has district-scale potential with approximately 65-kilometre strike length of highly prospective gold showings and anomalies. The 2022 MRE includes 12.4 Mt @ 2.3 g/t Au Indicated for 922,000 oz, and 16.0 Mt @ 2.6 g/t Au Inferred for 1.334 M oz. gold from the NI 43-101 technical report titled \"Technical Report on the Clarence Stream Mineral Resource Project, New Brunswick, Canada\" dated March 31, 2022, by SLR Consulting Ltd.Rob Hincliffe, President and CEO of Galway, commented, \"Today's results reinforce Clarence Stream's potential to host wide, high-grade gold mineralization beyond the current resource. Intercepts like 2.1 g/t over 36.0 meters underscore the quality and continuity of mineralization we're targeting. With more than 40 holes pending assays across multiple deposits and two rigs turning, we're positioned for a steady flow of results that can drive meaningful resource growth and demonstrate the scale of this gold system. In addition to the Southwest Deposit, we are drilling shallow holes at the North Zone, where we aim to increase the resource there by 200% to 300%.\"HighlightsCL-222 intersected 2.1 g/t gold over 36.0 meters including 3.0 g/t gold over 21.0 meters.Additional intercept of 3.5 g/t gold over 10.0 meters including 20.6 g/t over 1.0 meters (Cross-Section)CL-223 intersected 2.8 g/t gold over 13.5 meters including 13.1 g/t over 1.5 metersCL-219 intersected 2.8 g/t gold over 5.5 meters including 10.9 g/t gold over 1.0 meters.Additional intercept of 0.8 g/t gold over 21 meters.Drill Results Confirm Structural Controls on Gold MineralizationDrill holes CL-222 and CL-223 (Plan Map) confirm Galway is targeting a fold structure north of the Southwest Deposit, in an area not yet included in the 2022 Mineral Resource Estimate. This structural zone presents strong potential to host additional thick, high-grade gold mineralization both along strike and at depth. To further test th...

More updates from Galway Metals, Inc.