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Galway Metals Files NI 43-101 Report for Estrades Project: Updated Mineral Resource Estimate Announced

05 March, 2025 | 2 Min Read

tickers: MALRF

source: GlobeNewswire

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MALRFpositivelyThe filing of the NI 43-101 technical report for the Estrades Project by Galway Metals Inc. will likely have a positive impact on the ticker MALRF as it validates the mineral resource estimate, enhancing investor confidence in the project’s potential and the company’s overall prospects. This report, confirming the high-grade, gold-rich nature of the Estrades Project, can attract more investment and boost the stock price.

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Galway Metals Files NI 43-101 Technical Report for Estrades Project

TORONTO, March 05, 2025 — Galway Metals Inc. (TSX-V: GWM) has announced the filing of an independent technical report on SEDAR+ in accordance with National Instrument 43-101. This report supports the updated Mineral Resource Estimate for its Estrades Project, located in the northern Abitibi region of Western Quebec. The report, titled “NI 43-101 Technical Report Estrades Project, Quebec, Canada,” was prepared by SLR Consulting (Canada) Ltd. It confirms the results previously disclosed in the company’s January 27, 2025 news release. The Mineral Resource Estimate, effective as of November 5, 2024, adheres to the CIM Definition Standards for Mineral Resources and Reserves. Galway Metals is a Canadian mineral exploration and development company. Its primary focus is on advancing the high-grade, open-pit Clarence Stream gold project in southwest New Brunswick. The company also owns the Estrades project, a former producing high-grade, gold-rich polymetallic VMS mine in western Quebec. The report is available on the company’s website and under the company’s issuer profile on SEDAR+. Jesse Fisher, P.Geo., Project Manager for Galway Metals, supervised the preparation of the scientific and technical disclosure in this news release.

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