Galway Resources Ltd TSXV:GWY announced assays from its California Property in Colombia. Highlights include 8.1 g/t gold over 16.5 metres (including 80 g/t over 1.5 metres), 0.7 g/t over 18 metres, 176.2 g/t over 4 metres (including 350 g/t over 2 metres), 3.2 g/t over 15 metres (including 11.5 g/t over 3 metres), 1.6 g/t over 10 metres, 1.5 g/t over 12 metres, 1 g/t over 10.5 metres, 1.2 g/t over 22 metres and 1.6 g/t over 14 metres.
President/CEO Robert Hinchcliffe commented, “While we knew the structure that hosts Ventana’s 3.5 million ounce and Greystar’s 9.8 million ounce deposits immediately to the northeast cuts through Galway’s property for one kilometre, we hadn’t yet connected the three zones discovered to date on Galway’s property. Hole 76 reinforces our interpretation of one continuous mineralized corridor. Moreover, the high grade, coupled with the lower grade we’ve also been discovering bodes well for future open pit and/or underground development scenarios.”
View Company Profile
by Ted Niles