Galway Metals, Inc. · TSXV:GWM
Galway Metals — Investor Presentation (September 2024)
25 slides from Galway Metals's investor presentation, September 2024
Slide 1: Advanced Gold & Base Metal Exploration in Canada
TSX-V:GWM OTCQB:GAYMF CLARENCE STREAM Gold Project New Brunswick ADVANCED GOLD & BASE METAL EXPLORATION IN CANADA ESTRADES CORPORATE PRESENTATION Polymetallic Project September 2024 Quebec
Slide 2: Forward-looking Statement
Forward-looking Statement This presentation includes certain "forward looking statements" which are not comprised of historical facts. Forward-looking statements include estimates and statements that describe the Company’s future plans, objectives or goals, including words to the effect that the Com
Slide 3: Clarence Stream Gold Project: District-scale Potential
Clarence Stream Gold Project: District-scale Potential High-grade: Indicated Resources of 0.9 Moz gold at 2.3 g/t & Inferred Resources of 1.33 Moz gold at 2.6 g/t District-scale Potential: Mult-million-ounce potential with ~65 km prospective gold corridor Tier 1 Jurisdiction: Clarence Stream is situ
Slide 4: Capital Structure
Capital Structure 12 M $7 MANAGEMENT Cash (09/17/24) $4.0 M TSX-V: GWM Robert Hinchcliffe, President & CEO 5-Year Price & Volume $6 Debt $0.0 10 M Jesse Fisher, Project Manager $5 Market Cap 1 $65.1 M 8M Robert Richard, Head of Exploration Share Price $4 Volume Shares O/S 82.2 M Louise Steward, Regu
Slide 5: New Brunswick
New Brunswick Excellent Infrastructure & Mining Friendly MINING FRIENDLY GOVERNMENT • Competitive royalties & tax rates • Timely drill permits Fredericton Pop: 63k • Low-cost drilling 100 km (60 min) • Low-cost operating expenses EXCELLENT INFRASTRUCTURE International • Paved roads throughout proper
Slide 6: Evolving Appalachian Gold Trend
Evolving Appalachian Gold Trend Gold Belt Extends into the US, Ireland, UK, Scandinavia, & Africa Maritime Resource Clarence Stream Pine Cove AuTeco Minerals Maritime Ming Mine Resources Hammerdown First Mining Magna Terra Hope Brook BIDJOVAGGE Cape Spencer KOLSVIK SKAERGAARD New Found Gold Calibre
Slide 7: Clarence Stream Project New Brunswick
Clarence Stream Project New Brunswick Geological Features Led to All Discoveries Current Resource covers less than 17.9 g/t Au 9.6 g/t Au chip chip 4% of Galway’s highly prospective District Scale Gold 2.4 g/t Au sample sample chip sample land position System Mt Pleasant Mine • 3 high-grade gold dep
Slide 8: Clarence Stream Resources
Clarence Stream Resources 100%-owned by Galway Grade Deposit Category Tonnes Resource oz Au g/t Au Indicated 7,761 2.02 504,000 Southwest Inferred 11,722 2.31 869,000 Indicated 1,171 2.28 86,000 North North Deposit Inferred 1,731 2.51 140,000 Indicated 3,464 2.99 333,000 South Inferred 2,511 4.03 32
Slide 9: Southwest Deposit
Southwest Deposit Open for Expansion Along Strike & at Depth Jubilee Zone Richard Zone 3.1 km Adrian/GMZ Zones Potential High-Grade Starter Pit 310 m 530 m ery • New Stewart zone expands deposit >650 m north Insufficient Drill Density for Resource a rt D i scov e) S tew esourc w Ne ot In R m • Open
Slide 10: Southwest Deposit – Expansion
Southwest Deposit – Expansion Excellent Potential to Connect Southwest Deposit to New Stewart Zone • New Stewart zone (dips east) may connect with • Trenching to expose zones at surface Southwest Deposit • Deeper drilling to expand high-grade underground • Infill drilling to connect all Southwest De
Slide 11: North Deposit
North Deposit Shallow Pit Resource with Expansion Target in All Directions • Current North Pit Resource Oblique View Cutoff: 0.38 g/t Au 100% pit constrained Ic e 176.5 g/t boulder • Veins are generally flat dipping Di re c tio Large Au in n Potential High-Grade • Pits shallow – Soil mostly untested
Slide 12: South Deposit
South Deposit Potential High-grade Starter Pit 2.0 km • Open along strike & at depth 150 m • Drilled to 520 m Needs More Drilling 520 m • Open to expand high-grade Looking NW Potential High-Grade gold shoots along the west Starter Pit plunge; zone dips steeply to the north g/t Au ≥ 10 South Deposit
Slide 13: Just Scratching the Surface (Gold Anomalies)
