# Galway Metals Reports Updated Clarence Stream Mineral Resource Estimate Canonical Atlas analysis: https://atlas-extractions.minestarters.com/news/galway-metals-reports-updated-clarence-stream-mineral-resource-estimate--2b2c9dd6-c383-4d70-bd2e-87e7182dda67 Original source: https://money.tmx.com/en/quote/GWM/news/8677066118821971/galway-metals-reports-updated-clarence-stream-mineral-resource-estimate Publisher: tmx Original announcement: 2026-07-13T11:00:00.000Z Analysis by Minestarters Atlas Atlas analysis published: Unknown date Atlas analysis updated: Unknown date - 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 Narrative sentiment: 0.80 · Bullish ## Minestarters Atlas 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 factor: Significant increase in total contained gold \(20%\) - Positive factor: Substantial increase in Indicated gold ounces \(54%\) - Positive factor: Project remains open for expansion through ongoing drilling - Positive factor: High-grade component within the resource \(50% of Indicated gold ounces above 3.0 g/t Au\) - Positive factor: Preliminary Economic Assessment \(PEA\) is the next planned milestone Facts used in scoring: 36 ## Classification and evidence **Cut-off Disclosed** Polarity: positive Definition: 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 Update** Polarity: neutral Definition: 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) ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/galway-metals-reports-updated-clarence-stream-mineral-resource-estimate--2b2c9dd6-c383-4d70-bd2e-87e7182dda67#fact-resource-facts-0) Clarence Stream Gold Project · gold #### 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 factor: Indicated resource category provides higher confidence - Positive factor: Open pit mining method suggests lower operating costs - Positive factor: Moderate gold grade for open pit Evidence · table > 1.83 Context: 2,131 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: 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 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/galway-metals-reports-updated-clarence-stream-mineral-resource-estimate--2b2c9dd6-c383-4d70-bd2e-87e7182dda67#fact-resource-facts-1) Clarence Stream Gold Project · antimony #### 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 factor: Indicated resource category provides higher confidence - Positive factor: Antimony as a significant byproduct Evidence · table > 4,519 Context: 2,131 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: 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 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/galway-metals-reports-updated-clarence-stream-mineral-resource-estimate--2b2c9dd6-c383-4d70-bd2e-87e7182dda67#fact-resource-facts-2) Clarence Stream Gold Project · gold #### 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 factor: Strong gold grade for open pit - Negative factor: Inferred resource category has lower confidence Evidence · table > 2.16 Context: 2,562 #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: 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 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/galway-metals-reports-updated-clarence-stream-mineral-resource-estimate--2b2c9dd6-c383-4d70-bd2e-87e7182dda67#fact-resource-facts-3) Clarence Stream Gold Project · antimony #### 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 factor: Antimony as a byproduct - Negative factor: Inferred resource category has lower confidence Evidence · table > 727 Context: 2,562 #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: 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 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/galway-metals-reports-updated-clarence-stream-mineral-resource-estimate--2b2c9dd6-c383-4d70-bd2e-87e7182dda67#fact-resource-facts-4) Clarence Stream Gold Project · gold #### 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 factor: Indicated resource category provides higher confidence - Positive factor: Large tonnage for open pit - Positive factor: Moderate gold grade for open pit Evidence · table > 1.72 Context: 10,920 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: 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 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/galway-metals-reports-updated-clarence-stream-mineral-resource-estimate--2b2c9dd6-c383-4d70-bd2e-87e7182dda67#fact-resource-facts-5) Clarence Stream Gold Project · antimony #### 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 factor: Indicated resource category provides higher confidence - Positive factor: Antimony as a significant byproduct Evidence · table > 847 Context: 10,920 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: 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 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/galway-metals-reports-updated-clarence-stream-mineral-resource-estimate--2b2c9dd6-c383-4d70-bd2e-87e7182dda67#fact-resource-facts-6) Clarence Stream Gold Project · gold #### 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 factor: Moderate gold grade for open pit - Negative factor: Inferred resource category has lower confidence Evidence · table > 1.69 Context: 879 #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: 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 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/galway-metals-reports-updated-clarence-stream-mineral-resource-estimate--2b2c9dd6-c383-4d70-bd2e-87e7182dda67#fact-resource-facts-7) Clarence