Galway Metals Adds 3rd Drill Rig: Intersects 1.9 g/t Au Over 43.3m at West End of Jubilee; Richard Zone Returns 3.5 g/t Au Over 5.3m, 2.1 g/t Au Over 12.8m, and 1.5 g/t Au Over 16.0m 2019 Drill Program Increased from 12,000m to 17,000m
Galway Metals Adds 3rd Drill Rig: Intersects 1.9 g/t Au Over 43.3m at West End of
Jubilee; Richard Zone Returns 3.5 g/t Au Over 5.3m, 2.1 g/t Au Over 12.8m, and 1.5 g/t Au
Over 16.0m
2019 Drill Program Increased from 12,000m to 17,000m
TORONTO, ON / ACCESSWIRE / September 5, 2019 / Galway Metals Inc. (TSX-V:GWM)
(the "Company" or “Galway”) is pleased to report final assay results from drill hole BL19-21 at
the Jubilee Zone (Figure 1), and first drill hole results from the recent Richard Zone discovery
since the resumption of drilling (Figure 2) there. The newly discovered Richard Zone was first
reported in January, 2019 and lies between the Jubilee Zone and the Company’s first discovery,
the George Murphy Zone (initially reported in December, 2017).
Jubilee Zone Highlights
• BL19-21: 9 grams per tonne (g/t) Au over 43.3 metres (m) (35.7m true width (TW))
(including 21.2 g/t Au over 2.35m), starting at a vertical depth of 36m below surface
• BL19-43: 3 g/t Au over 10.0m (8.0m TW) (including 32.9 g/t Au over 0.5m, and 4.3 g/t
Au over 0.65m), plus 1.2 g/t Au over 16.4m (13.2m TW) (including 4.1 g/t Au over
0.65m, 3.9 g/t Au over 1.1m, 3.0 g/t Au over 0.5m, and 3.0 g/t Au over 0.5m) starting at
vertical depths of 87 m and 61m below surface
• BL19-46: 0.5 g/t Au over 11.95m (11.95m TW) (including 1.7 g/t Au over 0.5m), starting
at a vertical depth of 96 m below surface
Richard Zone Highlights
• 19BL-28: 5 g/t Au over 5.3m (including 12.5 g/t Au over 0.9m), plus 2.3 g/t Au over
7.2m, and plus 5.7 g/t Au over 0.85m starting at vertical depths of 116m, 84m, and 39m
below surface
• 19BL-30: 1 g/t Au over 12.8m (including 14.4 g/t Au over 1.1m), plus 1.5 g/t Au over
16.0m, and plus 4.0 g/t Au over 0.7m starting at vertical depths of 34 m, 74m, and 104m
below surface
• 19BL-35: 1.1 g/t Au over 21.25m (including4 g/t Au over 1.45m), plus 1.1 g/t Au over
10.3m (including 6.2 g/t Au over 0.5m), and plus 4.6 g/t Au over 0.5m starting at
vertical depths of 76m, 145m, and 184m. below surface
• 19BL-39: 7 g/t Au over 14.4m (including 2.6 g/t Au over 0.65 m), plus 7.2 g/t Au over
0.5m, and plus 3.25 g/t Au over 0.5m with VG starting at vertical depths of 26m, 45m,
and 14m below surface
Robert Hinchcliffe, President and CEO of Galway Metals, said, “We are pleased to report on
activities at Clarence Stream, an emerging new gold district in eastern Canada. The 43.3 metres
at Jubilee is our widest and best intersection in that deposit to date. The multiple mineralized
intersects in several of the Richard Zone holes bodes well for the mineralization there to become
important. We think all 3 zones that are not in resource, the George Murphy, Richard and
Jubilee, which cover 2 km of strike length, are part of the same system, and as such we will
postpone the resource update until further drilling can bulk up the discoveries we’ve made.
Given that all 5 zones are are open in every direction, and to make new discoveries at Clarence
Stream, Galway has added a third rig and increased the 2019 drill program to 17,000 metres, up
from 12,000 metres.”
