Galway Metals Reports Updated Clarence Stream Mineral Resource Estimate
Original announcement by tmx on
- Company
- Galway Metals Inc.
- Ticker
- GWM
- Exchange
- TSX
- Region
- southwest New Brunswick
- Primary commodity
- Gold
- Secondary commodities
- Antimony
- Document categories
- Resource update
- Extracted
- 2026-09-18 02:32:54 UTC
Analysis by Minestarters Atlas
Minestarters Atlas analysis
Summary
Galway Metals has released an updated Mineral Resource Estimate for its Clarence Stream Gold Project, reporting a 20% increase in total contained gold and a 54% increase in Indicated gold ounces. The updated MRE includes 1.42 million Indicated ounces of gold at 1.62 g/t and 1.29 million Inferred ounces of gold at 1.40 g/t, along with significant antimony by-product. The company plans to advance the project with a Preliminary Economic Assessment and continued drilling.
Reasoning: Galway Metals announced a highly positive updated Mineral Resource Estimate for its Clarence Stream Gold Project, showing a significant increase in contained gold and a substantial upgrade in resource confidence, particularly in the Indicated category. The project also demonstrates a high-grade component and remains open for expansion, with a PEA planned as the next step.
Positive factors
- Significant increase in total contained gold (20%)
- Substantial increase in Indicated gold ounces (54%)
- Project remains open for expansion through ongoing drilling
- High-grade component within the resource (50% of Indicated gold ounces above 3.0 g/t Au)
- Preliminary Economic Assessment (PEA) is the next planned milestone
Facts used in scoring: 36
Classification and evidence
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: A current resource fact retains the disclosed cut-off grade
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: The source explicitly discloses a revised resource estimate
Evidence · text
“updated Mineral Resource Estimate”
Extracted facts
Stored fact records: 36. Some facts used in scoring do not have a stored record.
Resource Estimates (36)
indicatedClarence Stream Gold Project · goldTonnes: 2131000Grade: 1.83Grade Unit: g/tContained Metal: 125000Contained Unit: ozView all detailsHide details
Identity
- Project
- Clarence Stream Gold Project
- Commodity
- gold
- Region
- canada_nb
- Reported Region
- southwest New Brunswick
- Ticker
- GWM
Resource scope
- Estimate type
- resource
- Effective date
- 2026-05-29T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Reno Pressacco, Charles Parkinson
- Resource group id
- resource:7b996cef35b8faa584be
- Deposit or zone
- North
- Mining method
- open_pit
- Ownership percent
- 100 %
Resource Data
- Category
- indicated
- Tonnes
- 2131000
- Grade
- 1.83
- Grade Unit
- g/t
- Contained Metal
- 125000
- Contained Unit
- oz
- Cutoff Grade
- 31
- Cutoff Unit
- $/t NSR
Prior Estimate
- Resource Date
- 2026-05-29
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-07-13T00:00:00.000Z
Reasoning: This Indicated open-pit resource for the North deposit contributes to the overall project growth with a moderate gold grade.
Positive factors
- Indicated resource category provides higher confidence
- Open pit mining method suggests lower operating costs
- Moderate gold grade for open pit
Evidence · table
“1.83”
Context: 2,131
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
indicatedClarence Stream Gold Project · antimonyTonnes: 2131000Grade: 4519Grade Unit: ppmContained Metal: 9600Contained Unit: tView all detailsHide details
Identity
- Project
- Clarence Stream Gold Project
- Commodity
- antimony
- Region
- canada_nb
- Reported Region
- southwest New Brunswick
- Ticker
- GWM
Resource scope
- Estimate type
- resource
- Effective date
- 2026-05-29T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Reno Pressacco, Charles Parkinson
- Resource group id
- resource:7b996cef35b8faa584be
- Deposit or zone
- North
- Mining method
- open_pit
- Ownership percent
- 100 %
Resource Data
- Category
- indicated
- Tonnes
- 2131000
- Grade
- 4519
- Grade Unit
- ppm
- Contained Metal
- 9600
- Contained Unit
- t
- Cutoff Grade
- 31
- Cutoff Unit
- $/t NSR
Prior Estimate
- Resource Date
- 2026-05-29
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-07-13T00:00:00.000Z
Reasoning: This Indicated open-pit resource for the North deposit includes a notable amount of antimony, adding potential byproduct value to the project.
Positive factors
- Indicated resource category provides higher confidence
- Antimony as a significant byproduct
Evidence · table
“4,519”
Context: 2,131
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
inferredClarence Stream Gold Project · goldTonnes: 2562000Grade: 2.16Grade Unit: g/tContained Metal: 178000Contained Unit: ozView all detailsHide details
Identity
- Project
- Clarence Stream Gold Project
- Commodity
- gold
- Region
- canada_nb
- Reported Region
- southwest New Brunswick
- Ticker
- GWM
Resource scope
- Estimate type
- resource
- Effective date
- 2026-05-29T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Reno Pressacco, Charles Parkinson
- Resource group id
- resource:8106dfbff42c83b47987
- Deposit or zone
- North
- Mining method
- open_pit
- Ownership percent
- 100 %
Resource Data
- Category
- inferred
- Tonnes
- 2562000
- Grade
- 2.16
- Grade Unit
- g/t
- Contained Metal
- 178000
- Contained Unit
- oz
- Cutoff Grade
- 31
- Cutoff Unit
- $/t NSR
Prior Estimate
- Resource Date
- 2026-05-29
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-07-13T00:00:00.000Z
Reasoning: This Inferred open-pit resource for the North deposit shows a strong gold grade, indicating potential for future conversion to higher confidence categories.
