(TSXV:GWY)

Galway Resources is a well-capitalized company, primarily focused on the exploration of gold and silver in Colombia. The Company has two drill programs underway at the California and Vetas gold-silver projects, located in northeastern Colombia. At California, with 3 drill rigs operating, the Company has reported 150 holes from surface, comprising over 46,000 meters drilled. At the nearby Vetas gold-silver project, where 2 rigs are drilling underground and a third recently started from surface, results have been reported on 24 holes which represents just over 10,000 meters of drilling. The Company also has the Victorio tungsten-molybdenum project, with excellent infrastructure, located in southwestern New Mexico. A positive scoping study coupled with record high tungsten pricing, has prompted management to reassess strategic alternatives to advance this project.