Galway Intersects 8.4 g/t Gold over 4.0 Meters, 350 Meters from North Deposit
Galway Intersects 8.4 g/t Gold over 4.0 Meters, 350 Meters
from North Deposit
TORONTO, ON / ACCESS Newswire / September 8, 2025 / Galway Metals Inc. (TSX-
V:GWM)(OTCQB:GAYMF) ("Galway" or the "Company") is pleased to report results from 11
diamond drill holes at the North Deposit on its 100%-owned flagship Clarence Stream high-
grade gold project in New Brunswick, Canada. The Clarence Stream Gold Project has district-
scale potential, with a 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 Moz, 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, by SLR Consulting Ltd.
Rob Hinchcliffe, President and CEO of Galway, commented, "Clarence Stream continues to
deliver strong results, with high-grade gold intercepts stepping out 350 meters beyond the current
resource, effectively doubling the footprint of our easternmost pit. Importantly, these intercepts
occur at very shallow depths of just 25 to 46 meters from surface, making them particularly
attractive for potential open-pit mining. With three drill rigs turning, we expect steady news flow
as we expand the deposits and add near-surface ounces. In the coming months, one of the rigs
will move to the South Deposit to begin drilling our highest-grade open pit area and to test
nearby high-priority exploration targets. These programs are designed to both grow the resource
base and demonstrate the broader district-scale potential of Clarence Stream."
Highlights (Plan Map)
• ND-21: 8.4 g/t gold over 4.0 meters including 27.4 g/t gold over 1.0 meter (Section 1)
• ND-19: 4.2 g/t gold over 5.0 meters
• ND-10: 5.3 g/t gold over 3.0 meters including 9.6 g/t gold over 0.5 meters (Section 2)
• ND-22: 5.6 g/t gold over 2.0 meters including 10.2 g/t gold over 1.0 meter
Expanding High-Grade Gold at the North Deposit
The North Deposit drill program continues to confirm and extend gold mineralization outside of
the 2022 resource estimate. Notably, ND-21 was drilled 350 meters north of the current block
model and returned 8.4 g/t Au over 4.0 meters, including 27.4 g/t Au over 1.0 meter. ND-19 and
ND-22 intersected high-grade gold along the same section, with follow-up drilling underway to
test continuity both to surface and at depth. The remaining results in this release help close gaps
between previously reported intercepts, building confidence in continuity. Galway has 20-40
additional holes planned in this area and an additional 17 holes with pending assays. For a more
comprehensive list of the North Deposit assays, please click the following link (Assay and
Coordinate Table)
Accelerating Growth Across All Deposits
Galway currently has three drill rigs active at Clarence Stream. Two rigs are focused on the
Southwest Deposit, where drilling is aimed at extending mineralization closer to surface and
reducing spacing between resource shells. The third rig is advancing step-outs at the North
Deposit, where drilling continues to expand the deposit footprint and highlight its potential
contribution to a future resource update.
Looking ahead, Galway plans to redeploy one of the rigs from the Southwest to the South
Deposit in the coming months. This program will focus on the project's highest-grade open pit
area, while also testing high-priority exploration targets immediately south-southwest of the
deposit. These efforts are designed to both expand the existing resource base and evaluate new
zones that could meaningfully enhance the scale of Clarence Stream.
Geology and Mineralization
The Clarence Stream deposits can be characterized as intrusion-related, structurally controlled,
quartz-vein hosted gold deposits. These deposits consist of quartz veins and quartz stockwork
within brittle-ductile fault zones that include adjacent crushed, altered wall rocks and veinlet
material. The mineralized systems are hosted in intrusive and metasedimentary rocks within high
strain zones controlled by regional fault systems. Pyrite, base metal sulphides, and stibnite occur
in these deposits along with anomalous concentrations of bismuth, arsenic, antimony and
tungsten. Alteration in the host rocks is confined within a few metres of quartz veins and occurs
mainly in the form of sericitization and chloritization. A more complete description of Clarence
Stream's geology and mineralization can be found at www.galwaymetalsinc.com.
New Brunswick Junior Mining Assistance Program
Galway would like to acknowledge financial support from the New Brunswick Junior Mining
Assistance Program, which will contribute up to $50,000 towards exploration drilling in 2025.
Review by Qualified Person
The scientific and technical information contained in this news release has been reviewed and
approved by Jesse Fisher, P.Geo., Project Manager for Clarence Stream and a Qualified Person
as defined by National Instrument 43-101. Mr. Fisher certifies that this news release fairly and
accurately reflects the technical information and data presented. Galway Metals conducts its
exploration activities in accordance with CIM Best Practices Guidelines.
Quality Control and Reports
All core, chip/boulder samples, and soil samples are assayed by Activation Laboratories, located
at 41 Bittern Street, Ancaster, Ontario, Canada, Agat Laboratories, located at 5623 McAdam
Road, Mississauga Ontario, Canada L4Z 1N9 and 35 General Aviation Road, Timmins, ON P4P
7C3, and/or Swastika Laboratories situated in Swastika, ON. All four labs have ISO/IEC 17025
accreditation. All core is under watch from the drill site to the core processing facility. Drill core
is NQ size and sample intervals range from 0.5 meters to 1.5 meters in length. All samples are
assayed for gold by Fire Assay, with gravimetric finish, and other elements assayed using ICP.
The Company's QA/QC program includes the regular insertion of blanks and standards into the
sample shipments, as well as instructions for duplication. Standards, blanks and duplicates are
inserted at one per 20 samples. Approximately five percent (5%) of the pulps and rejects are sent
for check assaying at a second lab with the results averaged and intersections updated when
received. Core recovery in the mineralized zones has averaged 99%.
About Galway Metals Inc.
Galway Metals is a Canadian mineral exploration and development company focused on
advancing its 100%-owned, high-grade, open-pitable flagship Clarence Stream gold project in
southwest New Brunswick. Clarence Stream is an emerging gold district with an exploration
strike length of approximately 65 kilometres and widths of up to 28 kilometres in certain areas.
Galway Metals also has 100%-ownership in the Estrades project, a former producing high-grade,
gold-rich polymetallic VMS mine in the northern Abitibi of western Quebec. Led by a
management team with a proven track-record of creating shareholder value having sold Galway
Resources for US$340 million, Galway Metals is focused on creating value for all its
stakeholders.
For additional Information on Galway Metals Inc., Please contact:
Robert Hinchcliffe President & Chief Executive Officer
Telephone: 1-800-771-0680
Email: [email protected]
Website: www.galwaymetalsinc.com
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used in preparing the forward-looking information in this news release are reasonable, undue
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looking information, whether as a result of new information, future events or otherwise, other
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SOURCE: Galway Metals Inc.