Galway Resources (GWY.V), a Colombia-focused gold exploration company, on Tuesday announced promising results from six new drill holes at its California project in the north-eastern part of the country. The company said all six holes returned between three and five intercepts of significant gold mineralization and all of the holes returned silver mineralization as well. Galway's California property is located adjacent to Ventana's (VEN.TO) La Bodega project. Earlier this month, Ventana accepted a sweetened C$1.5 billion takeover bid from Brazilian billionaire Eike Batista. [ID:nN14278978] <^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^For Feature on Gold miners in Colombia [ID:ID:nN01263692]
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