Jubilee Zone has wide, near-surface intersects
At Jubilee, Galway continues to add gold mineralization to the deposit. Additional results were
received from hole 21 since the last press release. Two holes had extended the zone to the SW by
130m and 90m, respectively, from Galway’s previous best intersections (from the Company’s
first two holes drilled at Jubilee in 2017). Those holes extending the zone to the SW contain
intersections of 1.9 grams per tonne (g/t) Au over 43.3 metres (m) (35.7m TW), including 21.2
g/t Au over 2.35m in hole BL19-21 (partially previously released) and 1.2 g/t Au over
20.5m (19.3m TW) in hole 19-20A (previously released). Follow-up holes in the west end of
Jubilee returned 2.3 g/t Au over 10.0m (8.0m TW) (including 32.9 g/t Au over 0.5m), plus 1.2
g/t Au over 16.4m(13.2m TW) in hole 19-43, and 0.5 g/t Au over 11.95m (11.95m TW) in hole
19-46. Jubilee was also extended to the NE by 175 metres previously with an intersection of 2.1
g/t Au over 7.0m (6.9m TW) in hole BL19-17 such that a resource on Jubilee would extend
approximately 465 metres (365m between intersections). Since resumption of drilling in mid
July, 1,819 m in 8 holes have been drilled in Jubilee (including 6 pending all assays).
The Jubilee Zone horizons appear to trend parallel to the granite intrusive located to the
northwest. True widths for all drill holes to date at Jubilee have now been calculated, based on an
interpreted horizontal trend (strike) of 50° and south dips of -52°. The George Murphy Zone,
located 2 km away from Jubilee, is interpreted to have a similar horizontal trend (strike) but is
steeper dipping. The newly-discovered Richard Zone is half way between. The intersection in
hole 46 (0.5 g/t Au over 11.95m) is located 97m east and above the 1.9/43.3m intersection in
hole 21. Hole 19-43 intersected 2.3 g/t Au over 10.0m (8.0m TW) (including 32.9 g/t Au over
0.5m), plus 1.2 g/t Au over 16.4m (13.2m TW), with these being 20 and 28m below the closest
previous intersections in hole 18 (7.7 g/t Au over 3.65m (3.3m TW) (including 24.6 g/t Au over
1.0m), plus 1.1 g/t Au over 7.65m (8.7m TW)) (Figure 1 and Figure 3).
The Richard Zone may link with both Jubilee and GMZ - drilling will continue along this
2km trend …
At the new Richard Zone discovery, the discovery hole, BL18-12, returned 7.3 g/t Au over
36.7m, including 38.1 g/t Au over 6.5m (previously released) in multiple quartz veins
containing abundant visible gold, starting only 51 metres downhole and 36 metres vertical.
Follow-up drilling in hole BL19-15 intersected 5.4 g/t Au over 11.0m, including 20.9 g/t Au
over 2.55m (previously released), plus 1.4 g/t Au over 9.0m, and plus 1.5 g/t Au over
7.5m. This hole intersected visible gold (VG) twice, approximately 50 metres NW of and 97
metres vertically below the VG seen in BL18-12. The original drilling consisted of 1,222m in 4
holes. Drilling was stopped early 2019 due to the rapid snow melt and subsequent flooding in
New Brunswick. Since resumption of drilling in early June, 2,147m in 7 holes have been drilled
(including one pending all assays), with multiple gold-bearing structures intersected in multiple
drill holes. Results include intersections of 3.5 g/t Au over 5.3m, including 12.5 g/t Au over
0.9m, plus 2.3 g/t Au over 7.2m, and plus 5.7 g/t Au over 0.85m in hole 28, and 2.1 g/t Au over
12.8m, including 14.4 g/t Au over 1.1m, plus 1.5 g/t Au over 16.0m, and plus 4.0 g/t Au over
0.7m in hole 30 (Figure 2).
The intersections in holes 28, 30, and 35 are located approximately 53-118 metres south and
west of the 7.3 g/t Au over 36.7m. They are up to 109 metres vertically below that intersection.
