on Galway Metals Inc. (CVE:GWM)
Galway Metals Achieves Improved Gold and Antimony Recovery
Galway Metals Inc. reported enhanced gold extraction rates and the capture of antimony as a potential by-product at its Clarence Stream gold project in New Brunswick. Q1 2025 tests on samples from various deposits indicated gold extraction levels of 89-95% for low antimony content and 85-94% for high antimony content using a hybrid process combining cyanidation and flotation. Antimony recovery ranged from 55-85%, responding to increased global demand and prices.
This achievement comes as the company explores ways to enhance overall gold recovery. The strategy involves recovering gold to doré bullion and capturing antimony within a separate concentrate. Antimony's rising market value, prompted by recent Chinese export restrictions, underscores the financial benefits this strategy may yield for Galway Metals.
R. P.
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