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Galway identifies high-grade gold mineralization over an 850 meter strike length at California in Colombia

^{Published on 2010-07-22 13:10:42 - Market Wire}
 

 - GWY-22 returned 11.0 meters grading 9.9 g/t Au and 145.3 g/t silver (Ag), including 3.3 meters of 30.4 g/t Au and 441.6 g/t Ag; - GWY-23 returned 7.2 meters grading 7.6 g/t Au, including 3.0 meters of 14.3 g/t Au, 164.0 g/t Ag and 2.7% zinc (Zn); - GWY-25 returned 3.0 meters grading 24.6 g/t Au and 254.5 g/t Ag, including 1.5 meters of 47.1 g/t Au and 430.0 g/t Ag. 

 HIGHLIGHTS OF THE LATEST DRILL RESULTS ------------------------------------------------------------------------- From To Interval Hole No. Azimuth Dip (m) (m) (m) Au g/t Notes ------------------------------------------------------------------------- GWY-10 5 -65 33.5 122.5 89.0 3.2 Previously reported (May10) Including 88.0 97.0 9.0 23.1 267.0 g/t Ag Including 91.0 94.0 3.0 50.0 383.0 g/t Ag, 1.4% Cu, and 8% Zn ------------------------------------------------------------------------- GWY-11 180 -51 235.5 237.0 1.5 16.4 240.0 243.0 3.0 2.6 264.0 285.0 21.0 1.1 304.5 310.5 6.0 1.2 58.2 g/t Ag ------------------------------------------------------------------------- GWY-12 180 -51 145.95 157.0 11.0 3.3 Including 148.95 151.85 2.9 7.2 214.5 217.5 3.0 1.8 20.2 g/t Ag 240.0 245.50 5.5 3.8 Including 242.0 244.0 2.0 8.4 ------------------------------------------------------------------------- GWY-14 195 -45 235.0 239.5 4.5 1.3 24.2 g/t Ag 254.5 257.5 3.0 1.6 260.5 266.5 6.0 2.9 280.0 289.0 9.0 3.2 67.3 g/t Ag Including 287.5 289.0 1.5 7.5 170.0 g/t Ag ------------------------------------------------------------------------- GWY-17 165 -45 24.0 28.6 4.6 4.3 99.00 107.1 8.1 1.5 15.2 g/t Ag 118.5 126.0 7.5 1.4 15.4 g/t Ag ------------------------------------------------------------------------- GWY-19 180 -60 195.0 210.0 15.0 0.8 220.5 222.0 1.5 109.5 42.5 g/t Ag ------------------------------------------------------------------------- GWY-20 165 -75 28.5 31.50 3.0 1.3 141.0 147.0 6.0 2.8 184.5 186.0 1.5 1.4 ------------------------------------------------------------------------- GWY-22 160 -45 42.0 53.0 11.0 9.9 145.3 Ag; hit mine at 56 m Including 45.3 48.6 3.3 30.4 441.6 g/t Ag ------------------------------------------------------------------------- GWY-23 160 -60 46.0 53.2 7.2 7.6 62.4 g/t Ag Including 46.0 49.0 3.0 14.3 164.0 g/t Ag and 2.7% Zn ------------------------------------------------------------------------- GWY-25 160 -75 83.5 85.0 1.5 7.6 112.0 136.0 PENDING 184.0 187.0 3.0 2.7 192.0 195.0 3.0 24.6 254.5 g/t Ag Including 192.0 193.5 1.5 47.1 430.0 g/t Ag -------------------------------------------------------------------------