Positive factors
- Strong gold grade for open pit
Negative factors
- Inferred resource category has lower confidence
Evidence · table
“2.16”
Context: 2,562
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
inferredClarence Stream Gold Project · antimonyTonnes: 2562000Grade: 727Grade Unit: ppmContained Metal: 1900Contained Unit: tView all detailsHide details
Identity
- Project
- Clarence Stream Gold Project
- Commodity
- antimony
- Region
- canada_nb
- Reported Region
- southwest New Brunswick
- Ticker
- GWM
Resource scope
- Estimate type
- resource
- Effective date
- 2026-05-29T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Reno Pressacco, Charles Parkinson
- Resource group id
- resource:8106dfbff42c83b47987
- Deposit or zone
- North
- Mining method
- open_pit
- Ownership percent
- 100 %
Resource Data
- Category
- inferred
- Tonnes
- 2562000
- Grade
- 727
- Grade Unit
- ppm
- Contained Metal
- 1900
- Contained Unit
- t
- Cutoff Grade
- 31
- Cutoff Unit
- $/t NSR
Prior Estimate
- Resource Date
- 2026-05-29
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-07-13T00:00:00.000Z
Reasoning: This Inferred open-pit resource for the North deposit includes antimony, contributing to the project's overall metal content.
Positive factors
- Antimony as a byproduct
Negative factors
- Inferred resource category has lower confidence
Evidence · table
“727”
Context: 2,562
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
indicatedClarence Stream Gold Project · goldTonnes: 10920000Grade: 1.72Grade Unit: g/tContained Metal: 604000Contained Unit: ozView all detailsHide details
Identity
- Project
- Clarence Stream Gold Project
- Commodity
- gold
- Region
- canada_nb
- Reported Region
- southwest New Brunswick
- Ticker
- GWM
Resource scope
- Estimate type
- resource
- Effective date
- 2026-05-29T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Reno Pressacco, Charles Parkinson
- Resource group id
- resource:90881544bb7afc1cfb9d
- Deposit or zone
- South
- Mining method
- open_pit
- Ownership percent
- 100 %
Resource Data
- Category
- indicated
- Tonnes
- 10920000
- Grade
- 1.72
- Grade Unit
- g/t
- Contained Metal
- 604000
- Contained Unit
- oz
- Cutoff Grade
- 31
- Cutoff Unit
- $/t NSR
Prior Estimate
- Resource Date
- 2026-05-29
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-07-13T00:00:00.000Z
Reasoning: This large Indicated open-pit resource for the South deposit significantly contributes to the project's overall gold ounces with a moderate grade.
Positive factors
- Indicated resource category provides higher confidence
- Large tonnage for open pit
- Moderate gold grade for open pit
Evidence · table
“1.72”
Context: 10,920
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
indicatedClarence Stream Gold Project · antimonyTonnes: 10920000Grade: 847Grade Unit: ppmContained Metal: 9200Contained Unit: tView all detailsHide details
Identity
- Project
- Clarence Stream Gold Project
- Commodity
- antimony
- Region
- canada_nb
- Reported Region
- southwest New Brunswick
- Ticker
- GWM
Resource scope
- Estimate type
- resource
- Effective date
- 2026-05-29T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Reno Pressacco, Charles Parkinson
- Resource group id
- resource:90881544bb7afc1cfb9d
- Deposit or zone
- South
- Mining method
- open_pit
- Ownership percent
- 100 %
Resource Data
- Category
- indicated
- Tonnes
- 10920000
- Grade
- 847
- Grade Unit
- ppm
- Contained Metal
- 9200
- Contained Unit
- t
- Cutoff Grade
- 31
- Cutoff Unit
- $/t NSR
Prior Estimate
- Resource Date
- 2026-05-29
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-07-13T00:00:00.000Z
Reasoning: This Indicated open-pit resource for the South deposit includes a substantial amount of antimony, enhancing the project's byproduct potential.
Positive factors
- Indicated resource category provides higher confidence
- Antimony as a significant byproduct
Evidence · table
“847”
Context: 10,920
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
inferredClarence Stream Gold Project · goldTonnes: 879000Grade: 1.69Grade Unit: g/tContained Metal: 48000Contained Unit: ozView all detailsHide details
Identity
- Project
- Clarence Stream Gold Project
- Commodity
- gold
- Region
- canada_nb
- Reported Region
- southwest New Brunswick
- Ticker
- GWM
Resource scope
- Estimate type
- resource
- Effective date
- 2026-05-29T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Reno Pressacco, Charles Parkinson
- Resource group id
- resource:0e9d1e145e96c502ff30
- Deposit or zone
- South
- Mining method
- open_pit
- Ownership percent
- 100 %
Resource Data
- Category
- inferred
- Tonnes
- 879000
- Grade
- 1.69
- Grade Unit
- g/t
- Contained Metal
- 48000
- Contained Unit
- oz
- Cutoff Grade
- 31
- Cutoff Unit
- $/t NSR
Prior Estimate
- Resource Date
- 2026-05-29
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-07-13T00:00:00.000Z
Reasoning: This Inferred open-pit resource for the South deposit adds to the project's gold inventory with a moderate grade.
Positive factors
- Moderate gold grade for open pit
Negative factors
- Inferred resource category has lower confidence
Evidence · table
“1.69”
Context: 879
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
inferredClarence Stream Gold Project · antimonyTonnes: 879000Grade: 416Grade Unit: ppmContained Metal: 400Contained Unit: tView all detailsHide details
Identity
- Project
- Clarence Stream Gold Project
- Commodity
- antimony
- Region
- canada_nb
- Reported Region
- southwest New Brunswick
- Ticker
- GWM
Resource scope
- Estimate type
- resource
- Effective date
- 2026-05-29T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Reno Pressacco, Charles Parkinson
- Resource group id
- resource:0e9d1e145e96c502ff30
- Deposit or zone
- South
- Mining method
- open_pit
- Ownership percent
- 100 %
Resource Data
- Category
- inferred
- Tonnes
- 879000
- Grade
- 416
- Grade Unit
- ppm
- Contained Metal
- 400
- Contained Unit
- t
- Cutoff Grade
- 31
- Cutoff Unit
- $/t NSR
Prior Estimate
- Resource Date
- 2026-05-29
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-07-13T00:00:00.000Z
Reasoning: This Inferred open-pit resource for the South deposit includes antimony, contributing to the project's overall metal content.
