# Galway Metals Intersects 8.6 g/t Gold Over 15.0m Including 110.0 g/t Over 1.0m at Southwest Deposit *2026-03-19T07:00:00-04:00* Galway Metals Intersects 8.6 g/t Gold Over 15.0m Including 110.0 g/t Over 1.0m at Southwest Deposit **TORONTO, ON / [ACCESS Newswire](https://www.accessnewswire.com/)/ March 19, 2026 / **Galway Metals Inc. (TSX-V:GWM)(OTCQB:GAYMF) (the "Company" or "Galway") is pleased to report drill results for 9 diamond drill holes at the Southwest Deposit in the Company's 100%-owned flagship Clarence Stream high-grade gold project in New Brunswick, Canada. The Clarence Stream Gold Project hosts district-scale potential, with an approximately 65-kilometre strike length of highly prospective gold showings and anomalies; and a 2022 MRE of 12.4 Mt @ 2.3 g/t Au Indicated for 922,000 oz., and 16.0 Mt @ 2.6 g/t Au Inferred for 1.334 M oz. gold from the NI 43-101 technical report titled "[Technical Report on the Clarence Stream Mineral Resource Project, New Brunswick, Canada](https://pr.report/ju2y)" dated March 31, 2022, by SLR Consulting Ltd. _"Drilling at the Southwest Deposit continues to highlight the strong continuity of gold mineralization across the Clarence Stream Project,"_stated Rob Hinchcliffe, President and CEO of Galway Metals. _"These results extend high-grade mineralization closer to surface and are expected to contribute to our upcoming updated Mineral Resource Estimate scheduled for Q2 2026. With numerous holes still pending assays across the Southwest, North, and South Deposits, we anticipate a steady flow of results as we continue advancing Clarence Stream toward a larger and higher-confidence resource."_ **Highlights**([_Plan Map_](https://pr.report/ju2z)) - BL-308: **8.6 g/t Au over 15.0m, including 110.0 g/t Au over 1.0m** - BL-309: **1.8 g/t Au over 17.0m, including 18.3 g/t over 1.0m**, starting 24.0 meters from surface - BL-310: 0.8 g/t Au over 26.0m, starting 8.0 meters from surface - BL-269: 7.3 g/t Au over 2.0m, including 14.1 g/t Au over 1.0m **Drilling Continues to Extend Near-Surface Gold Mineralization at Southwest Deposit** The nine drill holes reported are in the southwestern portion of the Southwest Deposit (Richard Zone). Drilling was designed to fill gaps within existing resource pit shells and extend mineralization toward surface. On [_Section 1_](https://pr.report/ju30), drill hole BL-308 returned 8.6 g/t Au over 15.0m, including 110.0 g/t Au over 1.0m, 50 vertical metres from surface, extending high-grade mineralization significantly closer to surface. Further northeast along strike, drill holes BL-309 and BL-310, located 110m and 130m from BL-308, intersected additional near-surface mineralization, including 1.8 g/t Au over 17.0m and 0.8 g/t Au over 26.0m, respectively. These intercepts are illustrated on [_Section 2_](https://pr.report/ju31), where mineralization begins within the first 25 metres from surface. Another 230m to the northeast, drill holes BL-268 and BL-269 intersected mineralization linking with intercepts further north, returning 1.3 g/t Au over 3.0m and 7.3 g/t Au over 2.0m, respectively. A step-back hole is planned approximately 25 metres behind BL-268 to test the potential continuation of the steeper high-grade mineralization, as shown on [_Section 3_](https://pr.report/ju32). There are currently 37 drill holes from the Southwest Deposit with pending assays, including 28 holes located near the drill results reported in this release. Additionally, 17 holes from the South Deposit and 34 holes from the North Deposit remain pending assays. For a complete list of Southwest Deposit assays reported in this press release, please refer to the [_Assay and Coordinate Table_](https://pr.report/ju33). **Geology and Mineralization** The Clarence Stream deposits are characterized as intrusion-related, structurally controlled, quartz-vein hosted gold systems. Mineralization consists of quartz veins and quartz stockwork developed within brittle-ductile fault zones, accompanied by crushed and altered wall rock and veinlet material. The mineralized systems occur in intrusive and metasedimentary rocks within high-strain zones controlled by regional fault systems. Mineralization is typically associated with pyrite, base-metal sulphides, and stibnite, along with anomalous concentrations of bismuth, arsenic, antimony, and tungsten. Alteration within host rocks is typically confined to a few metres surrounding quartz veins and is characterized primarily by sericitization and chloritization. A more detailed description of the Clarence Stream geology and mineralization is available at [www.galwaymetalsinc.com](https://pr.report/ju34). **Review by Qualified Person** The scientific and technical information contained in this news release has been reviewed and approved by Jesse Fisher, P.Geo., Project Manager for Clarence Stream and a Qualified Person as defined by National Instrument 43-101. Mr. Fisher certifies that this news release fairly and accurately reflects th