Galway Metals has secured C$14 million in flow-through financing led by cornerstone investor Michael Gentile. The funding supports aggressive drilling at the Clarence Stream gold project in New Brunswick, which holds a 2.7 million ounce gold resource and is nearing a PEA in Q1 2027.
Albright Metals has terminated its agreement with Catalyst Metals regarding the purchase of its remaining Bryah Basin tenements after failing to reach terms. The company also reported a 2026 Mineral Resource estimate for the Vail Road Gold Deposit in New Brunswick, Canada.
Albright Metals Limited announced a maiden Mineral Resource for its Vail Road Gold Deposit, totaling 188 kt at 9 g/t Au for 54,200 contained ounces. This includes a significant initial Indicated category of 33.5 kt at 20.9 g/t Au for 22,500 contained ounces, providing a strong basis for economic evaluation. The company is also progressing a Scoping Study for the deposit and provided an update on its quarterly activities and financial position, including a correction to a highlight in its previous quarterly report.
Albright Metals Limited reported its quarterly activities for September 2026, highlighting a Mineral Resource for its Vail Road Gold Deposit of 188 kt at 9 g/t Au for 54,200 contained ounces, including an initial Indicated category portion. The company also terminated mineral rights for the Gabanintha Project, receiving $500,000 cash and $1,250,000 in shares, while retaining a 0.75% gold royalty. As of quarter-end, the company held $798,532 in cash, with an estimated 1.4 quarters of funding available, though management expressed confidence in securing additional capital if needed.
Galway Metals reported high-grade gold drill results from the Southwest Deposit at the Clarence Stream Gold Project, with several holes intersecting mineralization outside current resource wireframes. The results support the existence of southwest-plunging high-grade shoots and suggest potential for deeper resource expansion and underground mining.
Galway Metals reported high-grade gold drill results from the Southwest Deposit at the Clarence Stream Gold Project, with several intercepts occurring outside current resource wireframes. The results support the interpretation of southwest-plunging high-grade shoots and suggest potential for deeper resource expansion and underground mining.
Albright Metals has appointed Orelogy to conduct a Scoping Study for the Vail Road Gold Deposit in New Brunswick, Canada. The study will evaluate technical and economic feasibility, including conceptual underground mine design, following the recent update of the mineral resource.
Albright Metals Limited's annual report details an updated JORC-compliant Mineral Resource for the Vail Road Gold Deposit in Canada, featuring an initial Indicated category of 33.5 kt at 20.9 g/t Au. The company also reported high-grade gold and antimony drill intercepts from its Golden Pike Project and continued work on its manganese and base metals projects in Western Australia. Despite operational progress, the company recorded a significant net loss and faces a material uncertainty regarding its ability to continue as a going concern.
Albright Metals has released a 2026 JORC-compliant Mineral Resource Estimate for the Vail Road Gold Deposit in New Brunswick. The global resource is 188,000 tonnes at 9.0 g/t Au, featuring an initial Indicated portion of 33,500 tonnes at 20.9 g/t Au.
Magna Terra has commenced an airborne magnetic and electromagnetic survey at the Prospect Or's Dream gold project in New Brunswick. The company also highlighted previous prospecting results, including grab samples with gold grades up to 1.97 g/t.