Positive factors
- Antimony as a byproduct
Negative factors
- Inferred resource category has lower confidence
Evidence · table
“416”
Context: 879
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
indicatedClarence Stream Gold Project · goldTonnes: 13631000Grade: 1.43Grade Unit: g/tContained Metal: 627000Contained Unit: ozView all detailsHide details
Identity
- Project
- Clarence Stream Gold Project
- Commodity
- gold
- Region
- canada_nb
- Reported Region
- southwest New Brunswick
- Ticker
- GWM
Resource scope
- Estimate type
- resource
- Effective date
- 2026-05-29T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Reno Pressacco, Charles Parkinson
- Resource group id
- resource:839a90953ae34c91ca5b
- Deposit or zone
- Southwest
- Mining method
- open_pit
- Ownership percent
- 100 %
Resource Data
- Category
- indicated
- Tonnes
- 13631000
- Grade
- 1.43
- Grade Unit
- g/t
- Contained Metal
- 627000
- Contained Unit
- oz
- Cutoff Grade
- 31
- Cutoff Unit
- $/t NSR
Prior Estimate
- Resource Date
- 2026-05-29
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-07-13T00:00:00.000Z
Reasoning: This large Indicated open-pit resource for the Southwest deposit significantly contributes to the project's overall gold ounces with a moderate grade.
Positive factors
- Indicated resource category provides higher confidence
- Large tonnage for open pit
- Moderate gold grade for open pit
Evidence · table
“1.43”
Context: 13,631
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
indicatedClarence Stream Gold Project · antimonyTonnes: 13631000Grade: 17Grade Unit: ppmContained Metal: 200Contained Unit: tView all detailsHide details
Identity
- Project
- Clarence Stream Gold Project
- Commodity
- antimony
- Region
- canada_nb
- Reported Region
- southwest New Brunswick
- Ticker
- GWM
Resource scope
- Estimate type
- resource
- Effective date
- 2026-05-29T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Reno Pressacco, Charles Parkinson
- Resource group id
- resource:839a90953ae34c91ca5b
- Deposit or zone
- Southwest
- Mining method
- open_pit
- Ownership percent
- 100 %
Resource Data
- Category
- indicated
- Tonnes
- 13631000
- Grade
- 17
- Grade Unit
- ppm
- Contained Metal
- 200
- Contained Unit
- t
- Cutoff Grade
- 31
- Cutoff Unit
- $/t NSR
Prior Estimate
- Resource Date
- 2026-05-29
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-07-13T00:00:00.000Z
Reasoning: This Indicated open-pit resource for the Southwest deposit includes a minor amount of antimony.
Positive factors
- Indicated resource category provides higher confidence
Evidence · table
“17”
Context: 13,631
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
inferredClarence Stream Gold Project · goldTonnes: 21729000Grade: 1.13Grade Unit: g/tContained Metal: 791000Contained Unit: ozView all detailsHide details
Identity
- Project
- Clarence Stream Gold Project
- Commodity
- gold
- Region
- canada_nb
- Reported Region
- southwest New Brunswick
- Ticker
- GWM
Resource scope
- Estimate type
- resource
- Effective date
- 2026-05-29T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Reno Pressacco, Charles Parkinson
- Resource group id
- resource:d3a9b4e0e4d3ef263eaa
- Deposit or zone
- Southwest
- Mining method
- open_pit
- Ownership percent
- 100 %
Resource Data
- Category
- inferred
- Tonnes
- 21729000
- Grade
- 1.13
- Grade Unit
- g/t
- Contained Metal
- 791000
- Contained Unit
- oz
- Cutoff Grade
- 31
- Cutoff Unit
- $/t NSR
Prior Estimate
- Resource Date
- 2026-05-29
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-07-13T00:00:00.000Z
Reasoning: This large Inferred open-pit resource for the Southwest deposit adds significant gold ounces to the project with a moderate grade.
Positive factors
- Large tonnage for open pit
- Moderate gold grade for open pit
Negative factors
- Inferred resource category has lower confidence
Evidence · table
“1.13”
Context: 21,729
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
inferredClarence Stream Gold Project · antimonyTonnes: 21729000Grade: 14Grade Unit: ppmContained Metal: 300Contained Unit: tView all detailsHide details
Identity
- Project
- Clarence Stream Gold Project
- Commodity
- antimony
- Region
- canada_nb
- Reported Region
- southwest New Brunswick
- Ticker
- GWM
Resource scope
- Estimate type
- resource
- Effective date
- 2026-05-29T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Reno Pressacco, Charles Parkinson
- Resource group id
- resource:d3a9b4e0e4d3ef263eaa
- Deposit or zone
- Southwest
- Mining method
- open_pit
- Ownership percent
- 100 %
Resource Data
- Category
- inferred
- Tonnes
- 21729000
- Grade
- 14
- Grade Unit
- ppm
- Contained Metal
- 300
- Contained Unit
- t
- Cutoff Grade
- 31
- Cutoff Unit
- $/t NSR
Prior Estimate
- Resource Date
- 2026-05-29
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-07-13T00:00:00.000Z
Reasoning: This Inferred open-pit resource for the Southwest deposit includes a minor amount of antimony.
Negative factors
- Inferred resource category has lower confidence
Evidence · table
“14”
Context: 21,729
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
indicatedClarence Stream Gold Project · goldTonnes: 26682000Grade: 1.58Grade Unit: g/tContained Metal: 1356000Contained Unit: ozView all detailsHide details
Identity
- Project
- Clarence Stream Gold Project
- Commodity
- gold
- Region
- canada_nb
- Reported Region
- southwest New Brunswick
- Ticker
- GWM
Resource scope
- Estimate type
- resource
- Effective date
- 2026-05-29T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Reno Pressacco, Charles Parkinson
- Resource group id
- resource:c835cd6113bc72675359
- Deposit or zone
- Sub-totals, Open Pit
- Mining method
- open_pit
- Ownership percent
- 100 %
Resource Data
- Category
- indicated
- Tonnes
- 26682000
- Grade
- 1.58
- Grade Unit
- g/t
- Contained Metal
- 1356000
- Contained Unit
- oz
- Cutoff Grade
- 31
- Cutoff Unit
- $/t NSR
Prior Estimate
- Resource Date
- 2026-05-29
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-07-13T00:00:00.000Z
Reasoning: The total Indicated open-pit resource represents a significant portion of the project's gold inventory at a moderate grade.
