Galway Metals Intersects Thickest Gold Interval at Clarence Stream to Date: 1.1 g/t Gold over 88.0 Meters

Executive Summary

• Galway Metals reported significant gold intercepts from two diamond drill holes (CL‑232 and CL‑230) at the Southwest Deposit of its Clarence Stream project.
• The widest continuous mineralized interval to date was 1.1 g/t Au over 88 m (CL‑232), with multiple high‑grade zones near surface (<100 m).
• Assays for deeper portions of the holes and additional drill holes are pending, indicating potential for further resource expansion and upgrade.

Key Details

• Hole CL‑232: Intersected 1.1 g/t Au over 88.0 m (185.0–273.0 m), including:
• 10.0 g/t Au over 1.0 m
• 7.5 g/t Au over 2.0 m
• Assays pending for the interval 281.0–400.0 m; visible gold observed at 331.4 m.
• Hole CL‑230: Intersected 4.3 g/t Au over 5.0 m, comprising several high‑grade sub‑intervals:
• 14.8 g/t Au over 1.0 m
• 7.9 g/t Au over 3.0 m (including 20.9 g/t Au over 1.0 m)
• 1.4 g/t Au over 7.0 m (including 6.3 g/t Au over 1.0 m)
• All high‑grade intercepts are within 100 vertical meters of the surface, supporting open‑pit potential.
• Follow‑up hole CL‑233 drilled to extend mineralization up‑dip from CL‑232; assays pending.
• Galway has intersected visible gold in five additional drill holes across Southwest and North Deposits (details in linked assay table).
• The 2022 Mineral Resource Estimate (MRE) for Clarence Stream:
• Indicated: 12.4 Mt @ 2.3 g/t Au = 922,000 oz
• Inferred: 16.0 Mt @ 2.6 g/t Au = 1.334 M oz (NI 43‑101).
• Drilling program aims to test continuity within existing pit resource shells and explore extensions beyond known resources.
• Quality control: Samples assayed by four ISO/IEC 17025‑accredited labs; fire assay with gravimetric finish for Au; QA/QC includes blanks, standards, duplicates (1 per 20 samples) and ~5% check assays at a second lab. Core recovery in mineralized zones averaged 99%.
• Financial support: Up to $50,000 from the New Brunswick Junior Mining Assistance Program for 2025 exploration drilling.

Notable Quotes

“Intersecting the thickest gold interval to date at Clarence Stream highlights the scale and continuity we are starting to unlock across the project… With continued drilling success … we believe Clarence Stream is on track to demonstrate the kind of scale and quality that can attract significant attention in the gold sector.” – Rob Hinchcliffe, President & CEO

All forward‑looking statements are subject to risks and uncertainties as described in the release.