Galway Metals (TSE:GWM) has released an update.
Galway Metals Inc. has announced significant gold finds at their Clarence Stream Gold Project, including a notable intersection of 19.5 grams per tonne (g/t) gold over 4.2 meters. With the mobilization of a second drill rig, the company aims to expand the high-grade mineralization at the project’s South Deposit, which already boasts an indicated resource of 332,000 ounces of gold at 2.99 g/t and an inferred resource of 325,000 ounces at 4.03 g/t. These developments could potentially enhance the future economic prospects of the project.
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