Positive factors
- Indicated resource category provides higher confidence
- Large tonnage for open pit
- Moderate gold grade for open pit
Evidence · table
“1.58”
Context: 26,682
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
indicatedClarence Stream Gold Project · antimonyTonnes: 26682000Grade: 716Grade Unit: ppmContained Metal: 19000Contained Unit: tView all detailsHide details
Identity
- Project
- Clarence Stream Gold Project
- Commodity
- antimony
- Region
- canada_nb
- Reported Region
- southwest New Brunswick
- Ticker
- GWM
Resource scope
- Estimate type
- resource
- Effective date
- 2026-05-29T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Reno Pressacco, Charles Parkinson
- Resource group id
- resource:c835cd6113bc72675359
- Deposit or zone
- Sub-totals, Open Pit
- Mining method
- open_pit
- Ownership percent
- 100 %
Resource Data
- Category
- indicated
- Tonnes
- 26682000
- Grade
- 716
- Grade Unit
- ppm
- Contained Metal
- 19000
- Contained Unit
- t
- Cutoff Grade
- 31
- Cutoff Unit
- $/t NSR
Prior Estimate
- Resource Date
- 2026-05-29
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-07-13T00:00:00.000Z
Reasoning: The total Indicated open-pit resource includes a substantial amount of antimony, contributing to the project's byproduct potential.
Positive factors
- Indicated resource category provides higher confidence
- Antimony as a significant byproduct
Evidence · table
“716”
Context: 26,682
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
inferredClarence Stream Gold Project · goldTonnes: 25170000Grade: 1.26Grade Unit: g/tContained Metal: 1017000Contained Unit: ozView all detailsHide details
Identity
- Project
- Clarence Stream Gold Project
- Commodity
- gold
- Region
- canada_nb
- Reported Region
- southwest New Brunswick
- Ticker
- GWM
Resource scope
- Estimate type
- resource
- Effective date
- 2026-05-29T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Reno Pressacco, Charles Parkinson
- Resource group id
- resource:2c0a01f47d9363362463
- Deposit or zone
- Sub-totals, Open Pit
- Mining method
- open_pit
- Ownership percent
- 100 %
Resource Data
- Category
- inferred
- Tonnes
- 25170000
- Grade
- 1.26
- Grade Unit
- g/t
- Contained Metal
- 1017000
- Contained Unit
- oz
- Cutoff Grade
- 31
- Cutoff Unit
- $/t NSR
Prior Estimate
- Resource Date
- 2026-05-29
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-07-13T00:00:00.000Z
Reasoning: The total Inferred open-pit resource adds significant gold ounces to the project with a moderate grade, representing future potential.
Positive factors
- Large tonnage for open pit
- Moderate gold grade for open pit
Negative factors
- Inferred resource category has lower confidence
Evidence · table
“1.26”
Context: 25,170
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
inferredClarence Stream Gold Project · antimonyTonnes: 25170000Grade: 100Grade Unit: ppmContained Metal: 2500Contained Unit: tView all detailsHide details
Identity
- Project
- Clarence Stream Gold Project
- Commodity
- antimony
- Region
- canada_nb
- Reported Region
- southwest New Brunswick
- Ticker
- GWM
Resource scope
- Estimate type
- resource
- Effective date
- 2026-05-29T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Reno Pressacco, Charles Parkinson
- Resource group id
- resource:2c0a01f47d9363362463
- Deposit or zone
- Sub-totals, Open Pit
- Mining method
- open_pit
- Ownership percent
- 100 %
Resource Data
- Category
- inferred
- Tonnes
- 25170000
- Grade
- 100
- Grade Unit
- ppm
- Contained Metal
- 2500
- Contained Unit
- t
- Cutoff Grade
- 31
- Cutoff Unit
- $/t NSR
Prior Estimate
- Resource Date
- 2026-05-29
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-07-13T00:00:00.000Z
Reasoning: The total Inferred open-pit resource includes antimony, contributing to the project's overall metal content.
Positive factors
- Antimony as a byproduct
Negative factors
- Inferred resource category has lower confidence
Evidence · table
“100”
Context: 25,170
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
indicatedClarence Stream Gold Project · goldTonnes: 0Grade: 0Grade Unit: g/tContained Metal: 0Contained Unit: ozView all detailsHide details
Identity
- Project
- Clarence Stream Gold Project
- Commodity
- gold
- Region
- canada_nb
- Reported Region
- southwest New Brunswick
- Ticker
- GWM
Resource scope
- Estimate type
- resource
- Effective date
- 2026-05-29T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Reno Pressacco, Charles Parkinson
- Resource group id
- resource:3fa59af36046d115b776
- Deposit or zone
- North
- Mining method
- underground
- Ownership percent
- 100 %
Resource Data
- Category
- indicated
- Tonnes
- 0
- Grade
- 0
- Grade Unit
- g/t
- Contained Metal
- 0
- Contained Unit
- oz
- Cutoff Grade
- 171
- Cutoff Unit
- $/t NSR
Prior Estimate
- Resource Date
- 2026-05-29
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-07-13T00:00:00.000Z
Reasoning: No Indicated underground resource is reported for the North deposit.
