|May 24, 2006|
Bob Morrell Joins Galway as Vice President of Project Development
|Vancouver, British Columbia: May 24, 2006 - Galway Resources Ltd. (GWY: TSX-V) ("Galway") is pleased to announce that Bob Morrell has joined Galway Resources as Vice President of Project Development. Mr. Morrell will be in charge of the day to day activities at Indian Springs, and will report directly to Marshall Himes the Chief Operating Officer of Galway Resources. |
"I am very pleased to have Bob join Galway Resources in the capacity of V.P. Project Development. Bob is a needed addition to the management team as we move ahead with the field program of drilling, resource delineation, and metallurgical testing on the Indian Springs tungsten project. Bob brings with him the valuable skills developed after many years of exploration, development, and mine operations experience in North & South America. Consequently, he is well qualified to manage Galway's team of professionals toward the goal of advancing Indian Springs toward the pre-feasibility stage by year- end." stated Marshall Himes, the COO of Galway.
Mr. Morrell comes to Galway Resources with over twenty-seven years experience in the mining industry. He began his career as an exploration geologist in 1979 and spent fifteen years exploring for molybdenum and gold in Alaska, Nevada, southern California and Mexico for Amax Exploration and its successors, Amax Gold and Cyprus-Amax. He has made major contributions towards discovery and development of new deposits at True North in Alaska and at the Guanaco Mine in Chile. Since 1984, he has held positions at open-pit mines for Kinross Gold in Alaska and at underground mines for Queenstake Resources at Jerritt Canyon in Nevada. During this period, which spanned the construction phases of the Fort Knox and True North mines, he was responsible for various aspects of mine geology, reserve estimation, resource expansion and district-wide exploration. Mr. Morrell graduated from Stanford University in 1978 with a B.S. in Geology and M.S. in Petrology.
For further information contact:
Galway Resources Ltd.
President and Director
The TSX Venture Exchange has in no way passed upon the merits of the proposed transaction and has neither approved nor disapproved the contents of this news release.
Forward Looking Statements:
Some statements in this news release contain forward-looking information. These statements include, but are not limited to, statements with respect to the completion of transactions, the timing and amount of payments and share issuances, the completion of financings, the use of proceeds, future exploration, development and production activities and future expenditures. These statements address future events and conditions and, as such, involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the statements. Such factors include, among others, the ability to complete contemplated transactions, payments, share issuances and financings, the use of proceeds, the time and success of future exploration, development and production activities and the timing and amount of expenditures.
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