The 160 km2 Galway Gold property is part of the Dalradian Supergroup metasediments located in the mining friendly jurisdiction of the Republic of Ireland, situated 45 km north-west of the city of Galway and 4 hours driving time from Dublin. The Galway Gold property has been targeted for orogenic and low-sulphidation mineralization based on a number of key features.
Located within the Caledonian (Lower Paleozoic) orogenic zone
Favorable lithologies for metal precipitation (chemical traps) within the Dalradian Supergroup metasediments, e.g., graphitic schist, marble
Fertile source rocks for gold, i.e., arc volcanics
Numerous large-scale fault zones, shears, and cross-cutting faults
Evidence for post-collision rifting and volcanism in the Silurian/Devonian in Ireland and neighbouring terranes
Known gold occurrences related to shear zones as well as late cross-cutting fault structures, some of which are suggestive of near-surface boiling
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Two types of potential gold targets lie within the Galway area. Orogenic lode-gold (a subtype of the mesothermal lode-gold class), and epithermal gold.
Orogenic lode-gold targets are characterized by cross-cutting quartz-carbonate ± sulphide veins, typically in shear zones, that formed by regional scale fluid flow due to orogenesis and the accompanying metamorphic dewatering (Goldfarb et al., 2001). Epithermal deposits are near-surface Au-Ag deposits almost exclusively associated with volcanic centers relating to arc volcanism.
*PL 2646 & 3101 have been surrendered.
May 2015 - Fieldwork
The Lee occurrence high grade in situ gold values with overlapping soil results with located mineralization (galena, pyrite and minor chalcopyrite).
Float samples as high as 195 g/t Au and 240 g/t Ag
Similar boulders as high as 195 g/t Au
Stream sample values up to 113 ppb Au
In Situ Results
1.5 g/t Au to 66 g/t Au
141.4 g/t Ag
The Dooros occurence hosts a 3000' anomalous Au zone with copper gold occurrence with strike lengths of up to 120' averaging 1.1% Cu and 5.6 g/t Au.
10.1 g/t au in pyrite veinlets
5.06 g/t au massive pyrite with minor quartz
2.37 g/t au heavily min (py) quartz vein (30%) running through quartzite with minor cross-cutting sulphide veinlets and pyrite disseminations; moderate oxidization
Massive sulphides: Max values of 0.5% Cu, 22.5% Pb, 5.2% Zn, 1 g/t Au, Ag present in a NNW trending vein
0.19% Cu, 19.95% Pb, 1.15% Zn, 2.2 g/t Au massive galena, pyrite, minor quartz
0.46% Cu, 19.95% Pb, 5.6% Zn, 0.83 g/t Au
Breccia zone with Pb, Zn and Ba
Max values of 18.3% Pb, 9.7% Zn and 0.1 g/t Au
Potential extension of Maameen Trend
5.3m @ 0.03% WO3 and max 0.6% Cu
Pyrite and minor chalcopyrite, max 0.35% Cu
Fracture hosted pyrite and minor chalcopyrite
2.7% Cu with Po, minor sheetlite and Mo
Fracture and stratabound pyrite and chalcopyrite
4.5 g/t Au present in veins
June 2017 - Due Diligence
Detailed compilation of historic data updated into digital formats
Systematic approach to locate and assess geochemical pathfinder elements
Prospecting, sampling, and mapping of entire property
Bulk overburden sampling and heavy mineral concentrate preparation on the Lee, Dooros, and Glenlusk targets
Drill target generation
Atypical Gold Mineralization in an Orogenic Setting
BBC: The potential £11bn goldmine on the Irish border
Minerals Ireland - Exploration & Mining Division