Negative factors
- No resource reported for this category and mining method
Evidence · table
“0”
Context: 0
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
indicatedClarence Stream Gold Project · antimonyTonnes: 0Grade: 0Grade Unit: ppmContained Metal: 0Contained Unit: tView all detailsHide details
Identity
- Project
- Clarence Stream Gold Project
- Commodity
- antimony
- Region
- canada_nb
- Reported Region
- southwest New Brunswick
- Ticker
- GWM
Resource scope
- Estimate type
- resource
- Effective date
- 2026-05-29T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Reno Pressacco, Charles Parkinson
- Resource group id
- resource:3fa59af36046d115b776
- Deposit or zone
- North
- Mining method
- underground
- Ownership percent
- 100 %
Resource Data
- Category
- indicated
- Tonnes
- 0
- Grade
- 0
- Grade Unit
- ppm
- Contained Metal
- 0
- Contained Unit
- t
- Cutoff Grade
- 171
- Cutoff Unit
- $/t NSR
Prior Estimate
- Resource Date
- 2026-05-29
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-07-13T00:00:00.000Z
Reasoning: No Indicated underground resource is reported for the North deposit.
Negative factors
- No resource reported for this category and mining method
Evidence · table
“0”
Context: 0
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
inferredClarence Stream Gold Project · goldTonnes: 0Grade: 0Grade Unit: g/tContained Metal: 0Contained Unit: ozView all detailsHide details
Identity
- Project
- Clarence Stream Gold Project
- Commodity
- gold
- Region
- canada_nb
- Reported Region
- southwest New Brunswick
- Ticker
- GWM
Resource scope
- Estimate type
- resource
- Effective date
- 2026-05-29T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Reno Pressacco, Charles Parkinson
- Resource group id
- resource:433c712e13ddfe111910
- Deposit or zone
- North
- Mining method
- underground
- Ownership percent
- 100 %
Resource Data
- Category
- inferred
- Tonnes
- 0
- Grade
- 0
- Grade Unit
- g/t
- Contained Metal
- 0
- Contained Unit
- oz
- Cutoff Grade
- 171
- Cutoff Unit
- $/t NSR
Prior Estimate
- Resource Date
- 2026-05-29
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-07-13T00:00:00.000Z
Reasoning: No Inferred underground resource is reported for the North deposit.
Negative factors
- No resource reported for this category and mining method
Evidence · table
“0”
Context: 0
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
inferredClarence Stream Gold Project · antimonyTonnes: 0Grade: 0Grade Unit: ppmContained Metal: 0Contained Unit: tView all detailsHide details
Identity
- Project
- Clarence Stream Gold Project
- Commodity
- antimony
- Region
- canada_nb
- Reported Region
- southwest New Brunswick
- Ticker
- GWM
Resource scope
- Estimate type
- resource
- Effective date
- 2026-05-29T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Reno Pressacco, Charles Parkinson
- Resource group id
- resource:433c712e13ddfe111910
- Deposit or zone
- North
- Mining method
- underground
- Ownership percent
- 100 %
Resource Data
- Category
- inferred
- Tonnes
- 0
- Grade
- 0
- Grade Unit
- ppm
- Contained Metal
- 0
- Contained Unit
- t
- Cutoff Grade
- 171
- Cutoff Unit
- $/t NSR
Prior Estimate
- Resource Date
- 2026-05-29
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-07-13T00:00:00.000Z
Reasoning: No Inferred underground resource is reported for the North deposit.
Negative factors
- No resource reported for this category and mining method
Evidence · table
“0”
Context: 0
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
indicatedClarence Stream Gold Project · goldTonnes: 519000Grade: 3.62Grade Unit: g/tContained Metal: 60000Contained Unit: ozView all detailsHide details
Identity
- Project
- Clarence Stream Gold Project
- Commodity
- gold
- Region
- canada_nb
- Reported Region
- southwest New Brunswick
- Ticker
- GWM
Resource scope
- Estimate type
- resource
- Effective date
- 2026-05-29T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Reno Pressacco, Charles Parkinson
- Resource group id
- resource:83aaab8894964523832b
- Deposit or zone
- South
- Mining method
- underground
- Ownership percent
- 100 %
Resource Data
- Category
- indicated
- Tonnes
- 519000
- Grade
- 3.62
- Grade Unit
- g/t
- Contained Metal
- 60000
- Contained Unit
- oz
- Cutoff Grade
- 171
- Cutoff Unit
- $/t NSR
Prior Estimate
- Resource Date
- 2026-05-29
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-07-13T00:00:00.000Z
Reasoning: This Indicated underground resource for the South deposit contributes to the project's gold inventory, though the grade is at the lower end for underground operations.
Positive factors
- Indicated resource category provides higher confidence
- Underground mining method allows for higher grades
Negative factors
- Gold grade is weak for underground mining
Evidence · table
“3.62”
Context: 519
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
indicatedClarence Stream Gold Project · antimonyTonnes: 519000Grade: 718Grade Unit: ppmContained Metal: 400Contained Unit: tView all detailsHide details
Identity
- Project
- Clarence Stream Gold Project
- Commodity
- antimony
- Region
- canada_nb
- Reported Region
- southwest New Brunswick
- Ticker
- GWM
Resource scope
- Estimate type
- resource
- Effective date
- 2026-05-29T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Reno Pressacco, Charles Parkinson
- Resource group id
- resource:83aaab8894964523832b
- Deposit or zone
- South
- Mining method
- underground
- Ownership percent
- 100 %
Resource Data
- Category
- indicated
- Tonnes
- 519000
- Grade
- 718
- Grade Unit
- ppm
- Contained Metal
- 400
- Contained Unit
- t
- Cutoff Grade
- 171
- Cutoff Unit
- $/t NSR
Prior Estimate
- Resource Date
- 2026-05-29
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-07-13T00:00:00.000Z
Reasoning: This Indicated underground resource for the South deposit includes antimony, adding to the project's overall metal content.
