Galway Metals Gap Drilling Intersects 1.3 g/t Au over 41.15m and 18.8 g/t Au over 6.0m, Closing Gap Between GMZ and Richard Zones

Galway Metals Gap Drilling Intersects 1.3 g/t Au over 41.15m and 18.8 g/t Au over 6.0m,

Closing Gap Between GMZ and Richard Zones

(Toronto, Ontario, November 18, 2021) - Galway Metals Inc. (TSX -V: GWM; OTCQB: GAYMF ) (the "Company" or

“Galway”) is pleased to report full and partial assay results from numerous drill holes in the centre of, and along either side

of, the remaining 400m gap between the Ric hard and George Murphy Zone s (GMZ) at the Company’s Clarence Stream

gold project in southwest New Brunswick, Canada (Figure 1 and Figure 2).

Highlights in the Centre of the 400m Gap Include:

• Hole 189: 1.3 grams per tonne (g/t) Au over 41.15 metres (m), including 9.3 g/t Au over 1.0m, 3.9 g/t Au over

1.0m, 3.9 g/t Au over 1.0m, and 4.0 g/t Au over 0.85m, starting at a vertical depth of 199m

• Hole 185: 1.4 g/t Au over 13.5m, including 8.5 g/t Au over 1.0m, and 6.4 g/t Au over 1.0m, plus 1.2 g/t Au over

9.0m, including 7.0 g/t Au over 1.0m, plus 0.8 g/t Au over 13.0m, including 4.8 g/t Au over 1.0m, plus 1.3 g/t Au

over 5.0m, including 4.4 g/t Au over 0.5m, plus 1.0 g/t Au over 5.0 m, starting at vertical depths of 227m, 85m,

192m, 29m and 170m, respectively

“Galway has now essentially connected a total of 3 kilometers of mineralization comprising the Adrian, GMZ, Richard and

Jubilee Zones. These zones, as well as the South and North Zones, remain open for expansion, have great grade and

continuity and will be included in the upcoming resource estimate update slated for December 2021, ” says Robert

Hinchcliffe, President and CEO of Galway Metals, “With the gold markets seemingly gaining traction, we look forward to

an exciting 2022 where our drilling program will be focused on making new discoveries, following up on recent discoveries

and expanding existing zones. In short, we remain optimistic as results continue to demonstrate that Clarence Stream is an

important new gold district in North America.”

Highlights Along the West Edge of the Gap Include:

• Hole 186: 18.8 g/t Au over 6.0m, including 85.3 g/t Au over 1.0m, plus 1.5 g/t Au over 8.5m, including 3.3 g/t

Au over 1.5m, starting at vertical depths of 49m and 73m, respectively

• Hole 171: 2.0 g/t Au over 17.6m, including 10.3 g/t Au over 1.0m, 8.9 g/t Au over 1.0m, and 5.4 g/t Au over 1.0m,

plus 1.7 g/t Au over 10. 0m, including 21.7 g/t Au over 0.5 m starting at vertical depth s of 68m and 40m,

respectively

• Hole 168: 14.8 g/t Au over 2.1m, including 50.4 g/t Au over 0.6m plus 2.8 g/t Au over 4.25m, including 9.9 g/t

Au over 1.0m, starting at vertical depths of 414m and 372m, respectively

• Hole 160: 0.9 g/t Au over 19.0m, including 2.6 g/t Au over 1.0m, starting at a vertical depth of 124m

• Hole 149: 1.5 g/t Au over 7.7m, including 9.5 g/t Au over 0.5m, starting at a vertical depth of 72m

• Hole 145A: 8.0 g/t Au over 2.3m, including 18.4 g/t Au over 0.8m, plus 3.8 g/t Au over 2.9m, including 7.8 g/t

Au over 0.65m, starting at vertical depths of 373m and 381m, respectively

• Hole 142: 70.6 g/t Au over 1.0m, starting at a vertical depth of 162m

• Hole 89: 3.2 g/t Au over 6.0m, including 12.4 g/t Au over 1.0m, starting at a vertical depth of 53m

Highlights Along the East Edge of the Gap Include:

• Hole 104: 12.2 g/t Au over 2.2m, including 27.4 g/t Au over 0.9m, starting at a vertical depth of 44m

82 Richmond Street East Tel: 800-771-0680

Toronto, ON M5C 1P1 Fax: 416-361-0923

An additional 6 holes with assays pending were drilled in the 400m gap between the GMZ and Richard Zones. All veins

appear to be sub- parallel to the granite to the north and mimics its dip at ~60 -65 degrees . In general, the better results

to date are from steeper holes.