Drilling has been undertaken to date using a NW horizontal (strike) interpretation, but the
7.3/36.7m can be lined up with the VG in hole 39 (3.25 g/t over 0.5m), as well as other parallel
structures such as 2.1/12.8m (incl. 14.4/1.1m), 3.5/5.3m (incl. 12.5/0.9), and 1.1/10.3m (incl.
6.2/0.5m). With this interpretation, the horizontal trend (strike) is identical to the NE trends of
the Jubilee and George Murphy Zones (generally following the granite contact to the NW that
might be the source of the gold-bearing fluids), and the dip would be half-way between the dips
at the other 2 zones at ~70 degrees (Figure 4 and Figure 5). Another attempt will be made to use
down-hole optical viewing before drilling resumes later in September in order to confirm the
strike and dip of the Richard Zone.
Wildcat Drilling
Wildcat drilling was undertaken west of the Jubilee Zone (but not so far west as to test the 4km+
anomaly with 11 soils returning between 100 and 681 ppb Au along that trend), targeting the
Jubilee extension since resumption of drilling in mid-May. To date, 2,465m in 11 holes have
been drilled; they did not return anything significant other than an intersection of 4.4 g/t Au over
1.0m in hole 32 that also contained 4050 ppm Bismuth and 344 ppm Tungsten, with the
intersection sub-parallel to the core axis (Figure 1). Follow-up full tungsten assays are being
undertaken (the AA assay is only an indication), and follow-up drilling will be conducted to
determine whether this intersection represents a new discovery.
Current Drilling - Jubilee and South Zone Extension testing 35.5 g/t Au and 56.2 g/t Au
boulders within strong soils
One drill rig returned to drilling the Jubilee Zone on the same set-up as hole 21 to drill around
that wide intersection. The second drill was temporarily taken off the Richard Zone in order to
drill an important target - the interpreted extension of the South Zone. This target trends parallel
to high soil anomalies of greater than 300 ppb Au, is located where boulders returned up to 56.2
g/t Au with visible gold, and is 4.8 km southwest of the South Zone. Three zones of
mineralization were returned from the first hole (BL19-44)-two with significant widths of 20-
40% quartz veining (18 and 22m) and 2% arsenopyrite, plus 5% pyrite, plus 5% pyrrhotite, and
one zone being a mineralized gabbro dyke (similar to the South Zone) that returned up to 0.5 g/t
Au over 1.15m (Figure 1). The third and northern-most structure appears to be the down-dip
extension of the Jubilee Zone, while the southern two structures are on-strike with the South
Zone (Figure 3). A previous drill hole (GWM17CL-09) located midway between this hole and
the South Zone (2.4 km from each) had intersected a similar 14.15m wide mineralized structure
consisting of 10-20% quartz veining with up to 0.4 g/t Au over 0.65m. Additional drilling is
being undertaken, because the quartz veining plus the other noted indicator minerals, which are
similar to what was encountered in the South Zone, are encouraging. The third drill is
undertaking wildcat drilling 1.5 km west of the South Zone to evaluate soil, till, and geophysical
anomalies and where a boulder was found that returned 35.5 g/t Au (Figure 4).
Galway staked new claims that contain the highest grade glacial till ever discovered in
southern New Brunswick
The New Brunswick government recently undertook follow-up glacial till sampling. As a result,
the highest-grade gold-in-till anomaly ever recorded in southern New Brunswick at 211 ppb was
staked by Galway. This new till sample is more than double Galway’s previous highest-grade till
sample (Figure 6).