Stream Gold Project · antimony #### 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 factor: Antimony as a byproduct - Negative factor: Inferred resource category has lower confidence Evidence · table > 416 Context: 879 #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: 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 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/galway-metals-reports-updated-clarence-stream-mineral-resource-estimate--2b2c9dd6-c383-4d70-bd2e-87e7182dda67#fact-resource-facts-8) Clarence Stream Gold Project · gold #### 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 factor: Indicated resource category provides higher confidence - Positive factor: Large tonnage for open pit - Positive factor: Moderate gold grade for open pit Evidence · table > 1.43 Context: 13,631 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: 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 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/galway-metals-reports-updated-clarence-stream-mineral-resource-estimate--2b2c9dd6-c383-4d70-bd2e-87e7182dda67#fact-resource-facts-9) Clarence Stream Gold Project · antimony #### 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 factor: Indicated resource category provides higher confidence Evidence · table > 17 Context: 13,631 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: 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 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/galway-metals-reports-updated-clarence-stream-mineral-resource-estimate--2b2c9dd6-c383-4d70-bd2e-87e7182dda67#fact-resource-facts-10) Clarence Stream Gold Project · gold #### 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 factor: Large tonnage for open pit - Positive factor: Moderate gold grade for open pit - Negative factor: Inferred resource category has lower confidence Evidence · table > 1.13 Context: 21,729 #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: 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 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/galway-metals-reports-updated-clarence-stream-mineral-resource-estimate--2b2c9dd6-c383-4d70-bd2e-87e7182dda67#fact-resource-facts-11) Clarence Stream Gold Project · antimony #### 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 factor: Inferred resource category has lower confidence Evidence · table > 14 Context: 21,729 #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: 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 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/galway-metals-reports-updated-clarence-stream-mineral-resource-estimate--2b2c9dd6-c383-4d70-bd2e-87e7182dda67#fact-resource-facts-12) Clarence Stream Gold Project · gold #### 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 factor: Indicated resource category provides higher confidence - Positive factor: Large tonnage for open pit - Positive factor: Moderate gold grade for open pit Evidence · table > 1.58 Context: 26,682 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: 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 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/galway-metals-reports-updated-clarence-stream-mineral-resource-estimate--2b2c9dd6-c383-4d70-bd2e-87e7182dda67#fact-resource-facts-13) Clarence Stream Gold Project · antimony #### 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 factor: Indicated resource category provides higher confidence - Positive factor: Antimony as a significant byproduct Evidence · table > 716 Context: 26,682 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: 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 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/galway-metals-reports-updated-clarence-stream-mineral-resource-estimate--2b2c9dd6-c383-4d70-bd2e-87e7182dda67#fact-resource-facts-14) Clarence Stream Gold Project · gold #### 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 factor: Large tonnage for open pit - Positive factor: Moderate gold grade for open pit - Negative factor: Inferred resource category has lower confidence Evidence · table > 1.26 Context: 25,170 #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: 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 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/galway-metals-reports-updated-clarence-stream-mineral-resource-estimate--2b2c9dd6-c383-4d70-bd2e-87e7182dda67#fact-resource-facts-15) Clarence Stream Gold Project · antimony #### 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 factor: Antimony as a byproduct - Negative factor: Inferred resource category has lower confidence Evidence · table > 100 Context: 25,170 #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: 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 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/galway-metals-reports-updated-clarence-stream-mineral-resource-estimate--2b2c9dd6-c383-4d70-bd2e-87e7182dda67#fact-resource-facts-16) Clarence Stream Gold Project · gold #### 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 factor: No resource reported for this category and mining method Evidence · table > 0 Context: 0 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: 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 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/galway-metals-reports-updated-clarence-stream-mineral-resource-estimate--2b2c9dd6-c383-4d70-bd2e-87e7182dda67#fact-resource-facts-17) Clarence Stream Gold Project · antimony #### 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 factor: No resource reported for this category and mining method Evidence · table > 0 Context: 0 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: 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 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/galway-metals-reports-updated-clarence-stream-mineral-resource-estimate--2b2c9dd6-c383-4d70-bd2e-87e7182dda67#fact-resource-facts-18) Clarence Stream Gold Project · gold #### 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 factor: No resource reported for this category and mining method Evidence · table > 0 Context: 0 #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: 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 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/galway-metals-reports-updated-clarence-stream-mineral-resource-estimate--2b2c9dd6-c383-4d70-bd2e-87e7182dda67#fact-resource-facts-19) Clarence Stream Gold Project · antimony #### 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 factor: No resource reported for this category and mining method Evidence · table > 0 Context: 0 #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: 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 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/galway-metals-reports-updated-clarence-stream-mineral-resource-estimate--2b2c9dd6-c383-4d70-bd2e-87e7182dda67#fact-resource-facts-20) Clarence Stream Gold Project · gold #### 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 factor: Indicated resource category provides higher confidence - Positive factor: Underground mining method allows for higher grades - Negative factor: Gold grade is weak for underground mining Evidence · table > 3.62 Context: 519 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: 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 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/galway-metals-reports-updated-clarence-stream-mineral-resource-estimate--2b2c9dd6-c383-4d70-bd2e-87e7182dda67#fact-resource-facts-21) Clarence Stream Gold Project · antimony #### 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 factor: Indicated resource category provides higher confidence - Positive factor: Antimony as a byproduct Evidence · table > 718 Context: 519 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: 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 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/galway-metals-reports-updated-clarence-stream-mineral-resource-estimate--2b2c9dd6-c383-4d70-bd2e-87e7182dda67#fact-resource-facts-22) Clarence Stream Gold Project · gold #### 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 factor: Underground mining method allows for higher grades - Negative factor: Inferred resource category has lower confidence - Negative factor: Gold grade is weak for underground mining Evidence · table > 3.37 Context: 787 #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: 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 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/galway-metals-reports-updated-clarence-stream-mineral-resource-estimate--2b2c9dd6-c383-4d70-bd2e-87e7182dda67#fact-resource-facts-23) Clarence Stream Gold Project · antimony #### 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 factor: Antimony as a byproduct - Negative factor: Inferred resource category has lower confidence Evidence · table > 637 Context: 787 #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: 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 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/galway-metals-reports-updated-clarence-stream-mineral-resource-estimate--2b2c9dd6-c383-4d70-bd2e-87e7182dda67#fact-resource-facts-24) Clarence Stream Gold Project · gold #### 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 factor: No resource reported for this category and mining method Evidence · table > 0 Context: 0 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: 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 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/galway-metals-reports-updated-clarence-stream-mineral-resource-estimate--2b2c9dd6-c383-4d70-bd2e-87e7182dda67#fact-resource-facts-25) Clarence Stream Gold Project · antimony #### 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 factor: No resource reported for this category and mining method Evidence · table > 0 Context: 0 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: 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 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/galway-metals-reports-updated-clarence-stream-mineral-resource-estimate--2b2c9dd6-c383-4d70-bd2e-87e7182dda67#fact-resource-facts-26) Clarence Stream Gold Project · gold #### 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 factor: Underground mining method allows for higher grades - Negative factor: Inferred resource category has lower confidence - Negative factor: Gold grade is weak for underground mining Evidence · table > 2.24 Context: 2,581 #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: 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 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/galway-metals-reports-updated-clarence-stream-mineral-resource-estimate--2b2c9dd6-c383-4d70-bd2e-87e7182dda67#fact-resource-facts-27) Clarence Stream Gold Project · antimony #### 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 factor: Inferred resource category has