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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; Current 100,000-meter drill program with sevel rigs underway at Clarence Stream; Estrades polymetallic project, Quebec; a 10,000-meter drill program underway; ....
(0) TORONTO, ON / ACCESSWIRE / April 19, 2021 / Galway Metals Inc. (TSXV:GWM) (the Company or Galway ) is pleased to announce the first results from its 2021 drill program at its Estrades property in the Northern Abitibi of western Quebec (Figure 1). Three drills began a 10,000m programme in mid January targeting the 3 primary horizons of mineralization - the former producing, high grade Estrades volcanogenic massive sulphide (VMS) mine, the Newiska VMS horizon to the south, and the Casa Berardi Break horizon (Au) to the north. The property is immediately adjacent to, and west of the Agnico Eagle / Maple Gold Joint Venture, which hosts 2.8 million ounces of gold resources and where Agnico has agreed to spend $18 million on exploration during the next 4 years. The property is also 24 km east of Hecla Mining s Casa Berardi gold mine (currently producing; 6.2 million ounces of gold between total production and current reserves and resources). ....
Galway Metals Intersects 10.7 g/t Au, 22.8% Zn, 423 g/t Ag, 2.8% Cu, and 2.6% Pb Over 2.7 Metres at Its Estrades Project in Quebec theusnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theusnews.com Daily Mail and Mail on Sunday newspapers.
Galway Metals Intersects 10.7 g/t Au, 22.8% Zn, 423 g/t Ag, 2.8% Cu, and 2.6% Pb Over 2.7 Metres at Its Estrades Project in Quebec saltlakecitysun.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from saltlakecitysun.com Daily Mail and Mail on Sunday newspapers.
Galway Metals Reports 78.4 g/t Au over 3.0m, 9.0 g/t Au over 7.4m, 3.0 g/t Au over 30.5m and a New Vein Discovery of 70.3 g/t Au over 1.5m at Clarence Stream saltlakecitysun.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from saltlakecitysun.com Daily Mail and Mail on Sunday newspapers.