Galway Metals Reports Clarence Stream Drilling Returns 11.6 g/t Gold Over 4.0 Meters Including 20.7 g/t Over 2.0 Meters
Galway Metals Inc.
82 Richmond Street East, Toronto, Ontario, M5C 1P1
TSXV – GWM
OTCQB – GAYMF
1
NEWS RELEASE
Galway Metals Reports Clarence Stream Drilling Returns 11.6 g/t Gold
Over 4.0 Meters Including 20.7 g/t Over 2.0 Meters
(Toronto, Ontario, July 30, 2025) - Galway Metals Inc. (TSX-V: GWM); OTCQB: GAYMF) (the
"Company" or “Galway”) is pleased to report drill results for 8 diamond drill holes at the Southwest
Deposit in the Company’s 100% -owned flagship Clarence Stream high -grade gold project in New
Brunswick, Canada. The Clarence Stream Gold Project host district-scale potential, with approximately
65-kilometre strike length of highly prospective gold showings and anomalies; and a 2022 MRE of 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 M oz. gold from
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 Hinc hcliffe, President and CEO of Galway, said, “Galway currently has three rigs turning at
Clarence Stream—two at the Southwest Deposit and one at the North Deposit. This drill campaign is
focused on adding near-surface gold ounces, infilling gaps between resource pit shells, and expanding
the known mineralization. Since the start of 2025, we’ve completed 35 holes at the North Deposit,
extending it 350 meters to the north, and drilled 34 holes at the Southwest Deposit, expanding it by 300
meters beyond the 2022 resource model. With a significant number of assays still pending, we expect
strong news flow to continue as we work toward a much larger future resource.”
Highlights (Plan Map)
• BL-266 intersected 11.6 g/t gold over 4.0m including 20.7 g/t gold over 2.0m (Section 1)
• BL-260 intersected 3.0 g/t gold over 10.5m including 8.4 g/t over 3.0m (Section 2)
• BL-259 intersected 1.3 g/t gold over 8.0m
• Ten additional follow-up drill holes are pending assays for this area
Targeted Drilling Connects and Extends High-Grade Gold Zones
The drill holes in this release are in the southwestern portion of the Southwest Deposit. The objective
was to trace high-grade mineralization to surface and tighten spacing between existing intercepts.
Hole BL-266 successfully linked high-grade zones between two earlier holes (BL-152 and BL-172)
and BL-260 and BL-259 intersected gold mineralization below current resource pit shells. This area
will be followed up with tighter spaced (25m) infill holes to bring gold to the surface and add ounces to
a future mineral resource estimate. Ten more drill holes in this area are currently awaiting assays. For
a more comprehensive list of the Southwest Deposit assays, please click the following link (Assay
and Coordinate Table)
Geology and Mineralization
Galway Metals Inc.
82 Richmond Street East, Toronto, Ontario, M5C 1P1
TSXV – GWM
OTCQB – GAYMF
2
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:
Galway Metals Inc.
82 Richmond Street East, Toronto, Ontario, M5C 1P1
TSXV – GWM
OTCQB – GAYMF
3
Robert Hinchcliffe President & Chief Executive Officer
Telephone: 1-800-771-0680
Email: [email protected]
Website: www.galwaymetalsinc.com
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policies of the Toronto Stock Exchange) accepts responsibility for the adequacy or accuracy of this
news release. No stock exchange, securities commission or other regulatory authority has approved or
disapproved the information contained herein.
This News Release includes certain “forward-looking statements” which are not comprised of historical
facts. Forward-looking statements include estimates and statements that describe the Company’s
future plans, objectives or goals, including words to the effect that the Company or management
expects a stated condition or result to occur. Forward-looking statements may be identified by such
terms as “believes”, “anticipates”, “expects”, “estimates”, “may”, “could”, “would”, “will”, or “plan”. Since
forward-looking statements are based on assumptions and address future events and conditions, by
their very nature they involve inherent risks and uncertainties. Although these statements are based on
information currently available to the Company, the Company provides no assurance that actual results
will meet management’s expectations. Risks, uncertainties and other factors involved with forward-
looking information could cause actual events, results, performance, prospects and opportunities to
differ materially from those expressed or implied by such forward-looking information. Forward looking
information in this news release includes, but is not limited to, the Company’s objectives, goals or future
plans, information with respect to the OTCQB listing, DTC eligibility, and broadening U.S. institutional
and retail investors. Factors that could cause actual results to differ materially from such forward-looking
information include, but are not limited to changes in economic conditions or financial markets, political
and competitive developments, operation or exploration difficulties, changes in equity markets, changes
in exchange rates, fluctuations in commodity prices capital, operating and reclamation costs varying
significantly from estimates and the other risks involved in the mineral exploration and development
industry, an inability to predict and counteract the effects of COVID-19 on the business of the Company,
including but not limited to the effects of COVID-19 on the price of commodities, capital market
conditions, restrictions on labour and international travel and supply chains, and those risks set out in
the Company’s public documents filed on SEDAR. Although the Company believes that the
assumptions and factors used in preparing the forward-looking information in this news release are
reasonable, undue reliance should not be placed on such information, which only applies as of the date
of this news release, and no assurance can be given that such events will occur in the disclosed time
frames or at all. The Company disclaims any intention or obligation to update or revise any forward-
looking information, whether as a result of new information, future events or otherwise, other than as
required by law.