Intersects Show Excellent Continuity

The 1.3 g/t Au over 41.15 metres in the 400m gap is thought to correlate with several other intersections, as follows:

• a new intersection of 1.4 g/t Au over 13.5m (hole 185) located 120m to the west,

• a previously-reported intersection of 10.0 g/t Au over 3.0m (hole 133) located 282m to the west, and

• and a new intersection of 12.2 g/t Au over 2.2m (hole 104) located 125m to the east.

• Two other new intersections may also correlate – the 14.8 g/t Au over 2.1m, including 50.4 g/t Au over 0.6m (hole

168), and the 8.0 g/t Au over 2.3m, including 18.4 g/t Au over 0.8m (hole 145A), located at 344m and 357m ,

respectively, along strike (horizontally) to the west of the 1.3 g/t Au over 41.15 metres.

The 2.0 g/t Au over 17.6m (hole 171) and the 18.8 g/t Au over 6.0m, including 85.3 g/t Au over 1.0m (hole 186) are new

intersections located 34m and 68m east, respectively, of a previously-released intersection of 2.2 g/t Au over 15.5m (hole

133).

Table 1 . Assay Results

Hole ID From To Intercept TW Au

(m) (m) (m) (m) g/t

GWM19BL-40 no significant assays

GWM20BL-86 42.55 43.10 0.55 0.5 5.8**

66.25 72.55 6.30 5.7 1.0**

Including 69.25 69.95 0.70 0.6 5.4**

75.20 76.10 0.90 0.8 0.6**

89.00 90.00 1.00 0.9 0.9**

92.60 93.80 1.20 1.1 0.8**

104.00 105.30 1.30 1.2 0.5**

119.60 120.20 0.60 0.5 0.6

129.00 129.60 0.60 0.5 0.7

181.00 181.95 0.95 0.9 1.0**

201.00 203.20 2.20 2.0 1.2**

256.20 256.80 0.60 0.5 0.5**

440.85 444.15 3.30 3.0 0.5**

including 440.85 441.40 0.55 0.5 1.4 V.G.**

GWM20BL-89 56.00 62.00 6.00 3.2

including 59.00 60.00 1.00 12.4

67.00 69.00 2.00 1.0

72.00 73.00 1.00 1.1

90.00 93.00 3.00 0.6

108.00 109.00 1.00 0.6

111.00 111.80 0.80 0.6

114.00 116.00 2.00 0.6

127.00 128.00 1.00 0.6

129.00 131.00 2.00 1.0

160.00 162.00 2.00 0.7

178.00 182.00 4.00 1.2

GWM20BL-104 61.30 63.50 2.20 12.2

including 61.30 62.20 0.90 27.4

70.50 73.00 2.50 1.3

230.00 232.30 2.30 0.9

including 231.65 232.30 0.65 2.1

391.25 392.15 0.90 8.0

414.00 414.55 0.55 3.9

GWM20BL-117 66.00 67.00 1.00 2.4**

90.90 92.00 1.10 0.5**

121.00 124.10 3.10 1.0**

including 122.00 122.50 0.50 2.4**

142.00 143.50 1.50 1.7**

185.00 186.00 1.00 0.8

189.00 190.00 1.00 0.8**

GWM20BL-119 43.00 44.00 1.00 0.4**

46.00 47.00 1.00 0.6**

67.50 70.00 2.50 0.6**

76.00 79.00 3.00 0.8**

82.00 83.50 1.50 0.5**

108.95 110.00 1.05 7.5**

238.00 239.00 1.00 0.9

302.00 312.00 pending

334.00 335.00 1.00 0.6

GWM20BL-130 72.00 102.00 30.00 13.2 0.6**

including 73.00 74.00 1.00 0.4 5.3**

95.50 97.00 1.50 0.7 1.3**

113.50 114.50 1.00 0.4 0.7**

117.00 118.00 1.00 0.4 0.4**

132.00 149.00 17.00 7.5 0.5**

including 132.00 133.00 1.00 0.4 1.4**

