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The latest update is out from Galway Metals ( (TSE:GWM) ).
Galway Metals Inc. announced a significant improvement in gold recovery at its Estrades project, increasing by 31% to 86.6%, which has the potential to greatly enhance the project’s economic viability. The company plans to initiate a Scoping Study to further assess the project’s value in the marketplace. Additionally, copper recovery has increased to 95%, and there is strong exploration potential with 31 kilometers of strike length on the Casa Berardi Fault. With these advancements, Galway aims to solidify its presence in the precious metals market, while also advancing its flagship Clarence Stream gold project.
More about Galway Metals
Galway Metals Inc. operates in the mining industry, focusing on the exploration and development of high-grade gold and zinc deposits. The company is engaged in projects in Canada, with a significant focus on the Estrades project in Quebec and the Clarence Stream gold project in New Brunswick.
YTD Price Performance: 11.54%
Average Trading Volume: 54,099
Technical Sentiment Consensus Rating: Sell
Current Market Cap: C$55.33M
See more data about GWM stock on TipRanks’ Stock Analysis page.
