TORONTO - Galway Metals Inc. (TSX-V: GWM) (OTCQB: GAYMF) (the 'Company' or 'Galway') is pleased to report drill results that expand the Adrian Zone in the central gap area to the east, and the overall zone to the SE, and additional results within the eastern portion of the George Murphy Zone where the Company recently reported a 50% expansion at its Clarence Stream property in southwest New Brunswick, Canada.

Adrian Zone: expanded 44m east in the central part of the deposit with partial results from hole CL-122, which returned 38.6 g/t Au over 7.5m (open). Also being released are the first assay results from hole CL-116, which was previously reported to contain visible gold (VG) that expanded Adrian 49m to the SE (July 26, 2021). Partial results from hole CL-116 returned 48.2 g/t Au over 0.5m within 12.9 g/t Au over 2.0m (open).

George Murphy Zone (GMZ): returned 10.2 g/t Au over 6.0m, and 0.7 g/t Au over 21.6m in holes CL-120 and CL-119, respectively. Most assays are pending for both of these holes. The holes were drilled within the eastern portion of the GMZ where Galway recently reported a 50% expansion to more than 1.1km with holes CL-75 and CL-109. Hole CL-75 was a 400m wildcat stepout that was drilled to test the eastern edge of the soil anomaly that originally led to the discovery of the GMZ. This hole returned 9.4 g/t Au over 0.5m. Galway then drilled hole CL-109, which was approximately centered between the 400m stepout hole and the previous eastern limit of the zone. Hole CL-109 returned 1.7 g/t Au over 10.0m. Today's results further demonstrate the strong mineral potential of this eastern expansion area of the GMZ.

'Intersecting such consistently high grades with three samples returning over 100 g/t Au within the 38.6/7.5m intersect is yet another example of just how robust the expansion potential at Clarence Stream remains. Underscoring this view is that all 7 deposits at Clarence Stream remain open in every direction. Further upside is present in the district-scale potential that we envision for Galway's 65km long, 60,000-hectare land position,' cites Robert Hinchcliffe, President and CEO of Galway Metals.

About the Company

Galway Metals is well capitalized with two projects in Canada: Clarence Stream, an emerging gold district in New Brunswick, and Estrades, the former producing, high-grade, gold-rich VMS polymetallic mine in Quebec. The Company began trading on January 4, 2013, after its successful spinout to existing shareholders from Galway Resources following the completion of the US$340 million sale of that company. With substantially the same management team and Board of Directors, Galway Metals is keenly intent on creating similar value as it had with Galway Resources.

Contact:

Robert Hinchcliffe

Tel: 1-800-771-0680

Email: info@galwaymetalsinc.com

Web: www.galwaymetalsinc.com

CAUTIONARY STATEMENT

This news release contains forward-looking information which is not comprised of historical facts. Forward-looking information involves risks, uncertainties and other factors that could cause actual events, results, performance, prospects and opportunities to differ materially from those expressed or implied by such forward-looking information. Forward-looking information in this news release includes statements made herein with respect to, among other things, the Company's objectives, goals or future plans, potential corporate and/or property acquisitions, exploration results, potential mineralization, exploration and mine development plans, timing of the commencement of operations, and estimates of market conditions. Factors that could cause actual results to differ materially from such forward-looking information include, but are not limited to, exploration results being less favourable than anticipated, capital and operating costs varying significantly from estimates, delays in obtaining or failures to obtain required governmental, environmental or other project approvals, political risks, uncertainties relating to the availability and costs of financing needed in the future, changes in equity markets, inflation, changes in exchange rates, fluctuations in commodity prices, delays in the development of projects, risks associated with the defence of legal proceedings and other risks involved in the mineral exploration and development industry, as well as those risks set out in the Company's public disclosure documents filed on SEDAR. Although the Company believes that management's assumptions used to develop the forward-looking information in this news release are reasonable, including that, among other things, the Company will be able to identify and execute on opportunities to acquire mineral properties, exploration results will be consistent with management's expectations, financing will be available to the Company on favourable terms when required, commodity prices and foreign exchange rates will remain relatively stable, and the Company will be successful in the outcome of legal proceedings, undue reliance should not be placed on such information, which only applies as of the date of this news release, and no assurance can be given that such events will occur in the disclosed time frames or at all. The Company disclaims any intention or obligation to update or revise any forward-looking information contained herein, whether as a result of new information, future events or otherwise, except as required by applicable securities laws.

(C) 2021 Electronic News Publishing, source ENP Newswire