# Clarence Stream Drilling Intersects 7.1 g/t gold over 10.0m Including 13.2 g/t over 5.0m at Southwest Deposit *2026-01-28T07:00:00-05:00* Clarence Stream Drilling Intersects 7.1 g/t gold over 10.0m Including 13.2 g/t over 5.0m at Southwest Deposit **TORONTO, ON / [ACCESS Newswire](https://www.accessnewswire.com/)/ January 28, 2026 / **Galway Metals Inc. (TSXV:GWM)(OTCQB:GAYMF) (the "Company" or "Galway") is pleased to report drill results for 7 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/i35c)" dated March 31, 2022, by SLR Consulting Ltd. _"High grade and fairly wide gold intercepts like these, excite the Management team at Galway Metals, as we continue to build our flagship open pit resource," _said Rob Hinchcliffe, President and CEO of Galway._"That continuity is important as we step beyond the edges of our current resource and assess how much additional mineralization can be captured with further drilling. With gold prices hitting record highs, the opportunity to grow high-quality ounces in a shallow setting has never been more compelling. Our drilling is designed not just to confirm continuity, but to build confidence in new resource potential, and these results reinforce the rationale for advancing Clarence Stream on multiple fronts."_ **Highlights**([_Plan Map_](https://pr.report/i35d)) - CL-234 intersected **7.1 g/t gold over 10.0m including 13.2g/t gold over 5.0m**_(_[_Section 1_](https://pr.report/i35e)_)_ - CL-237 intersected **2.7 g/t gold over 12.0m including 11.4 g/t gold over 2.0m**; **2.4 g/t over 11.0m including 10.4 g/t over 1.0m; and 2.3 g/t over 5.0m **_(_[_Section 2_](https://pr.report/i35f)_)_ - CL-232 intersected **7.9 g/t gold over 3.0m including 22.0 g/t gold over 1.0m **_(_[_Section 3_](https://pr.report/i35g)_)_ _This hole had a previously released intersect of 1.1 g/t gold over 88.0m_ - CL-233 intersected 1.5 g/t gold over 9.0m; and 1.0 g/t gold over 9.0m **Drilling Links High-Grade Gold Zones from Depth to Surface** The seven drill holes reported in this release located in the northeastern area of the Southwest Deposit (George Murphy Zone). The primary objective of the program was to connect deeper gold mineralization from the margins of the 2022 resource pit shells to near surface and expand mineralization beyond the current resource footprint. Drill holes CL-236 and CL-237 intersected multiple gold zones both within and outside the existing pit shells, successfully bringing mineralization to surface and extending mineralized zones to the west, outside the 2022 resource. Drill holes CL-234 and CL-235 further confirmed continuity by linking deeper zones to shallow mineralization on approximately 50-metre spacing. Additional results from drill hole CL-232, which previously returned 88.0 metres of 1.1 g/t Au, included a high-grade interval of 3.0 metres of 7.9 g/t Au, including 1.0 metre of 22.0 g/t Au. Follow-up drill hole CL-233, completed on 25-metre spacing, intersected 9.0 metres of 1.0 g/t Au and 7.0 metres of 1.5 g/t Au, further supporting continuity in this area. There are currently 48 drill holes from the Southwest Deposit with pending assays, including 11 holes located near the drill results reported in this release. These results are expected to be released in the coming weeks and months. For a complete list of Southwest Deposit assays, please refer to the [Assay and Coordinate Table](https://pr.report/i35h). **Geology and Mineralization** The Clarence Stream deposits can be characterized as intrusion-related, structurally controlled, quartz-vein hosted gold deposits. These deposits consist of quartz veins and quartz stockwork within brittle-ductile fault zones that include adjacent crushed, altered wall rocks and veinlet material. The mineralized systems are hosted in intrusive and metasedimentary rocks within high strain zones controlled by regional fault systems. Pyrite, base metal sulphides, and stibnite occur in these deposits along with anomalous concentrations of bismuth, arsenic, antimony and tungsten. Alteration in the host rocks is confined within a few metres of quartz veins and occurs mainly in the form of sericitization and chloritization. A more complete description of Clarence Stream's geology and mineralization can be found at [www.galwaymetalsinc.com](https://pr.report/i35u). **New Brunswick Junior Mining Assistance Program** Galway would like to acknowledge financial support from the New Brunswick Junior Mining Assistan