Mineralization Over An 850 Meter Strike Length  

TORONTO, ON - Galway Resources Ltd. reported that it has received assay results from 14 additional drill holes from the first phase of its diamond drill exploration program on its California property in Colombia. Highlights include 1.5 meters of 109.5 grams per tonne (g/t) gold (Au) from GWY-19, the closest hole to Galway's eastern boundary with Ventana and the most northeast of drill results the Company has received to date.

Near the most southwest of drill results the Company has received to date, the high grade structures identified in the San Celestino (El Dorado) mine were tested by holes GWY-22, GWY-23 and GWY-25. All three of these holes returned significant gold and silver intercepts, highlights of which include: 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. These results, with previous results located near the middle of the property and in the vicinity of the Pie de Gallo open pit demonstrate that Galway has now identified significant intercepts of high-grade gold mineralization over an 850 meter strike length. Massive 50 and 60 meter silicified zones in holes GWY-11 and GWY-12, located 260 meters northeast of drill hole GWY-10, returned 1.5 meters of 16.4 g/t Au plus 21.0 meters grading 1.1 g/t Au in GWY-11, and 11.0 meters of 3.3 g/t Au plus 5.5 meters grading 3.8 g/t Au in GWY-12. The intersection of 1.5 meters of 109.5 g/t in GWY-19 is currently being followed up by drilling approximately 100 meters further east along the Galway/Ventana property boundary. "The presence of significant mineralization across 850 meters of strike length bodes well for the next phase of drilling in which Galway will shift away from the systematic approach of stepping out to identify structures toward a more focused approach of better delineating and expanding the high grade veins already discovered," said Robert Hinchcliffe, President and CEO. The company's address is 360 Bay Street, Suite 500, Toronto, ON M5H 2V6, 800-475-2412, email: [email protected] .