Positive factors
- Indicated resource category provides higher confidence
- Antimony as a byproduct
Evidence · table
“718”
Context: 519
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
inferredClarence Stream Gold Project · goldTonnes: 787000Grade: 3.37Grade Unit: g/tContained Metal: 85000Contained Unit: ozView all detailsHide details
Identity
- Project
- Clarence Stream Gold Project
- Commodity
- gold
- Region
- canada_nb
- Reported Region
- southwest New Brunswick
- Ticker
- GWM
Resource scope
- Estimate type
- resource
- Effective date
- 2026-05-29T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Reno Pressacco, Charles Parkinson
- Resource group id
- resource:2954ed4037dca4f33446
- Deposit or zone
- South
- Mining method
- underground
- Ownership percent
- 100 %
Resource Data
- Category
- inferred
- Tonnes
- 787000
- Grade
- 3.37
- Grade Unit
- g/t
- Contained Metal
- 85000
- Contained Unit
- oz
- Cutoff Grade
- 171
- Cutoff Unit
- $/t NSR
Prior Estimate
- Resource Date
- 2026-05-29
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-07-13T00:00:00.000Z
Reasoning: This Inferred underground resource for the South deposit adds to the project's gold inventory, though the grade is at the lower end for underground operations.
Positive factors
- Underground mining method allows for higher grades
Negative factors
- Inferred resource category has lower confidence
- Gold grade is weak for underground mining
Evidence · table
“3.37”
Context: 787
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
inferredClarence Stream Gold Project · antimonyTonnes: 787000Grade: 637Grade Unit: ppmContained Metal: 500Contained Unit: tView all detailsHide details
Identity
- Project
- Clarence Stream Gold Project
- Commodity
- antimony
- Region
- canada_nb
- Reported Region
- southwest New Brunswick
- Ticker
- GWM
Resource scope
- Estimate type
- resource
- Effective date
- 2026-05-29T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Reno Pressacco, Charles Parkinson
- Resource group id
- resource:2954ed4037dca4f33446
- Deposit or zone
- South
- Mining method
- underground
- Ownership percent
- 100 %
Resource Data
- Category
- inferred
- Tonnes
- 787000
- Grade
- 637
- Grade Unit
- ppm
- Contained Metal
- 500
- Contained Unit
- t
- Cutoff Grade
- 171
- Cutoff Unit
- $/t NSR
Prior Estimate
- Resource Date
- 2026-05-29
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-07-13T00:00:00.000Z
Reasoning: This Inferred underground resource for the South deposit includes antimony, contributing to the project's overall metal content.
Positive factors
- Antimony as a byproduct
Negative factors
- Inferred resource category has lower confidence
Evidence · table
“637”
Context: 787
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
indicatedClarence Stream Gold Project · goldTonnes: 0Grade: 0Grade Unit: g/tContained Metal: 0Contained Unit: ozView all detailsHide details
Identity
- Project
- Clarence Stream Gold Project
- Commodity
- gold
- Region
- canada_nb
- Reported Region
- southwest New Brunswick
- Ticker
- GWM
Resource scope
- Estimate type
- resource
- Effective date
- 2026-05-29T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Reno Pressacco, Charles Parkinson
- Resource group id
- resource:3f0a03c4ef8ea1b9d56f
- Deposit or zone
- Southwest
- Mining method
- underground
- Ownership percent
- 100 %
Resource Data
- Category
- indicated
- Tonnes
- 0
- Grade
- 0
- Grade Unit
- g/t
- Contained Metal
- 0
- Contained Unit
- oz
- Cutoff Grade
- 171
- Cutoff Unit
- $/t NSR
Prior Estimate
- Resource Date
- 2026-05-29
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-07-13T00:00:00.000Z
Reasoning: No Indicated underground resource is reported for the Southwest deposit.
Negative factors
- No resource reported for this category and mining method
Evidence · table
“0”
Context: 0
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
indicatedClarence Stream Gold Project · antimonyTonnes: 0Grade: 0Grade Unit: ppmContained Metal: 0Contained Unit: tView all detailsHide details
Identity
- Project
- Clarence Stream Gold Project
- Commodity
- antimony
- Region
- canada_nb
- Reported Region
- southwest New Brunswick
- Ticker
- GWM
Resource scope
- Estimate type
- resource
- Effective date
- 2026-05-29T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Reno Pressacco, Charles Parkinson
- Resource group id
- resource:3f0a03c4ef8ea1b9d56f
- Deposit or zone
- Southwest
- Mining method
- underground
- Ownership percent
- 100 %
Resource Data
- Category
- indicated
- Tonnes
- 0
- Grade
- 0
- Grade Unit
- ppm
- Contained Metal
- 0
- Contained Unit
- t
- Cutoff Grade
- 171
- Cutoff Unit
- $/t NSR
Prior Estimate
- Resource Date
- 2026-05-29
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-07-13T00:00:00.000Z
Reasoning: No Indicated underground resource is reported for the Southwest deposit.
Negative factors
- No resource reported for this category and mining method
Evidence · table
“0”
Context: 0
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
inferredClarence Stream Gold Project · goldTonnes: 2581000Grade: 2.24Grade Unit: g/tContained Metal: 186000Contained Unit: ozView all detailsHide details
Identity
- Project
- Clarence Stream Gold Project
- Commodity
- gold
- Region
- canada_nb
- Reported Region
- southwest New Brunswick
- Ticker
- GWM
Resource scope
- Estimate type
- resource
- Effective date
- 2026-05-29T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Reno Pressacco, Charles Parkinson
- Resource group id
- resource:af0d7a1a7eebfebf475c
- Deposit or zone
- Southwest
- Mining method
- underground
- Ownership percent
- 100 %
Resource Data
- Category
- inferred
- Tonnes
- 2581000
- Grade
- 2.24
- Grade Unit
- g/t
- Contained Metal
- 186000
- Contained Unit
- oz
- Cutoff Grade
- 171
- Cutoff Unit
- $/t NSR
Prior Estimate
- Resource Date
- 2026-05-29
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-07-13T00:00:00.000Z
Reasoning: This Inferred underground resource for the Southwest deposit adds to the project's gold inventory, though the grade is at the lower end for underground operations.
