Galway Resources is a well capitalized company, primarily focused on the exploration of gold and coal in Colombia. The company holds a significant land package in California's Colombia Gold Trend. The properties are located less than 1 kilometer south-west of Ventana's La Bodega project, and 3 kilometers from Greystar's Angostura project, and are along strike. Prodeco (Colombian subsidiary of Xstrata) signed an agreement with Galway, whereby they will fund the all drilling at the GALCA coal project. Drilling is currently taking place. Galway has engaged John Tumazos of Very Independent Opinion to commercialize the Victorio molybdenum-tungsten project located in south-western New Mexico, USA.
