Monday 24th October 2016

Resource Clips

Galway reports Colombia Gold Assays up to 78.2 g/t over 3.2m

Resource Clips - essential news on junior gold mining and junior silver miningGalway Resources Ltd TSXV:GWY announced drill results from its Vetas gold-silver project in northeastern Colombia. Highlights include

8.4 g/t gold and 82 g/t silver over 2.3 metres
(including 11.3 g/t gold and 149 g/t silver over 1.2 metres)
12.7 g/t gold and 29 g/t silver over 1.1 metres
40.4 g/t gold over 3.5 metres (including 84.8 g/t over 1.3 metres)
6.6 g/t gold over 9.4 metres
13.8 g/t gold and 62 g/t silver over 1 metre
104.3 g/t gold over 1.2 metres
78.2 g/t gold over 3.2 metres (including 248.3 g/t gold over 1 metre)
16.2 g/t gold over 1.2 metres
8.7 g/t gold and 38 g/t silver over 12.9 metres
(including 42 g/t gold and 306 g/t silver over 1.3 metres)
21.6 g/t gold over 1.4 metres
28.3 g/t gold over 4.1 metres
92.2 g/t gold over 1 metre

President/CEO Robert Hinchcliffe stated, “The bonanza-style gold grades we’re seeing at Vetas are exceeding our most optimistic expectations, and new discoveries at depth and to the west of El Volcan expand the mine’s ultimate potential. In addition, the new surface drill rig provides Galway the capacity to explore the many other targets that have been identified through our geophysical and soil, tunnel and trench sampling programs, including the stockwork zone on our side of the common border in which CB Gold Inc TSXV:CBJ made its high-grade discovery located just 50-metres away. Our exploration efforts confirm that the same mineralized intrusive extends on to our property. We continue to be very enthusiastic about the exploration potential at Vetas.”

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Galway Resources Ltd
Investor Relations

by Ted Niles

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