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Galway Metals Inc. reports exploration and development updates for its Canadian mineral projects, led by the 100%-owned Clarence Stream high-grade gold project in southwest New Brunswick. Recurring news centers on diamond drilling at the South and Southwest deposits, gold and gold-antimony assay results, district-scale geophysical surveys, and work tied to Clarence Stream's NI 43-101 mineral resource and broader 65-kilometre mineralized trend.
Company updates also cover Galway's 90% participating interest in the Estrades Project, a former producing gold-rich polymetallic VMS mine in western Québec, along with exploration leadership, stock option grants, investor relations arrangements, and other public-company matters tied to its TSX Venture and OTCQB traded shares.
Galway Metals (OTCQB:GAYMF, TSX-V:GWM) has filed on SEDAR+ an independent NI 43-101 technical report supporting the updated Mineral Resource Estimate for its 100%-owned Clarence Stream Gold Project in southwestern New Brunswick. According to Galway Metals, the report, effective May 29, 2026, was prepared by SLR Consulting (Canada) and shows no material differences from the July 13, 2026 resource disclosure. The report is available on the company’s website and SEDAR+. The scientific and technical information was reviewed and approved by Jesse Fisher, P.Geo., the Qualified Person. Galway also highlights its 90% interest in the Estrades Project in Quebec, where DOWA holds 10% with an option to earn up to 45%.
Galway Metals (OTCQB:GAYMF, TSXV:GWM) has entered into a month-to-month consulting agreement dated August 21, 2026 with Simone Capital Corp. to provide investor relations and capital markets advisory services, including roadshows, investor meetings, outreach, campaigns, social media, webinars and related advisory support.
According to Galway Metals, Simone Capital will receive a cash fee of C$6,500 per month plus taxes starting August 24, 2026, with no securities or equity-based compensation. The agreement is arm's length, may be terminated at any time by either party, will be filed with the TSXV and remains subject to TSXV acceptance. Galway Metals also highlights its Clarence Stream and Estrades mineral projects in Canada.
Galway Metals (OTCQB:GAYMF) reported new assay results from 14 diamond drill holes at the Southwest Deposit of its 100%-owned Clarence Stream Gold Project in New Brunswick. Key intercepts include hole BL-328 with 2.0 g/t Au over 68.0 metres, followed 7 metres downhole by 1.0 g/t Au over 52.0 metres, and BL-311 with 3.3 g/t Au over 23.0 metres plus multiple additional mineralized intervals.
According to Galway Metals, the drilling both infills the current Mineral Resource and tests extensions at depth and along strike. Clarence Stream’s 2026 Mineral Resource Estimate stands at 27.2 Mt at 1.62 g/t Au (1.42 Moz) Indicated and 28.5 Mt at 1.40 g/t Au (1.29 Moz) Inferred. Results will feed into the ongoing PEA and resource model refinement.
Galway Metals (OTCQB:GAYMF, TSX-V:GWM) reported assay results from 14 diamond drill holes at the Southwest Deposit within its 100%-owned Clarence Stream gold project in New Brunswick. Key intercepts include 2.6 g/t Au over 48.0 metres in hole BL-323, with higher-grade sub-intervals of 21.3 g/t Au over 2.0 metres and 9.9 g/t Au over 3.0 metres, plus 1.7 g/t Au over 31.0 metres in BL-322 and 5.3 g/t Au over 5.0 metres in BL-316.
The infill program targeted gaps and areas near the 2026 mineral resource pit shell, aiming to better define and locally expand modeled mineralized zones. Clarence Stream hosts an updated Mineral Resource Estimate of 1.42 Moz indicated and 1.29 Moz inferred. Galway is advancing a Preliminary Economic Assessment, with QA/QC protocols overseen by a Qualified Person under NI 43-101.
Galway Metals (OTCQB:GAYMF, TSXV:GWM) has started a ~5,000‑metre Phase I diamond drill program at its Estrades Project in northern Abitibi, Québec, funded under its Option and Joint Venture Term Sheet with DOWA METALS & MINING, which may invest up to US$25 million.
The program, using two drills, targets the Main, Central and East zones to collect fresh mineralized material for metallurgical testwork by SGS Canada and to improve geological confidence for future resource and engineering studies. Galway, which has drilled 52,281 metres at Estrades since 2016, holds a 90% participating interest, while DOWA holds 10% with the option to earn up to 45%. Additional planned work includes an environmental baseline study starting Q2 2026, continued resource-upgrade drilling, and further metallurgical studies aimed at refining development pathways outlined in a recent positive PEA.
Galway Metals (OTCQB:GAYMF) has engaged BBA E&C to complete a Preliminary Economic Assessment (PEA) for its 100%-owned Clarence Stream Gold Project in southwest New Brunswick. The work will build on the updated 2026 NI 43-101 Mineral Resource Estimate and prior technical programs.
The resource base for the PEA comprises 27.2 Mt at 1.62 g/t Au (1.42 Moz) Indicated and 28.5 Mt at 1.40 g/t Au (1.29 Moz) Inferred, covering the North, South and Southwest deposits, which remain open along Galway’s 65 km district. Galway currently expects the PEA to be completed in Q1 2027 and to evaluate mining, processing, infrastructure, and cost alternatives as well as trade-off studies.
The study is preliminary in nature, will include Inferred resources that cannot be treated as reserves, and Galway notes there is no certainty that any PEA conclusions will be realized. Technical information has been reviewed by a Qualified Person, and the company describes robust QA/QC procedures and use of ISO/IEC 17025-accredited labs.
Galway Metals (OTCQB:GAYMF, TSXV:GWM) reported an updated Mineral Resource Estimate for its 100%-owned Clarence Stream gold project in New Brunswick as of May 29, 2026. Indicated resources total 27.2Mt at 1.62 g/t Au for 1.42Moz gold, and Inferred resources total 28.5Mt at 1.40 g/t Au for 1.29Moz gold. The update incorporates about 340 new drill holes (70,000m) completed since 2022 and reflects a 20% increase in total contained gold and a 54% increase in Indicated gold ounces versus the 2022 estimate.
The MRE also includes approximately 19,500t antimony in the Indicated category and 3,100t in the Inferred category, increases of roughly 103% and 45% from 2022. About 96% of Indicated gold ounces are open-pit constrained, and roughly half of Indicated ounces occur above 3.0 g/t Au. Galway is running a 40,000m 2026 drill program and is evaluating a Preliminary Economic Assessment as the next milestone.
Galway Metals (OTCQB:GAYMF) reported new drill results from the North Deposit at its 100%-owned Clarence Stream gold project in New Brunswick.
Key intercepts include 5.0 g/t Au over 10.85m in hole ND-61 and 40.3 g/t Au over 1.55m in hole ND-52 within a 430-metre northern extension beyond the 2022 pit-constrained resource.
Galway Metals (OTCQB:GAYMF) reported preliminary results from its 2026 district-scale airborne geophysical program at the 100%-owned Clarence Stream Gold Project in New Brunswick.
The work defines a newly interpreted, roughly 6 km South-Limb Target Trend between the South and Southwest deposits, where initial drilling has begun; assays are pending.
Galway Metals (OTCQB:GAYMF) reported new assay results from seven diamond drill holes at the Southwest Deposit of its 100%-owned Clarence Stream gold project in New Brunswick.
Key intercepts include 20.7 g/t gold over 11.0 m in hole CL-249 and 6.0 g/t over 8.0 m in CL-252, supporting continuity of high-grade mineralization in the GMZ and Adrian Zones.