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) appointed Jason Flight P.Geo as Vice President of Exploration effective March 18, 2026 and added a fourth drill rig at Clarence Stream to focus on new discovery. The company expects a mineral resource update in 2Q26 and plans a PEA thereafter.
The company granted 250,000 incentive stock options at C$0.70, subject to TSX Venture Exchange acceptance.
Galway Metals (OTCQB:GAYMF, TSX-V:GWM) entered a six-month Capital Markets Advisory Agreement with Eskar Capital commencing March 11, 2026. Under the agreement, Eskar will provide investor relations, strategic capital markets advisory and introductions to institutional investors for C$9,000 per month.
The company also approved a grant of 300,000 stock options to Eskar, exercisable at $0.64 and expiring March 11, 2031, subject to TSXV acceptance; Eskar must comply with insider trading and blackout policies.
Galway Metals (OTCQB:GAYMF) reported drill results from seven holes at the Southwest Deposit, Clarence Stream, including 9.0 g/t Au over 6.0m from 15.0m (CL-242) and 52.3 g/t Au over 2.0m (CL-240, including 104.0 g/t over 1.0m).
The project hosts a 2022 MRE 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). An updated Mineral Resource Estimate is expected around the end of Q2 2026.
Galway Metals (OTCQB:GAYMF) has commenced an updated NI 43-101 Mineral Resource Estimate (MRE) for its 100%‑owned Clarence Stream gold project in southwest New Brunswick. The 2022 MRE reported 922,000 oz indicated and 1.334 M oz inferred; Galway completed 342 drill holes (69,556 m) since that estimate. SLR Consulting is preparing the update, with completion expected by the end of Q2 2026; the update will incorporate additional drilling, refined geology, updated grade estimation and pit‑constrained assumptions in a higher gold price environment.
Galway Metals (OTCQB:GAYMF) reported results from seven drill holes at the Southwest Deposit, Clarence Stream, on January 28, 2026. Key intercepts include 7.1 g/t Au over 10.0m (incl. 13.2 g/t over 5.0m) and 7.9 g/t Au over 3.0m (incl. 22.0 g/t over 1.0m).
The program linked deeper mineralization to near surface, extended zones outside 2022 pit shells, and confirmed continuity on ~25–50m spacing. The project hosts a 2022 MRE 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). Forty-eight Southwest drill holes remain pending assays.
Galway Metals (OTCQB:GAYMF) released a NI 43-101 PEA for the 100% owned Estrades Project (Québec) showing robust economics under two price cases. Using long-term prices the toll-mill case yields 33% after-tax IRR and NPV5% C$212M; using spot prices IRR rises to 61% with NPV5% C$518M. Initial capital is C$117M (toll) or C$219M (on-site). Projected 8-year mine life, 1,500 tpd, payable production: 245M lb Zn, 30M lb Cu, 171k oz Au. AISC reported at US$1,987/oz AuEq. Toll milling is conceptual; no agreement in place and there are no mineral reserves.
Galway Metals (OTCQB:GAYMF) reported results from 11 diamond drill holes at the Southwest Deposit, Clarence Stream, on January 7, 2026. Key intercepts include BL-286: 2.6 g/t Au over 16.0 m (including 6.2 g/t over 5.0 m), BL-282: 1.8 g/t Au over 8.0 m (including 6.5 g/t over 1.0 m) and BL-289: 7.5 g/t Au over 2.0 m. The program aims to connect 2022 resource pit shells and test extensions; assays for 32 additional holes remain pending. Clarence Stream's 2022 NI 43-101 MRE is cited as 12.4 Mt @ 2.3 g/t Au (922,000 oz) Indicated and 16.0 Mt @ 2.6 g/t Au (1.334 M oz) Inferred. A New Brunswick grant may contribute up to $50,000 toward 2025 drilling.
Galway Metals (OTCQB:GAYMF) reported high‑grade drill results from the North Deposit at Clarence Stream on November 25, 2025. Key intercepts include 18.0 g/t Au over 3.0 m (incl. 47.8 g/t over 1.0 m) from 53 m, plus 2.8 g/t Au over 7.0 m and 2.5 g/t Au over 7.0 m. Clarence Stream hosts a 2022 MRE of 12.4 Mt @ 2.3 g/t Au Indicated (922,000 oz) and 16.0 Mt @ 2.6 g/t Au Inferred (1.334 M oz). Galway said drilling is expanding a 350 m trend east of the pit outline and that 29 holes (2,737 m) remain pending to define size and continuity.
Galway Metals (OTCQB:GAYMF, TSXV:GWM) hired Stephen Poitras as Manager for the 100%-owned Estrades Gold and Zinc Project in western Quebec on October 15, 2025.
The Estrades deposit is a high-grade VMS with unusually strong gold and significant zinc and copper credits; Breakwater previously invested ~CAD$20 million and mined via a 200-metre ramp in 1990-1991. Galway is advancing a Scoping Study for Estrades with results expected in Q4 2025. Poitras brings 20+ years of exploration and mining finance experience and has reviewed the technical information as Qualified Person.
Galway Metals (OTCQB:GAYMF / TSXV:GWM) reported new drill results from the Southwest Deposit at Clarence Stream on October 6, 2025, including the widest continuous interval to date: 1.1 g/t Au over 88.0 m (CL-232) with additional assays pending from 281–400 m that include visible gold at 331.4 m. CL-230 returned multiple near-surface intervals including 4.3 g/t Au over 5.0 m with higher-grade subintervals (14.8 g/t and 20.9 g/t).
All reported intercepts lie within 100 vertical metres of surface. The project retains a 2022 NI 43-101 MRE 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). Galway disclosed QA/QC protocols, ISO/IEC 17025 labs, and core recovery averaging 99%. The company also received up to $50,000 from New Brunswick Junior Mining Assistance Program for 2025 drilling.