Intersects 78.4 g/t Au Over 3.0m In New Brunswick
Galway Metals Inc. (TSXV:GWM) believes it is on an emerging new gold district with promising drill results from the northern veins of the George Murphy Zone (GMZ) and from the nearby Adrian Zone at the Clarence Stream Gold Project in New Brunswick.
The company said the northern GMZ veins appear to be connecting to the Adrian Zone to give a combined horizontal strike length of 450m to date.
Hole CL20-84, for which visible gold (VG) was previously reported but no assays were received, returned 64.6 g/t Au over 0.5m within a broader intersection of 3.0 g/t Au over 15.5m, located 35m east of previously-reported hole CL20-50 (4.8 g/t Au over 34.0m, including 20.2 g/t Au over 7.0m).
New hole CL21-51 returned 9.0 g/t Au over 7.4m, including 20.3 g/t Au over 1.5m and 19.9 g/t Au over 1.5m, located 79m west of hole CL20-50. New hole CL21-53 returned 3.0 g/t Au over 30.5m, including 26.5 g/t Au over 3.0m. Other new intersections between the veins to the north of the GMZ and the Adrian Zone include 1.3 g/t Au over 41.5m, 2.1 g/t Au over 7.5m, 2.9 g/t Au over 7.75m, 2.2 g/t Au over 9.0m and 1.7 g/t Au over 13.8m.
Two new veins were also discovered in hole CL21-51, returning 70.3 g/t Au over 1.5m, including 104.2 g/t Au over 1.0m; plus 7.2 g/t Au over 1.5m, located 115m north of the 9.0 g/t Au over 7.4m intersect discussed above and 290m west of the western-most intersection of the Adrian Zone. These two new veins are near the interpreted location of the Sawyer Brook Fault and extends the depth of the GMZ/Adrian Zones by 50m to 385m.
The previous deepest significant intersects were in hole BL20-88, which extended mineralisation on the west side of the GMZ to 321m and 335m with 6.5 g/t Au over 14.05m and 4.9 g/t Au over 2.35m, respectively.
High grades continue to be returned from the new Adrian Zone, with hole CL21-89 returning 78.4 g/t Au over 3.0m, including 313.0 g/t Au over 0.5m, and 147.0 g/t Au over 0.5m. This intersect is located 7m above the 24.3 g/t Au over 6.55m (previously-released as 33.7 g/t over 4.7m) in hole CL20-81 and 28m northeast of the Discovery Hole intersect in hole CL20-65 that returned 13.4 g/t Au over 12.95m.
Abundant visible gold in hole CL21-92 extended the Adrian Zone 16m east of the same zone in hole CL-20-82, which returned 1.5 g/t Au over 14.6m (previously reported as 1.5 g/t Au over 13.9m).
“The new northern GMZ veins and Adrian Zone discoveries continue to expand and are open in every direction; all zones at Clarence Stream remain open for expansion in all directions,” Robert Hinchcliffe, President and CEO of Galway Metals said.
“The Adrian Zone now looks to be 450m in strike length, which represents a substantial increase from 102m before the current drill results connected it with the GMZ north veins. The width of the zone remains at 266m, excluding the new GMZ/Adrian veins to the north. These new veins are starting to be drilled with very nice 104.2 g/t, 313.0 g/t, and 147.0 g/t gold assays received.
The four highest-grade gold assays received from drilling at Clarence Stream, and nine of the top 12 have been returned from the three new zones discovered by Galway – the Adrian, GMZ and Richard,” Mr Hinchcliffe said.