Positive factors
- Underground mining method allows for higher grades
Negative factors
- Inferred resource category has lower confidence
- Gold grade is weak for underground mining
Evidence · table
“2.24”
Context: 2,581
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
inferredClarence Stream Gold Project · antimonyTonnes: 2581000Grade: 14Grade Unit: ppmContained Metal: 37Contained Unit: tView all detailsHide details
Identity
- Project
- Clarence Stream Gold Project
- Commodity
- antimony
- Region
- canada_nb
- Reported Region
- southwest New Brunswick
- Ticker
- GWM
Resource scope
- Estimate type
- resource
- Effective date
- 2026-05-29T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Reno Pressacco, Charles Parkinson
- Resource group id
- resource:af0d7a1a7eebfebf475c
- Deposit or zone
- Southwest
- Mining method
- underground
- Ownership percent
- 100 %
Resource Data
- Category
- inferred
- Tonnes
- 2581000
- Grade
- 14
- Grade Unit
- ppm
- Contained Metal
- 37
- Contained Unit
- t
- Cutoff Grade
- 171
- Cutoff Unit
- $/t NSR
Prior Estimate
- Resource Date
- 2026-05-29
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-07-13T00:00:00.000Z
Reasoning: This Inferred underground resource for the Southwest deposit includes a minor amount of antimony.
Negative factors
- Inferred resource category has lower confidence
Evidence · table
“14”
Context: 2,581
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
indicatedClarence Stream Gold Project · goldTonnes: 519000Grade: 3.6Grade Unit: g/tContained Metal: 60000Contained Unit: ozView all detailsHide details
Identity
- Project
- Clarence Stream Gold Project
- Commodity
- gold
- Region
- canada_nb
- Reported Region
- southwest New Brunswick
- Ticker
- GWM
Resource scope
- Estimate type
- resource
- Effective date
- 2026-05-29T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Reno Pressacco, Charles Parkinson
- Resource group id
- resource:7e8dccac50aee4a38331
- Deposit or zone
- Sub-totals, Underground
- Mining method
- underground
- Ownership percent
- 100 %
Resource Data
- Category
- indicated
- Tonnes
- 519000
- Grade
- 3.6
- Grade Unit
- g/t
- Contained Metal
- 60000
- Contained Unit
- oz
- Cutoff Grade
- 171
- Cutoff Unit
- $/t NSR
Prior Estimate
- Resource Date
- 2026-05-29
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-07-13T00:00:00.000Z
Reasoning: The total Indicated underground resource contributes to the project's gold inventory, though the grade is at the lower end for underground operations.
Positive factors
- Indicated resource category provides higher confidence
- Underground mining method allows for higher grades
Negative factors
- Gold grade is weak for underground mining
Evidence · table
“3.60”
Context: 519
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
indicatedClarence Stream Gold Project · antimonyTonnes: 519000Grade: 719Grade Unit: ppmContained Metal: 400Contained Unit: tView all detailsHide details
Identity
- Project
- Clarence Stream Gold Project
- Commodity
- antimony
- Region
- canada_nb
- Reported Region
- southwest New Brunswick
- Ticker
- GWM
Resource scope
- Estimate type
- resource
- Effective date
- 2026-05-29T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Reno Pressacco, Charles Parkinson
- Resource group id
- resource:7e8dccac50aee4a38331
- Deposit or zone
- Sub-totals, Underground
- Mining method
- underground
- Ownership percent
- 100 %
Resource Data
- Category
- indicated
- Tonnes
- 519000
- Grade
- 719
- Grade Unit
- ppm
- Contained Metal
- 400
- Contained Unit
- t
- Cutoff Grade
- 171
- Cutoff Unit
- $/t NSR
Prior Estimate
- Resource Date
- 2026-05-29
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-07-13T00:00:00.000Z
Reasoning: The total Indicated underground resource includes antimony, adding to the project's overall metal content.
Positive factors
- Indicated resource category provides higher confidence
- Antimony as a byproduct
Evidence · table
“719”
Context: 519
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
inferredClarence Stream Gold Project · goldTonnes: 3368000Grade: 2.5Grade Unit: g/tContained Metal: 271000Contained Unit: ozView all detailsHide details
Identity
- Project
- Clarence Stream Gold Project
- Commodity
- gold
- Region
- canada_nb
- Reported Region
- southwest New Brunswick
- Ticker
- GWM
Resource scope
- Estimate type
- resource
- Effective date
- 2026-05-29T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Reno Pressacco, Charles Parkinson
- Resource group id
- resource:4f7b020b7057ad4f99fb
- Deposit or zone
- Sub-totals, Underground
- Mining method
- underground
- Ownership percent
- 100 %
Resource Data
- Category
- inferred
- Tonnes
- 3368000
- Grade
- 2.5
- Grade Unit
- g/t
- Contained Metal
- 271000
- Contained Unit
- oz
- Cutoff Grade
- 171
- Cutoff Unit
- $/t NSR
Prior Estimate
- Resource Date
- 2026-05-29
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-07-13T00:00:00.000Z
Reasoning: The total Inferred underground resource adds to the project's gold inventory, though the grade is at the lower end for underground operations.
Positive factors
- Underground mining method allows for higher grades
Negative factors
- Inferred resource category has lower confidence
- Gold grade is weak for underground mining
Evidence · table
“2.50”
Context: 3,368
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
inferredClarence Stream Gold Project · antimonyTonnes: 3368000Grade: 160Grade Unit: ppmContained Metal: 500Contained Unit: tView all detailsHide details
Identity
- Project
- Clarence Stream Gold Project
- Commodity
- antimony
- Region
- canada_nb
- Reported Region
- southwest New Brunswick
- Ticker
- GWM
Resource scope
- Estimate type
- resource
- Effective date
- 2026-05-29T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Reno Pressacco, Charles Parkinson
- Resource group id
- resource:4f7b020b7057ad4f99fb
- Deposit or zone
- Sub-totals, Underground
- Mining method
- underground
- Ownership percent
- 100 %
Resource Data
- Category
- inferred
- Tonnes
- 3368000
- Grade
- 160
- Grade Unit
- ppm
- Contained Metal
- 500
- Contained Unit
- t
- Cutoff Grade
- 171
- Cutoff Unit
- $/t NSR
Prior Estimate
- Resource Date
- 2026-05-29
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-07-13T00:00:00.000Z
Reasoning: The total Inferred underground resource includes antimony, contributing to the project's overall metal content.
