Galway Metals Stock Price, News & Analysis

Galway Metals (OTCQB:GAYMF) has announced significant processing advancements at its Clarence Stream gold project in New Brunswick, Canada. The company has confirmed a process flowsheet that achieves gold recoveries up to 98% and antimony recoveries up to 84%.

The hybrid Au-Sb cyanidation-flotation process involves recovering soluble gold values to doré bullion through direct cyanidation, followed by cyanide destruction and flotation of remnant Au-Sb values to a low tonnage concentrate. This process is expected to increase overall gold recovery by an average of 15% for samples from the South-West, South, and North zones.

The company continues resource development with three active drill rigs and has received financial support from the New Brunswick Junior Mining Assistance Program of up to $50,000 for exploration drilling in 2025.

Galway Metals (OTCQB:GAYMF) has reported significant drilling results from its 100%-owned Clarence Stream gold project in New Brunswick, Canada. The company announced notable intersections including 11.6 g/t gold over 4.0m (including 20.7 g/t gold over 2.0m) and 3.0 g/t gold over 10.5m from the Southwest Deposit.

Currently operating with three drilling rigs, Galway has completed 35 holes at the North Deposit, extending it by 350 meters, and 34 holes at the Southwest Deposit, expanding it by 300 meters beyond the 2022 resource model. The project's 2022 Mineral Resource Estimate shows 922,000 oz of Indicated resources (12.4 Mt @ 2.3 g/t Au) and 1.334M oz of Inferred resources (16.0 Mt @ 2.6 g/t Au).

Galway Metals (OTCQB:GAYMF) announced continued share purchases by its President, CEO and Director Robert Hinchcliffe. In 2025, Hinchcliffe acquired 780,000 common shares at an average price of $0.475 per share. This follows his previous acquisitions of over 1 million shares in 2024 and 1.6 million shares in 2023.

Following these transactions, Hinchcliffe now owns 8,530,746 common shares, representing approximately 8% of Galway Metals' total outstanding shares.

Galway Metals (OTCQB:GAYMF) has announced the initiation of a Preliminary Economic Assessment (PEA) for its 100% owned Estrades Polymetallic VMS project in Quebec, Canada. The company has engaged BBA E&C Inc. to conduct the PEA, expected to be completed in Q4 2025.

The project contains significant resources including 1.75M tonnes of indicated resources grading 2.86 g/t Au, 5.76% Zn, 0.97% Cu, 94.4 g/t Ag, and 0.48% Pb, plus 2.68M tonnes of inferred resources at 1.81 g/t Au, 4.75% Zn, 0.86% Cu, 77.4 g/t Ag, and 0.28% Pb. The project, previously mined in 1990-91, saw CAD$20 million in historical development by Breakwater Resources Ltd.

Galway Metals (OTCQB:GAYMF) has reported significant drilling results from its Clarence Stream Gold Project in New Brunswick, Canada. The company announced notable intersections including 6.4 g/t gold over 5.2 meters at the North Deposit, extending mineralization 300 meters beyond the 2022 resource boundary.

The project currently holds 922,000 oz of Indicated resources (12.4 Mt @ 2.3 g/t Au) and 1.334 Moz of Inferred resources (16.0 Mt @ 2.6 g/t Au). To accelerate exploration, Galway is mobilizing a third drill rig in July, focusing on near-resource exploration and infill drilling to support a future resource update.

The company aims to increase the North Deposit resource by 100% to 200%, with results showing promising antimony values, a critical metal with strategic importance.

Galway Metals (GAYMF) reported significant gold intercepts from 8 diamond drill holes at its Clarence Stream project in New Brunswick, Canada. Key findings include intersections of 2.1 g/t Au over 36.0m (including 3.0 g/t Au over 21.0m) in hole CL-222, and 2.8 g/t Au over 13.5m in CL-223. The project currently has an Indicated resource of 922,000 oz (12.4 Mt @ 2.3 g/t Au) and Inferred resource of 1.334M oz (16.0 Mt @ 2.6 g/t Au). The company has 47 holes pending assays across multiple deposits and continues drilling with two rigs. The results confirm a fold structure north of the Southwest Deposit, suggesting potential for additional high-grade mineralization. All reported intercepts lie outside the current resource estimate and remain open for expansion.

Galway Metals (GAYMF) has reported improved metallurgical test results from its Clarence Stream gold project in New Brunswick. The company achieved gold extraction rates of 89-95% in low-antimony samples and 85-94% in high-antimony mineralization using a new hybrid cyanidation-flotation process. Additionally, antimony recoveries of 55-85% were achieved. The Clarence Stream project contains over 25 million pounds of antimony, which has seen prices surge from $5 to $15 per pound due to Chinese export restrictions. The project hosts significant resources with 922,000 ounces of gold Indicated (12.4 Mt @ 2.3 g/t Au) and 1.334M ounces Inferred (16.0 Mt @ 2.6 g/t Au). The company is currently operating two drilling rigs to expand resources while improving metallurgical recoveries.

Galway Metals (GAYMF) has reported significant drilling results from its Clarence Stream gold project in New Brunswick, Canada. The company has extended gold mineralization by 300 meters at the Southwest Deposit and 350 meters at the North Deposit.

Key drilling highlights include intersection of 3.4 g/t gold over 5.0m (including 11.1 g/t gold over 1.0m) and 3.1 g/t gold over 2.9m (including 13.2 g/t over 0.5m) at the Southwest Deposit. The project currently holds a 2022 Mineral Resource Estimate of 922,000 oz (12.4 Mt @ 2.3 g/t Au) in Indicated category and 1.334M oz (16.0 Mt @ 2.6 g/t Au) in Inferred category.

The company has 12 additional holes pending assays from the Southwest Deposit area and 23 drill holes pending from the North Deposit, where visible gold has been observed at 43.4 meters in hole ND-21.

Galway Metals reported positive metallurgical results from its Clarence Stream Gold Project in New Brunswick, achieving up to 88% gold recoveries at the SW Deposit, which represents 70% of total gold ounces. The project contains a 2022 Mineral Resource Estimate of 12.4 Mt @ 2.3 g/t Au Indicated (922,000 oz) and 16.0 Mt @ 2.6 g/t Au Inferred (1.334M oz).

The company is conducting ongoing metallurgical work to optimize gold recoveries and capture antimony as a bi-product, with Clarence Stream containing over 25 million pounds of antimony. The 2024 testing confirmed direct cyanidation yielding 84-88% Au extraction at low antimony grades, while gravity concentration and flotation achieved 71-93% antimony recovery.

Galway added a second drill rig targeting the North Deposit, plans to add a third rig in April for new discoveries, and aims to update the resource in early 2026.