Table 1. Assay Results
Hole ID From
(m)
To
(m)
Intercept
(m)
Intercept
(m) TW
(Unknown
if not
noted)
Au
g/t
JUBILEE ZONE
GWM-19BL-21 101.00 144.25 43.25 35.7 1.9
incl. 134.45 136.80 2.35 1.9 21.2 ** VG
incl. 136.80 138.20 1.40 1.2 4.7
153.70 154.65 0.95 0.8 3.5
158.80 161.90 3.10 2.6 0.4
GWM-19BL-20A 93.00 113.50 20.50 19.3 1.2 **
incl. 94.85 95.85 1.00 0.9 9.5 **
135.80 139.20 3.40 3.2 0.9
150.50 151.05 0.55 0.5 1.1
GWM-19BL-22 58.25 59.0 0.75 0.6 0.4
59.75 63.65 3.90 3.1 0.4
80.30 82.00 1.70 1.3 0.9
94.75 96.00 1.25 1.0 0.5
123.00 124.00 1.00 0.8 0.4
157.55 158.50 0.95 0.8 3.7
184.90 185.40 0.50 0.4 1.8
GWM-19BL-43 64.00 65.00 1.00 0.8 0.4
66.00 82.40 16.4 13.2 1.2
incl. 67.85 68.50 0.65 0.5 4.1
incl. 72.90 73.40 0.50 0.4 3.0
Hole ID From
(m)
To
(m)
Intercept
(m)
Intercept
(m) TW
(Unknown
if not
noted)
Au
g/t
incl. 73.90 74.40 0.50 0.4 3.0
incl. 80.80 81.88 1.08 0.9 3.9
84.00 85.00 1.00 0.8 0.6
96.00 106.00 10.00 8.0 2.3
incl. 96.00 96.65 0.65 0.5 4.3
incl. 104.35 104.85 0.50 0.4 32.9
115.45 116.00 0.55 0.4 0.6
143.00 216.00
0.0 PENDING
GWM-19BL-46 55.90 67.85 11.95 11.95 0.5
incl. 67.35 67.85 0.50 0.50 1.7
70.00 71.00 1.00 1.00 0.9
72.95 73.75 0.80 0.80 0.4
86.00 177.00
PENDING
RICHARD ZONE
GWM-19BL-28 41.25 42.10 0.85
5.7
75.00 75.80 0.80
1.2
86.90 94.10 7.20
2.3
incl. 89.50 90.80 1.30
6.8
103.0 105.65 2.65
0.7
125.40 130.70 5.30
3.5
incl. 127.70 128.60 0.90
12.5
145.30 146.00 0.70
1.0
173.80 175.20 1.40
1.6 VG
GWM-19BL-30 36.65 37.35 0.70
4.0
71.20 84.00 12.80
2.1
incl. 81.90 83.00 1.10
14.4
87.25 88.75 1.50
0.5
107.50 108.40 0.90
0.5
Hole ID From
(m)
To
(m)
Intercept
(m)
Intercept
(m) TW
(Unknown
if not
noted)
Au
g/t
113.10 129.10 16.00
1.5
133.80 134.90 1.15
0.5
135.95 136.60 0.65
0.5
138.25 139.00 0.75
0.5
202.85 203.85 1.00
0.5
GWM-19BL-33 41.50 42.10 0.60
1.2
46.00 47.00 1.00
1.2
77.30 79.50 2.20
1.3
121.65 122.60 0.95
0.9
GWM-19BL-35 84.00 105.25 21.25
1.1
incl. 88.85 90.30 1.45
5.4
119.15 119.80 0.65
2.3
133.40 134.55 1.15
0.4
147.00 147.80 0.80
0.7
160.90 161.55 0.65
0.5
162.45 172.75 10.30
1.1
incl. 172.25 172.75 0.50
6.2
206.00 206.50 0.50
4.6
240.75 243.00 2.25
0.6
GWM-19BL-37 190.50 191.30 0.80
0.4
GWM-19BL-39 20.00 21.50 1.50
1.4
incl. 20.50 21.00 0.50
3.25 VG
24.00 25.00 1.00
1.0
26.75 27.35 0.60
0.6
36.43 37.10 0.70
0.6
37.81 52.17 14.40
0.7
incl. 42.35 43.00 0.65
2.6
62.80 63.83 1.00
4.0
Hole ID From
(m)
To
(m)
Intercept
(m)
Intercept
(m) TW
(Unknown
if not
noted)
Au
g/t
incl. 63.30 63.83 0.50
7.2
72.40 73.58 1.18
1.0
78.75 79.25 0.50
0.8
89.17 89.93 0.76
0.5
102.80 103.30 0.50
3.2
113.25 114.25 1.00
0.6
WILDCAT 4.8 KM WEST OF SOUTH ZONE
GWM-19BL-44 305.00 306.15 1.15
0.5
308.30 308.90 0.60
0.4
377.45 435.00
PENDING
462.70 470.00
PENDING
WILDCAT WEST OF JUBILEE ZONE
GWM-19BL-32 42.00 43.00 1.00
4.4
**previously reported; VG = visible gold. 0.42 g/t Au was used for the bottom cut-off; True
widths are unknown if not noted. VG in holes 39, and 28 was assayed by metallic screens
method (g/t Au by gravimetric). Drill holes GWM-19BL-23-27, 29, 31, and 34 were wildcat
holes drilled west of the Jubilee Zone and did not return significant assays; the intersection in
hole BL-32 also contains 4050 ppm Bismuth and 344 ppm Tungsten (done by AA which does
not give an accurate value).
