on Galway Metals Inc. (isin : CA3645852086)
Galway Metals Announces Expansion at Clarence Stream Project
Galway Metals Inc. has reported promising results from drilling at its Clarence Stream Gold Project in New Brunswick. Significant intersections include 6.4 g/t gold over 5.2 meters and continuity of mineralization extending 300 meters beyond prior boundaries. These developments are part of efforts to double the North Deposit's resource size.
CEO Rob Hincliffe stated that a third drill rig will be mobilized to enhance near-resource exploration, focusing on expanding the project's scope and potential. Galway plans to update resource estimates following these efforts, aiming to boost resource growth significantly.
The drill results emphasize potential open-pitable expansion. Pending results from an additional 21 holes further underline the project's ongoing exploration potential. The company continues to benefit from the New Brunswick Junior Mining Assistance Program, which supports exploration drilling initiatives.
R. E.
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