including 141.00 142.00 1.00 0.4 1.6**

149.00 164.00 15.00 6.6 0.2

239.00 240.00 1.00 0.4 0.4

241.00 242.00 1.00 0.4 1.2

383.00 384.50 1.50 0.7 1.0 ***

388.00 388.50 0.50 0.2 1.1 ***

430.00 431.00 1.10 0.5 75.9

433.00 435.00 2.00 0.9 1.7 ***

476.00 501.00 25.00 11.0 1.3 ***

including 479.00 479.65 0.65 0.3 18.5**

including 497.80 498.30 0.50 0.2 4.4**

GWM20BL-133 59.00 67.65 8.65 7.5 3.0

including 59.00 60.00 1.00 0.9 21.7

118.00 121.50 3.50 3.0 1.4

137.00 138.00 1.00 0.9 1.3**

139.00 140.00 1.00 0.9 0.6**

150.50 157.00 6.50 5.6 9.5**

including 153.00 154.00 1.00 0.9 27.2**

157.00 174.00 Pending

175.50 191.00 15.50 13.4 2.2**

including 175.50 176.20 0.70 0.6 30.2**

203.00 204.50 1.50 1.3 0.5**

260.00 284.00 pending

328.00 331.00 3.00 2.6 10.0**

including 330.00 331.00 1.00 0.9 18.7**

337.00 353.00 pending

GWM20BL-136 67.00 68.00 1.00 0.6 3.5

208.00 209.00 1.00 0.6 2.3

231.00 231.50 0.50 0.3 0.7

245.00 291.00 pending

291.00 295.00 4.00 2.3 19.5**

including 294.00 295.00 1.00 0.6 51.5**

303.00 321.00 pending

324.00 344.50 pending

386.50 389.50 3.00 1.7 0.7

GWM20BL-137 139.00 140.00 1.00 0.5 4.3

188.00 189.00 1.00 0.5 2.1

449.50 451.00 1.50 0.7 0.5

452.00 453.00 1.00 0.5 1.7

GWM20BL-140 352.00 356.50 4.50 2.9 0.8

394.25 396.00 1.75 1.1 1.9

405.00 406.50 1.50 1.0 0.8

GWM21BL-142 73.00 75.00 2.00 1.3 3.0

172.00 173.00 1.00 0.6 70.6

233.00 235.00 2.00 1.3 0.7

GWM21BL-145A 120.20 121.00 0.80 0.4 0.6

130.50 132.00 1.50 0.8 1.4

148.50 151.00 2.50 1.2 1.1

190.00 191.00 1.00 0.5 0.7

208.00 209.00 1.00 0.5 0.6

218.00 219.00 1.00 0.5 0.4

232.00 234.00 2.00 1.0 1.2

380.00 382.30 2.30 1.1 8.0

including 381.00 381.80 0.80 0.4 18.4

387.60 390.50 2.90 1.4 3.8

including 387.60 388.25 0.65 0.3 7.8

GWM21BL-149 102.28 109.95 7.67 7.0 1.5

including 102.28 102.78 0.50 0.5 9.5

121.00 122.00 1.00 0.9 0.5

123.90 124.50 0.60 0.5 4.7

157.00 159.00 2.00 1.8 0.6

161.05 162.00 0.95 0.9 0.5

219.00 220.50 1.50 1.4 0.9

257.50 258.00 0.50 0.5 0.8

272.65 273.50 0.85 0.8 0.5

275.00 276.00 1.00 0.9 0.8

276.50 277.00 0.50 0.5 0.5

294.00 295.50 1.50 1.4 0.4

311.50 312.00 0.50 0.5 0.9

327.00 327.50 0.50 0.5 2.8

GWM21BL-151 198.75 199.75 1.00 0.8

244.00 244.50 0.50 0.8

247.50 248.00 0.50 0.5

249.00 249.50 0.50 0.5

416.00 418.00 2.00 0.9

GWM21BL-158 100.00 101.00 1.00 0.6

GWM21BL-160 91.00 92.00 1.00 1.7

142.00 161.00 19.00 0.9

including 160.00 161.00 1.00 2.6

185.00 186.00 1.00 2.0

231.00 235.00 4.00 0.7

295.00 296.00 1.00 0.5

GWM21BL-166 75.50 76.00 0.50 0.4 2.6

109.50 111.00 1.50 1.2 4.8

121.50 124.50 3.00 2.4 3.0

135.70 136.30 0.60 0.5 0.6

139.50 141.00 1.50 1.2 0.6

143.50 144.00 0.50 0.4 0.7

298.50 299.75 1.25 1.0 0.8

