Galway Metals Inc. is pleased to announce a proposed non-brokered private placement financing for gross proceeds of up to $3,000,000 comprised of flow-through common shares and hard-dollar common shares , subject to regulatory approval and closing. Each FT Share will be sold for $0.37. Each HD Share will be sold for $0.30. The securities issued pursuant to the Offering will be subject to a hold period of four months and [...]
Galway Metals Inc. reports that, as a result of a review by the Ontario Securities Commission, this press release is being issued to clarify disclosure in the Company's January 23, 2019 press release regarding the Clarence Stream NI 43-101 resource estimate, and to note that the Estrades NI 43-101 technical report has been amended to more clearly note metallurgical recoveries and cost assumptions to arrive at the [...]
Galway Metals Inc. is pleased to report that drilling at its George Murphy Zone at the Clarence Stream Gold Project in SW New Brunswick has intersected 13.0 grams per tonne Au Over 8.7 Metres , including 201.0 g/t Au Over 0.5m. This hole, CL18-36, contained significant visible gold and was located 40 metres above previous hole CL18-26 that returned 241.5 g/t Au over 4.2m, including 807.0 g/t Au over 1.25m. Drilling has [...]
Galway Metals Inc. is pleased to report first assays from the second hole into the previously-reported new gold discovery at its Clarence Stream Gold Project in SW New Brunswick . 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 [...]
This press release replaces the press release disseminated February 13, 2019 at 6:30 am ET. The press release contained incorrect information in the "Highlights" section. The corrected press release is below: Galway Metals Inc. 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 [...]
Galway Metals Inc. 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 [...]
Galway Metals Inc. is pleased to report that drilling at its Clarence Stream Gold Project in SW New Brunswick has been successful in discovering a new gold zone centered between and along strike the George Murphy and Jubilee zones . The discovery hole, BL18-12, intersected weathered, altered sediments with disseminated pyrite and arsenopyrite and multiple quartz veins containing visible gold over 7 metres starting 51 [...]
Galway Metals Inc. is pleased to announce that, further to its news release dated November 30, 2018, it has completed a non-brokered private placement . As a result of increased demand, the Company increased the size of the offering from up to $3,000,000 to $3,367,090. The Offering consisted of the sale of: 2,826,086 Québec flow-through shares at a price of $0.23 per QC FT Share; 5,600,000 federal flow-through [...]
Galway Metals Inc. is pleased to announce a proposed non-brokered private placement financing for gross proceeds of up to $3,000,000 comprised of Quebec flow-through shares , flow-through shares , and hard-dollar common shares , subject to regulatory approval and closing. Each QC FT Share will be sold for $0.23, each FT Share will be sold for $0.20, and each HD Share will be sold for $0.17. The securities issued pursuant [...]
Galway Metals Inc. is pleased to report drill results at the Newiska horizon on the Company's 20,915 hectare, 100%-owned, former producing Estrades Project in the northern Abitibi of western Quebec, Canada. The Newiska prospect is located 8,000m southeast of the former producing Estrades polymetallic deposit . 8,200m to the west and 2.2 km south of the Estrades deposit, another strong TITAN geophysical conductor that has [...]
Galway Metals Inc. is pleased to announce that Debbie G. Laney, P.Eng, has agreed to act as a technical advisor to the Company, assisting in guiding the advancement of Galway's high grade Estrades zinc-gold and Clarence Stream gold properties to optimize their full potential. "We are pleased to have added such an accomplished Metallurgical Engineer to our team and would like to take this opportunity to welcome Debbie [...]
Galway Metals Inc. is pleased to report an updated Mineral Resource estimate prepared by RPA Inc. on the Estrades property located in the northern Abitibi of Western Quebec, Canada. Galway is pleased to report that the resource at Estrades has grown substantially and now contains 543,051 gold equivalent ounces of Indicated Mineral Resources grading 11.3g/t AuEq, plus 520,430 AuEq oz of Inferred Mineral Resources grading [...]