Galway Secures Land Position In Colombia Gold Trend

 

TORONTO - Galway Resources Ltd. reported that it has secured a significant land position in one of the world's most exciting gold trends. Galway has acquired 335.6 hectares (829 acres) of concessions in the California district of northeastern Colombia. The properties are located 1.5 kilometers south-west of Ventana's La Bodega project, and 3.0 kilometers from Greystar's Angostura project, and are along strike.

 Historic data collected by Galway, including 500 geochemical samples, along with detailed mapping from Anaconda and Minercol (a government agency), strongly suggest a continuation of the Ventana-Greystar mineral trend to the southwest onto Galway's concessions.

Small-scale artisanal mining has gone on for hundreds of years within the boundaries of the newly-acquired concessions, and in the surrounding California gold district. Galway's gold team has taken a total of 1,500 samples, which will be reported on.

"Getting a foothold in such a dynamic and exciting gold trend, we believe, is great news for the company. Securing a land package that sits on strike with two major gold projects, and with ample data, will allow us to advance this project in an aggressive fashion," cites Robert Hinchcliffe, President and CEO of Galway Resources.

The company’s address is 360 Bay Street, Suite 500, Toronto, ON M5H 2V6.