Morning briefing — free market intel before the open

Galway Metals Inc. (GWM)

Au intercept — ND-50 at Clarence Stream

Announced 2026-06-10

Company
Galway Metals Inc.
Ticker
GWM
Property
Clarence Stream
Metal
Au
Hole ID
ND-50
Width
6 m
Grade
2.1 g/t
Gram-metres
12.6 g·m
Value per tonne (live spot)
$292.07
Precious-metal value (nugget)
$292 (100% of value)
Residual value (net, est.)
$223
Jurisdiction
New Brunswick, Canada — unconfirmed from snippet

Value per tonne is the gross in-situ rock value at today's spot prices, before recovery, mining, processing, royalties, or metallurgy — recomputed live on every page load. The nugget is the share of that value from precious metals (gold, silver, platinum, palladium, rhodium). Residual value estimates the net realizable value after recovery and operating cost — it assumes 90% recovery for precious metals, 85% for base metals, and $40/t operating cost; model your own assumptions in the calculator. Informational only; read the original NI 43-101 or JORC filing before drawing conclusions.

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