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Galway Metals Announces Update to Insider Purchases
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Galway Metals Announces Update to Insider Purchases
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Shares outstanding: 178.6 million; management/insiders own 21%, institutions own 52%
Highlights
Strong insider ownership at 21%;
Two advanced-stage projects in Canada with drilled resources;
Clarence Stream, New Brunswick first-mover status, 100% control of 65 kilometers (65 km) of strike in emerging gold belt;
Clarence Stream, 2017, NI 43-101 of 390,000 (390k) gold ounces Measured and Indicated (M&I) with 277k gold ounces Inferred;
Clarence Stream resources are in just two of six deposits and all six are open to expansion;
>140,000 meters of historical/recent drilling and adjacent to Mount Pleasant Mill;
Current 100,000-meter drill program with sevel rigs underway at Clarence Stream;
Estrades polymetallic project, Quebec; a 10,000-meter drill program underway;