Table 2: Drill Hole Coordinates
Hole ID Azimuth Dip Easting Northing Total Depth
(m)
Zone
BL19-20 300 -45 652,652 5,020,802 25 Jubilee
BL19-20A 300 -45 652,648 5,020,799 186 Jubilee
BL19-21 281 -60 652,651 5,020,799 222 Jubilee
BL19-22 15 -45 652,650 5,020,799 276 Jubilee
BL19-23 308 -45 651,650 5,020,122 267 Wildcat
Rollingdam
BL19-24 128 -45 651,651 5,020,121 243 Wildcat
Rollingdam
BL19-25 15 -45 652,469 5,020,633 230 Wildcat
Rollingdam
BL19-26 330 -45 652,465 5,020,630 201 Wildcat
Rollingdam
BL19-27 285 -55 652,470 5,020,635 231 Wildcat
Rollingdam
BL19-28 22.5 -67 653,474 5,021,489 338 Richard
BL19-29 12 -45 652,372 5,020,557 150 Wildcat
Rollingdam
BL19-30 353 -67 653,473 5,021,490 422 Richard
BL19-31 330 -45 652,373 5,020,558 210 Wildcat
Rollingdam
BL19-32 330 -45 652,222 5,020,552 156 Wildcat
Rollingdam
BL19-33 52 -45 653,495 5,021,509 224 Richard
BL19-34 290 -45 652,258 5,020,530 204 Wildcat
Rollingdam
BL19-35 50 -67 653,474 5,021,489 311 Richard
BL19-36 15 -67 652,472 5,020,636 213 Wildcat
Rollingdam
BL19-37 75 -45 653,477 5,021,487 299 Richard
BL19-38 10 -45 651,740 5,020,080 360 Wildcat
Rollingdam
BL19-39 355 -45 653467 5021547 320 Richard
BL19-40 15 -45 653,390 5,021,608 233 Richard
BL19-41 295 -45 651,661 5,019,847 243 Wildcat
Rollingdam
BL19-43 5 -67 652,645 5,020,812 216 Jubilee
BL19-44 320 -45 653,231 5,020,697 626 South Zone Extn.
BL19-45 255 -45 652,644 5,020,811 245 Jubilee
BL19-46 330 -45 652,646 5,020,810 177 Jubilee
BL19-47 260 -80 652,648 5,020,809 225 Jubilee
BL19-48 10 -85 652,648 5,020,805 258 Jubilee
BL19-49 350 -45 653,231 5,020,697 In Progress South Zone Extn.
BL19-50 180 -60 652,648 5,020,807 357 Jubilee
BL19-51 220 -70 652,650 5,020,807 267 Jubilee
BL19-53 300 -65 652,577 5,020,743 189 Jubilee
BL19-54 300 -80 652,577 5,020,743 In Progress Jubilee
New Brunswick Junior Mining Assistance Program