Just Scratching the Surface (Gold Anomalies) Strong Indications of Multi-million Ounce Gold District 9.6 g/t Au Clarence Stream Top 12 Gold Exploration Areas chip sample • All known deposits associated with 17.9 g/t Au chip sample 12 intrusions, magnetic lows & soil 11 STEWART ZONE anomalies NEW DIS
Slide 14: Just Scratching the Surface (Magnetic Survey)
Just Scratching the Surface (Magnetic Survey) Strong Indications of Multi-million Ounce Gold District 9.6 g/t Au Clarence Stream Top 12 Gold Exploration Areas • All known deposits associated with 17.9 g/t Au chip sample chip sample intrusions, magnetic lows & soil 12 11 anomalies NEW DISCOVERY 9 STE
Slide 15: Next Targets to be Tested
Next 5 Targets to be Tested Targets 1, 2 & 4 to be Drilled in H1 2024 GOLD IN SOIL • Target 1: The “Triangle” which includes 7 – 10 ppb North Deposit the Stewart Zone east of the felsic ult 10 – 15 ppb intrusive that is related to the SW 15 – 4980 ppb Stewart Zone F a (2021 Discovery) k Deposit Boul
Slide 16: Estrades High-grade Polymetallic Project
Estrades High-grade Polymetallic Project High-grade VMS Former Producing Mine • Elephant Country: 31 km strike length in the midst of a 10+ Moz gold trend: Casa Berardi (Hecla) to the west; Douay (Agnico/Maple) to the east • Trucking distance to several mills in a well-established Estrades mining di
Slide 17: Estrades Mineral Resource Statement
Estrades Mineral Resource Statement 100%-Owned Class Tonnes AuEq Zn Eq Au Ag Zn Cu g/t % g/t g/t % % Indicated 1,497,000 11.28 20.75 3.55 122.9 7.2 1.06 Inferred 2,199,000 7.36 13.54 1.93 72.9 4.72 1.01 AuEq Zn Eq Au Ag Zn Cu oz 000 lb oz oz 000 lb 000 lb Indicated 543,051 684,717 170,863 5,912,820
Slide 18: Drill Targets Along All Trends
Drill Targets Along All 3 Trends 100%-Owned Estrades 1.95 gpt Au/10.4m 10.4 gpt Au/1.1m • Drilled high-grade shoots to expand 0.5 gpt Au/37.8m 0.75 gpt/19.5m resource • Tested deep Titan IP & EM 0.92 gpt Au/43.2m 0.86 gpt Au/64.1m geophysical anomalies that extend to 0.5 gpt Au/22.9m 0.8 gpt Au/17.5
Slide 19: Key Target: High-grade Source Vent at Depth
Key Target: High-grade Source Vent at Depth 85: MET TEST HOLE • 1.6 km long resource 14.3g/t Au; 18.1% Zn; 192.2g/t Ag / 5.3 m + 7.5g/t Au; 6.6% Zn; 121.7g/t Ag / 3.85 m • Titan suggests 2 deep source vents: One each 72.5g/t Au / 1.6 m west & east Recent drill intersect highlights possible proximity
Slide 20: Estrades: Top Tier Zinc Equivalent
Estrades Top Tier Zinc Equivalent Estrades Zneq Grade* Vs Other North American Zinc-Rich Projects *ZnEq grades re-calculated using Zn: $1.15/lb Cu: $3.50/lb Pb: $1.00/lb Au: $1450/oz Ag: $21.00/oz TSX-V: GWM | 20
Slide 21: Upcoming Catalysts
Upcoming Catalysts Clarence Stream • 2 Drill Rigs currently drilling to make new discoveries & add high quality ounces to Resource Base • Metallurgical Test Program Underway Estrades • New Mineral Resource Underway using 39% higher Gold Price and 19% Higher Zinc Prices • Metallurgical Test Program U
Slide 22: Experienced Management Team
Experienced Management Team Robert Hinchcliffe - CEO, Director & Principal More than 25 years working in the mining industry. He has been directly involved in capital raises and transactions in excess of $600 million. Mr. Hinchcliffe founded Galway Resources in 2005 and raised over $100 million and
Slide 23: Board of Directors
Board of Directors Robert Hinchcliffe - CEO, Director & Principal See previous slide. Peter Gula – Director More that 35 years of mining industry experience, Mr. Gula's career included a 30-year tenure with Placer Dome Inc. (later Goldcorp Inc.), where he held several senior roles, and later he join
Slide 24: Notes For The Mineral Resource Statements
Notes For The Mineral Resource Statements Notes for the Clarence Stream Mineral Resource Statement for Gold 1. CIM (2014) definitions were followed for Mineral Resources. 2. Mineral Resources are reported at cut-off grades of 0.38 g/t Au and 2.00 g/t Au for open pit and underground, respectively. 3.
Slide 25: For More Information
FOR MORE INFORMATION: info@galwaymetalsinc.com www.galwayinc.com TSX.V: GWM OTCQB:GAYMF 25
Galway Metals — Investor Presentation (September 2024) on 6ix