lower confidence Evidence · table > 14 Context: 2,581 #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: 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 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/galway-metals-reports-updated-clarence-stream-mineral-resource-estimate--2b2c9dd6-c383-4d70-bd2e-87e7182dda67#fact-resource-facts-28) Clarence Stream Gold Project · gold #### 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 factor: Indicated resource category provides higher confidence - Positive factor: Underground mining method allows for higher grades - Negative factor: Gold grade is weak for underground mining Evidence · table > 3.60 Context: 519 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: 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 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/galway-metals-reports-updated-clarence-stream-mineral-resource-estimate--2b2c9dd6-c383-4d70-bd2e-87e7182dda67#fact-resource-facts-29) Clarence Stream Gold Project · antimony #### 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 factor: Indicated resource category provides higher confidence - Positive factor: Antimony as a byproduct Evidence · table > 719 Context: 519 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: 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 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/galway-metals-reports-updated-clarence-stream-mineral-resource-estimate--2b2c9dd6-c383-4d70-bd2e-87e7182dda67#fact-resource-facts-30) Clarence Stream Gold Project · gold #### 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 factor: Underground mining method allows for higher grades - Negative factor: Inferred resource category has lower confidence - Negative factor: Gold grade is weak for underground mining Evidence · table > 2.50 Context: 3,368 #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: 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 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/galway-metals-reports-updated-clarence-stream-mineral-resource-estimate--2b2c9dd6-c383-4d70-bd2e-87e7182dda67#fact-resource-facts-31) Clarence Stream Gold Project · antimony #### 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 factor: Antimony as a byproduct - Negative factor: Inferred resource category has lower confidence Evidence · table > 160 Context: 3,368 #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: 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 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/galway-metals-reports-updated-clarence-stream-mineral-resource-estimate--2b2c9dd6-c383-4d70-bd2e-87e7182dda67#fact-resource-facts-32) Clarence Stream Gold Project · gold #### 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 factor: Significant increase in Indicated gold ounces \(54%\) - Positive factor: Indicated resource category provides higher confidence - Positive factor: Large total tonnage - Positive factor: Moderate gold grade Evidence · table > 1.62 Context: 27,201 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: 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 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **Contained Metal Growth** Polarity: positive Definition: 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 Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/galway-metals-reports-updated-clarence-stream-mineral-resource-estimate--2b2c9dd6-c383-4d70-bd2e-87e7182dda67#fact-resource-facts-33) Clarence Stream Gold Project · antimony #### 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 factor: Significant increase in contained antimony \(103%\) - Positive factor: Antimony as a significant byproduct Evidence · table > 716 Context: 27,201 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: 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 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **Contained Metal Growth** Polarity: positive Definition: 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 Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/galway-metals-reports-updated-clarence-stream-mineral-resource-estimate--2b2c9dd6-c383-4d70-bd2e-87e7182dda67#fact-resource-facts-34) Clarence Stream Gold Project · gold #### 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 factor: Large total tonnage - Positive factor: Moderate gold grade - Negative factor: Inferred resource category has lower confidence Evidence · table > 1.40 Context: 28,538 #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: 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 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/galway-metals-reports-updated-clarence-stream-mineral-resource-estimate--2b2c9dd6-c383-4d70-bd2e-87e7182dda67#fact-resource-facts-35) Clarence Stream Gold Project · antimony #### 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 factor: Significant increase in contained antimony \(45%\) - Positive factor: Antimony as a byproduct - Negative factor: Inferred resource category has lower confidence Evidence · table > 107 Context: 28,538 #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: 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 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **Contained Metal Growth** Polarity: positive Definition: 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 Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate **PEA-Supporting** Polarity: neutral Definition: 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.