GWM21BL-168 70.00 78.00 8.00 6.3 0.7

including 70.00 71.00 1.00 0.5 3.2

126.00 127.00 1.00 0.5 0.5

145.00 148.00 3.00 1.4 1.3

150.00 151.00 1.00 0.5 0.5

242.00 249.00 7.00 3.2 2.6

including 242.00 243.00 1.00 0.5 14.3

258.00 259.00 1.00 0.5 0.7

379.75 384.00 4.25 1.9 2.8

including 381.00 382.00 1.00 0.5 9.9

431.90 434.00 2.10 1.0 14.8

including 431.90 432.50 0.60 0.3 50.4

446.00 447.00 1.00 0.5 7.7

499.00 500.00 1.00 0.5 2.8

501.00 501.70 0.70 0.3 2.3

GWM21BL-171 44.00 54.00 10.00 9.2 1.7

including 45.00 45.50 0.50 0.5 21.7

75.00 76.00 1.00 0.7 1.2

80.00 81.50 1.50 1.0 1.7

90.00 91.50 1.50 1.0 0.6

92.40 110.00 17.60 12.0 2.0

including 93.00 94.00 1.00 0.7 10.3

including 104.00 105.00 1.00 0.7 5.4

including 109.00 110.00 1.00 0.7 8.9

186.00 187.00 1.00 0.7 0.7

198.00 199.00 1.00 0.7 0.8

GWM21BL-175 43.00 45.00 2.00 0.6

93.00 253.00 pending

259.70 260.20 0.50 0.6

GWM21BL-178 39.00 40.00 1.00 1.9

82.80 83.60 0.80 0.9

106.00 107.00 1.00 3.9

201.00 202.00 1.00 0.5

224.50 226.00 1.50 0.6

333.50 334.30 0.80 0.5

GWM21BL-181 14.50 15.00 0.50 0.4

40.00 130.75 pending

171.00 172.00 1.00 0.7

188.00 237.50 pending

GWM21BL-183 14.00 22.00 8.00 1.0

including 15.00 15.50 0.50 2.6

87.00 88.00 1.00 12.9

including 87.50 88.00 0.50 24.7

172.50 287.00 pending

GWM21BL-185 30.00 35.00 5.00 1.3

including 31.00 32.00 1.00 3.1

including 34.50 35.00 0.50 4.4

70.00 73.00 3.00 0.7

85.00 86.50 1.50 0.8

89.00 98.00 9.00 1.2

including 91.00 92.00 1.00 7.0

129.50 132.00 2.50 1.2

166.00 166.50 0.50 3.8

178.00 183.00 5.00 1.0

201.00 214.00 13.00 0.8

including 202.50 204.00 1.50 2.4

including 213.00 214.00 1.00 4.8

238.50 252.00 13.50 1.4

including 242.00 243.00 1.00 6.4

including 251.00 252.00 1.00 8.5

327.00 337.50 pending

355.00 386.00 pending

GWM21BL-186 32.00 33.00 1.00 0.4

72.00 78.00 6.00 18.8

including 73.00 74.00 1.00 85.3

99.50 101.00 1.50 0.5

107.00 115.50 8.50 1.5

including 110.00 111.50 1.50 3.3

121.50 332.00 pending

GWM21BL-189 12.00 151.00 pending

197.50 200.50 3.00 0.8

208.00 208.85 pending

208.85 250.00 41.15 1.3

including 213.50 214.50 1.00 3.9

221.00 222.00 pending

including 225.00 226.00 1.00 3.9

including 247.50 248.35 0.85 4.0

including 249.00 250.00 1.00 9.3

262.50 264.00 1.50 0.5

268.50 270.00 1.50 0.8

270.00 372.00 pending

** previously reported ; * intersection used 0.42 g/t Au for the bottom cut -off as per pit constrained resource s but is at

likely too much depth . Shown to indicate scope of mineralization; (TW=True Widths, which are calculated – sectional

measuring may give slightly different numbers); True widths are unknown if not noted; VG=Visible Gold; 0.42 g/t Au

was used for the bottom cut -off.

