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Galway filling the gaps at Clarence Stream

Galway Metals plans further infill drilling to test the continuity of gold mineralisation between three expanding zones at Clarence Stream in New Brunswick, with latest results said to have grown the Jubilee and George Murphy zones flanking the main Richard area.
Galway filling the gaps at Clarence Stream Galway filling the gaps at Clarence Stream Galway filling the gaps at Clarence Stream Galway filling the gaps at Clarence Stream Galway filling the gaps at Clarence Stream

Galway Metals continues to close the gaps at its Clarence Stream project in New Brunswick

Galway says it will infill drill between Jubilee and Richard in a bid to gain a better understanding of the 1km area between the two areas. Four new holes returned a best intersection of 15m grading 9.7 grams per tonne.

Galway is also drilling in the 400m "gap" between Richard and George Murphy.

The company said it had delineated three zones and made another discovery, all adding to a high-grade mineralised strike length of 3.5km.

Laurentian Bank Securities Equity Research estimates Galway has delineated 1.4Moz gold over five known mineralised zones.

Galway has more than C$20 million in the bank and says it is fully-funded to complete  planned drilling through to the end of 2021.

Galway shares (TSXV:GWM) are trading at C$1.18, capitalising the company at $190 million, having got to $2.09 in early August.