Vancouver, British Columbia: May 17, 2006 – Galway Resources Ltd. (GWY: TSX-V) is pleased to announce that, in addition to serving as a Director, Marshall Himes has agreed to join Galway as its Chief Operating Officer. Mr. Himes will be in charge of Galway’s technical team as the Company staffs up. Marshall retired several years ago after serving as the Chief Geologist for advanced projects for BHP worldwide. This role involved evaluating projects at the advanced exploration stage for acquisition, or managing existing advanced projects to move them along to development.
“We look forward to working with a person of Marshall Himes’ caliber. Marshall’s vast experience working with advanced exploration projects, coupled with his intimate knowledge of the Indian Springs Project, bodes extremely well for Galway’s future. Further, having Marshall join Galway after a few years in retirement, speaks scores about the vast potential of the Indian Springs Project.” stated Robert Hinchcliffe, the President and CEO of Galway.
Earlier on in his career, Mr. Himes was the Project Manager at the Indian Springs Property with Utah International beginning in 1977. He was responsible for the day-to-day geologic activities of mapping, sampling, drilling and resource estimates. He also coordinated the metallurgical bulk sampling and worked with the mining engineers in developing a preliminary mine plan at Indian Springs. Mr. Himes received a B.S. in Geology from the University of Washington and an M.S. in Economic Geology from the University of Arizona.
Mr. Himes has been associated with, or managed projects throughout the world and involving a wide range of commodities from base & precious metals to industrial minerals, coal, & oil sands. Just prior to retiring from BHP, Mr. Himes managed a team responsible for resource estimates for the feasibility study of the Ekati Diamond Mine, Northwest Territories.
Marshall’s career as a geologist and manager in the mining industry spans 32 years, primarily in metals exploration. However, Mr. Himes did hold various positions at mines that were in production, which included, among others: Butte-Montana, Pima Mine-Arizona, Island Copper Mine—British Columbia, and the Ok Tedi Mine—Papa New Guinea.
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.