Positive factors
- Antimony as a byproduct
Negative factors
- Inferred resource category has lower confidence
Evidence · table
“160”
Context: 3,368
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
indicatedClarence Stream Gold Project · goldTonnes: 27201000Grade: 1.62Grade Unit: g/tContained Metal: 1416000Contained Unit: ozView all detailsHide details
Identity
- Project
- Clarence Stream Gold Project
- Commodity
- gold
- Region
- canada_nb
- Reported Region
- southwest New Brunswick
- Ticker
- GWM
Resource scope
- Estimate type
- resource
- Effective date
- 2026-05-29T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Reno Pressacco, Charles Parkinson
- Resource group id
- resource:f27774fde9788393fbb4
- Deposit or zone
- Grand Total
- Mining method
- combined
- Ownership percent
- 100 %
Resource Data
- Category
- indicated
- Tonnes
- 27201000
- Grade
- 1.62
- Grade Unit
- g/t
- Contained Metal
- 1416000
- Contained Unit
- oz
Prior Estimate
- Resource Date
- 2026-05-29
- Prior Contained Metal
- 922000
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-07-13T00:00:00.000Z
Reasoning: The Grand Total Indicated gold resource shows a substantial increase in contained ounces, significantly de-risking the project and providing a strong foundation for future studies.
Positive factors
- Significant increase in Indicated gold ounces (54%)
- Indicated resource category provides higher confidence
- Large total tonnage
- Moderate gold grade
Evidence · table
“1.62”
Context: 27,201
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
Contained Metal Growthpositive
True scale improvement — contained metal ounces/tonnes increased vs prior, accounting for both tonnage and grade changes.
Why it applies: 1416000 against 922000 previously
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
indicatedClarence Stream Gold Project · antimonyTonnes: 27201000Grade: 716Grade Unit: ppmContained Metal: 19500Contained Unit: tView all detailsHide details
Identity
- Project
- Clarence Stream Gold Project
- Commodity
- antimony
- Region
- canada_nb
- Reported Region
- southwest New Brunswick
- Ticker
- GWM
Resource scope
- Estimate type
- resource
- Effective date
- 2026-05-29T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Reno Pressacco, Charles Parkinson
- Resource group id
- resource:f27774fde9788393fbb4
- Deposit or zone
- Grand Total
- Mining method
- combined
- Ownership percent
- 100 %
Resource Data
- Category
- indicated
- Tonnes
- 27201000
- Grade
- 716
- Grade Unit
- ppm
- Contained Metal
- 19500
- Contained Unit
- t
Prior Estimate
- Resource Date
- 2026-05-29
- Prior Contained Metal
- 9605.9
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-07-13T00:00:00.000Z
Reasoning: The Grand Total Indicated antimony resource shows a substantial increase, enhancing the project's overall byproduct value.
Positive factors
- Significant increase in contained antimony (103%)
- Antimony as a significant byproduct
Evidence · table
“716”
Context: 27,201
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
Contained Metal Growthpositive
True scale improvement — contained metal ounces/tonnes increased vs prior, accounting for both tonnage and grade changes.
Why it applies: 19500 against 9605.9 previously
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
inferredClarence Stream Gold Project · goldTonnes: 28538000Grade: 1.4Grade Unit: g/tContained Metal: 1288000Contained Unit: ozView all detailsHide details
Identity
- Project
- Clarence Stream Gold Project
- Commodity
- gold
- Region
- canada_nb
- Reported Region
- southwest New Brunswick
- Ticker
- GWM
Resource scope
- Estimate type
- resource
- Effective date
- 2026-05-29T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Reno Pressacco, Charles Parkinson
- Resource group id
- resource:489fa402288b536021d5
- Deposit or zone
- Grand Total
- Mining method
- combined
- Ownership percent
- 100 %
Resource Data
- Category
- inferred
- Tonnes
- 28538000
- Grade
- 1.4
- Grade Unit
- g/t
- Contained Metal
- 1288000
- Contained Unit
- oz
Prior Estimate
- Resource Date
- 2026-05-29
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-07-13T00:00:00.000Z
Reasoning: The Grand Total Inferred gold resource adds significant ounces to the project, representing substantial future potential for conversion and expansion.
Positive factors
- Large total tonnage
- Moderate gold grade
Negative factors
- Inferred resource category has lower confidence
Evidence · table
“1.40”
Context: 28,538
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
inferredClarence Stream Gold Project · antimonyTonnes: 28538000Grade: 107Grade Unit: ppmContained Metal: 3100Contained Unit: tView all detailsHide details
Identity
- Project
- Clarence Stream Gold Project
- Commodity
- antimony
- Region
- canada_nb
- Reported Region
- southwest New Brunswick
- Ticker
- GWM
Resource scope
- Estimate type
- resource
- Effective date
- 2026-05-29T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Reno Pressacco, Charles Parkinson
- Resource group id
- resource:489fa402288b536021d5
- Deposit or zone
- Grand Total
- Mining method
- combined
- Ownership percent
- 100 %
Resource Data
- Category
- inferred
- Tonnes
- 28538000
- Grade
- 107
- Grade Unit
- ppm
- Contained Metal
- 3100
- Contained Unit
- t
Prior Estimate
- Resource Date
- 2026-05-29
- Prior Contained Metal
- 2137.9
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-07-13T00:00:00.000Z
Reasoning: The Grand Total Inferred antimony resource shows a substantial increase, contributing to the project's overall metal content and future potential.
Positive factors
- Significant increase in contained antimony (45%)
- Antimony as a byproduct
Negative factors
- Inferred resource category has lower confidence
Evidence · table
“107”
Context: 28,538
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
Contained Metal Growthpositive
True scale improvement — contained metal ounces/tonnes increased vs prior, accounting for both tonnage and grade changes.
Why it applies: 3100 against 2137.9 previously
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
How Atlas produces this analysis
Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.