Galway Metals ( (TSE:GWM) ) just unveiled an announcement.
Galway Metals Inc. announced promising metallurgical test results, achieving 88% gold recovery at the Southwest Deposit of its Clarence Stream Gold Project. This development is crucial for de-risking the project and improving its future economic viability. The company is expanding its drilling activities with additional rigs to further explore and expand resources at the project site. Additionally, Galway is working on optimizing gold and antimony recoveries, capitalizing on the rising market value of antimony, which enhances the project’s economic potential.
More about Galway Metals
Galway Metals Inc. operates in the mining industry, focusing on gold exploration and development. Its flagship project, the Clarence Stream Gold Project in New Brunswick, Canada, has significant district-scale potential, with extensive gold showings and anomalies along a 65-kilometre strike length.
YTD Price Performance: 7.69%
Average Trading Volume: 43,245
Technical Sentiment Consensus Rating: Sell
Current Market Cap: C$53.42M
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