Recent Insider Transactions • 20h
President recently bought CA$52k worth of stock On the 17th of August, Robert Hinchcliffe bought around 92k shares on-market at roughly CA$0.57 per share. This transaction amounted to 1.1% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Robert has been a buyer over the last 12 months, purchasing a net total of CA$219k worth in shares. Announcement • Jul 25
Galway Metals Commences 5,000-Metre Drill Program at Estrades Funded by DOWA Galway Metals Inc. announced that two diamond drills have been mobilized and drilling has commenced at the Estrades Project in the northern Abitibi region of western Québec. The approximately 5,000-metre program forms part of the Phase I work program under the Option and Joint Venture Term Sheet with DOWA METALS & MINING CO., LTD. ("DOWA"), announced in January 2026. The Estrades Project is a high-grade, gold- and zinc-rich volcanic massive sulphide (VMS) deposit. Historically, Breakwater Resources Ltd. invested approximately CAD 20 million developing the precious-metal-rich deposit, which was previously mined via a 200-metre- deep ramp with production in 1990-1991. Galway released a positive Preliminary Economic Assessment on the Estrades Project earlier this year. Announcement • Jul 23
Galway Metals Inc. Engages Bba E&C Inc. to Complete Preliminary Economic Assessment for Clarence Stream Gold Project Galway Metals Inc. announced that it has engaged BBA E&C Inc. to complete a Preliminary Economic Assessment (PEA) for its 100%-owned Clarence Stream Gold Project located in southwestern New Brunswick, Canada. The PEA will build upon the Company's recently completed updated Mineral Resource Estimate, announced on July 13, 2026, and incorporate the significant technical work completed over the past several years to evaluate the economic potential of the Project. The decision to initiate the PEA reflects the continued advancement of the Clarence Stream Project and the continued strength in the gold market. The Preliminary Economic Assessment will be based on the Company's recently announced 2026 Mineral Resource Estimate prepared in accordance with National Instrument 43-101, which includes: Indicated Mineral Resource: 27.2 million tonnes grading 1.62 g/t Au containing 1.42 million ounces of gold. Inferred Mineral Resource: 28.5 million tonnes grading 1.40 g/t Au containing 1.29 million ounces of gold. The updated Mineral Resource Estimate reflects a substantial increase in Indicated Mineral Resources compared to the previous estimate while providing a significantly stronger foundation for engineering studies and future project development. The resource encompasses the North, South and Southwest deposits, which remain open for expansion through ongoing drilling across Galway's 65-kilometre Clarence Stream district. The Preliminary Economic Assessment will evaluate the potential development of the Clarence Stream Gold Project, including mining and processing alternatives, infrastructure requirements, capital and operating cost estimates, and a range of engineering trade-off studies aimed at optimizing the Project and support selection of a preferred development scenario. The study will also assess opportunities to optimize processing alternatives, project infrastructure and the overall development strategy. The PEA will be based on the Company's recently completed updated Mineral Resource Estimate together with the significant technical work completed over the past several years, including resource expansion and infill drilling, metallurgical studies, environmental baseline programs and other supporting engineering initiatives. The results are expected to provide an important milestone in advancing Clarence Stream toward future engineering studies and project development. As a Preliminary Economic Assessment, the study is preliminary in nature and includes Inferred Mineral Resources that are considered too speculative geologically to have the economic considerations applied to them that would enable them to be categorized as Mineral Reserves. There is no certainty that the conclusions of the PEA will be realized.