Table 2: Drill Hole Coordinates

Hole ID Azimuth Dip

UTM Total

Depth

(m) Easting Northing

GWM19BL-40 350 -45 653225 5020710 536

GWM20BL-86 140 -45 653617 5021812 222

GWM20BL-89 7 -78 653472 5021543 254

GWM20BL-104 170 -45 653906 5022114 564

GWM20BL-117 315 -45 653717 5021775 303

GWM20BL-119 315 -60 653718 5021774 366

GWM20BL-130 256 -79 653699 5021718 525

GWM20BL-133 312 -76 653699 5021723 399

GWM20BL-136 263 -71.5 653699 5021718 453

GWM20BL-137 270 -82 653684 5021671 480

GWM20BL-140 285 -70 653683 5021671 453

GWM21BL-142 300 -70 653672 5021685 414

GWM21BL-145A 286 -79 653676 5021683 504

GWM21BL-149 286 -45 653675 5021684 348

GWM21BL-151 286 -79 653621 5021652 456

GWM21BL-158 286 -70 653590.6 5021617.8 429

GWM21BL-160 318 -63 653590 5021617 400

GWM21BL-166 300 -60 653670 5021682 357

GWM21BL-168 271 -80 653703 5021719 513

GWM21BL-171 285 -67 653721 5021769 375

GWM21BL-175 286 -67 653763 5021804 372

GWM21BL-178 310 -60 653763 5021804 340.5

GWM21BL-181 286 -67 653789 5021875 356

GWM21BL-183 168 -75 653787 5021877 291

GWM21BL-185 310 -75 653813 5021846 387

GWM21BL-186 150 -45 653683 5021851 365

GWM21BL-189 310 -75 653900 5021914 375

New Brunswick Junior Mining Assistance Program

Galway would like to acknowledge financial support from the New Brunswick Junior Mining Assista nce Program,

which partially funded drilling of the GMZ, Jubilee, and Richard Zones.

Geology and Mineralization

Clarence Stream deposits can be characterized as intrusion -related, quartz-vein hosted gold deposit s. They contain

elevated levels of bismuth and arsenopyrite in multiple quartz veins, with significant antimony in the South and North

Zones and tungsten in the vicinity. The Zones contain multiple zones of quartz veining with sulfides and sericite

alteration. In general, mineralization at Clarence Stream consists of 10 -70% quartz stockworks and veins with 1 -5%

fine pyrite plus pyrrhotite plus arsenopyrite in sericite altered sediments. The South and North Zones also contain

stibnite. Locally there is up to 10% sphalerite and semi -massive galena veinlets. The 3.0 km trend that hosts the GMZ,

Richard and Jubilee Zone s is associated with a mineralized mafic intrusive locally – similar to the South Zone, which

currently hosts most of the property’s last reported gold resources (September 2017). A more complete description of

Clarence Stream’s geology and mineralization can be found at www.galwaymetalsinc.com .

Review by Qualified Person, Quality Control and Reports

Michael Sutton, P.Geo., Director and VP of Exploration for Galway Metals, is the Qualified Person who supervised the

preparation of the scientific and technical disclosure in this news release on behalf of Galway Metals Inc. All core,

chip/boulder samples, and soil samples are assayed by Activation Laboratories, located at 41 Bittern S treet, 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. 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 ins ertion 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 the Company

Galway Metals is well capitalized with two projects in Canada: Clarence Stream, an emerging gold dist rict in New

Brunswick, and Estrades, the former producing, high- grade, gold-rich VMS polymetallic mine in Quebec. The Company

began trading on January 4, 2013, after its successful spinout to existing shareholders from Galway Resources following

the completion of the US$340 million sale of that company. With substantially the same management team and Board of

Directors, Galway Metals is keenly intent on creating similar value as it had with Galway Resources.

Figure 1: Plan Map of the New Zones at Clarence Stream