Galway Metals Inc. announced that it has commenced additional metallurgical and process definition studies for the Company's 100%-owned Clarence Stream high-grade gold project in New Brunswick, Canada. Mr. Steve Haggarty, P.Eng, Managing Director of Haggarty Technical Services Corp, is supporting the test program, which involves an integrated approach expanding on previously completed studies aimed at advancing process flowsheet definition with an emphasis on gold recovery. Galway intends to use McClelland Labs in Nevada, and to examine the metallurgical characteristics of composite samples from the North, South, and Southwest zones.

Metallurgical test work will continue throughout 2024 and follows work previously completed for the North and South zones. The Clarence Stream deposits can be characterized as intrusion-related, structurally controlled, quartz-vein hosted gold deposits. These deposits consist of quartz veins and quartz stockwork within brittle-ductile fault zones that include adjacent crushed, altered wall rocks and veinlet material.

The mineralized systems are hosted in intrusive and metasedimentary rocks within high strain zones controlled by regional fault systems. Pyrite, base metal sulphides, and stibnite occur in these deposits along with anomalous concentrations of bismuth, arsenic, antimony, and tungsten. Alteration in the host rocks is confined within a few metres of quartz veins and occurs mainly in the form of sericitization and chloritization.