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iMetal Resources Inc V.IMR

Alternate Symbol(s):  IMRFF

iMetal Resources, Inc. is a Canadian junior exploration company focused on the exploration and development of its portfolio of resource properties in Ontario and Quebec. The Company’s projects include Gowganda, Ghost Mountain and Carheil. The Company’s flagship property, Gowganda West, is an exploration-stage gold project and is located within the Shining Tree Camp area in the southern part of the Abitibi Greenstone Gold Belt about 100 kilometers (km) south-southeast of the Timmins Gold Camp. Its 100% owned, Ghost Mountain property consists of 11 claim units (11 square kilometers (km2)) of land that straddles the gold-prolific Destor-Porcupine Structure in Kirkland Lake, Ontario. The 220 hectare Ghost Mountain property, 42 km Northeast (NE) of Kirkland Lake, lies five km West of Agnico Eagle's Holt and Holloway Mine. Its Carheil is an exploration-stage project with multi-metal potential. The project is about 170 km north of Rouyn-Noranda in the Northern Abitibi Greenstone Belt.


TSXV:IMR - Post by User

Bullboard Posts
Post by Mykaljon Oct 22, 2019 10:39am
105 Views
Post# 30254623

News

NewsiMetal begins drilling at Gowganda West Zone 3

2019-10-21 16:07 ET - News Release

Mr. Johan Grandin reports

iMETAL RESOURCES INC. COMMENCES DRILL PROGRAM TO TEST LARGE ANOMALY AT ZONE 3 IN GOWGANDA WEST, ONTARIO

iMetal Resources Inc.'s first ever diamond drilling program has commenced at Zone 3 in the company's Gowganda West project. Upon completion of the induced polarization program and subsequent interpretation, a number of high chargeability anomalies were identified. As such, the iMetal team has determined that Zone 3 be the company's first priority. (Please see press release dated Oct. 4, 2019.)

The Zone 3 IP survey covered an area of 1.2 square kilometres and 500 metres in vertical height. iMetal will drill its first test hole of this major anomaly to a depth of 500 metres. Arrangements have already been made with a drilling company from the local area.

Laframboise Drilling from Earlton, Ont., has been contracted for the drill program. iMetal intends to assay this drill hole for gold, base metals and other elements. Resulting core data will be logged at the company's facilities in Kirkland Lake, Ont.

Johan Grandin, iMetal president and chief executive officer, commented: "We are delighted to commence our first ever drill campaign at Zone 3. The recently completed IP program has identified several high-priority exploration targets at Zone 3, and we look forward to seeing initial diamond drill hole results. In addition, a new drill program targeting the IP anomalies identified at depth at Zone 1 South is also currently being finalized. We look forward to providing the market with further updates."

iMetal Resources is a Canadian-based exploration company focused on the acquisition and exploration of prospective resource properties. iMetal is focused on advancing its Gowganda West project in Ontario, Canada.

We seek Safe Harbor.

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