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Galway Metals Rides High Gold Prices to Expand Resources

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Galway Metals Rides High Gold Prices to Expand Resources

Galway Metals (TSE:GWM) has released an update.

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Galway Metals Inc. is capitalizing on the surging gold prices by advancing its flagship Clarence Stream gold project in New Brunswick and the Estrades zinc-copper-lead-gold-silver mine in Quebec. The company has raised $4.5 million for exploration and is updating its mineral resources estimates to reflect recent drilling results and higher metal prices. With two drills currently active and a third expected, Galway Metals aims to expand resources and improve project economics amidst a favorable market.

For further insights into TSE:GWM stock, check out TipRanks’ Stock Analysis page.

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