Go Metals Permitted to Drill
810 – 789 West Pender Street
Vancouver, BC V6C 1H2
T: 604-725-1857
CSE: GOCO
GO METALS PERMITTED TO DRILL
Vancouver, BC, October 28, 2019 – Go Metals Corp. (“Go Metals” and/or the “Company”) (CSE:GOCO)
is pleased to update regarding permitting on the 100% owned Monster IOCG Project (“Property”) in the
Yukon, Canada. Go Metals reports the following:
• Permits in place for 2020 exploration on the Monster Property
• Go Metals plans to drill 4.5 km in 2020
• The company will be discussing the program at the upcoming Yukon Geoscience Forum in
November
Permits (Class 1 notice) are now in place for a drill program, allowing for drilling of two breccia targets.
The Beast and Bloom targets are based on a trifecta of geological, geochemical and geophysical data
previously highlighted in a Company news release dated October 9th 2019.
The drill program will be supported by fixed wing and helicopter operations staging from the same camp
used in the 2019 field season. The camp has an airstrip and cabins maintained by a local outfitter.
Qualified Person
Adrian Smith, P.Geo, is the qualified person for the Company as defined in the National Instrument
NI43-101 and has reviewed the technical information presented in this news release.
About Go Metals:
Go Metals develops relevant and exciting projects in Canada. Our approach is to rely on local talent and
respect local territories while maintaining upside exposure to new discoveries. Go Metals intends to
develop energy metal projects to help meet the demand for a battery powered future.
The Monster Property is a large IOCG property in Yukon, Canada. Mineralization on the claim is similar
to that of the giant Olympic Dam IOCG-Co deposit. Since 2018 Go Metals has explored the Monster
Property using geophysics, geological, and geochemical data. The IOCG-mineralized hematitic breccias
are 90 km north of Dawson City in the Ogilvie Mountains and traditional territory of Tr'ondëk Hwëch'in.
The HSP nickel-copper PGE claim is north of Havre St Pierre in Eastern Quebec. The HSP claim is 100%
owned and covers 55 km2. There are historical showings of up to 0.72% Ni, 2% Cu, 0.14% Co, 0.36 g/t Au,
147 ppb Pt and 220 ppt Pa. Reprocessing of historical magnetic and EM data has highlighted unexplored
anomalies. The property is close to a well-maintained Quebec Hydro road. Go Metals has retained
Precision Geosurveys to fly a time domain EM survey on its HSP claim this fall.
Go Metals has released its option to earn an interest in the Barachois claim, to focus on the Monster and
HSP.
The Company announced today that incentive stock options have been granted to a consultant to
purchase up to an aggregate 250,000 common shares of the Company, pursuant to the terms of the
Company’s stock option plan. The stock options are exercisable at a price of $0.085 per common share
over a five (5) year period.
810 – 789 West Pender Street
Vancouver, BC V6C 1H2
T: 604-725-1857
CSE: GOCO
For further information, please contact:
Scott Sheldon, President
Telephone: 604.725.1857
Email: [email protected]
Forward-Looking Information:
This press release may include “forward-looking information” (as that term is defined by Canadian
securities legislation), concerning the Company’s business. Forward-looking information is based on
certain key expectations and assumptions made by the Company’s management, including future plans
for the exploration and development of its mineral properties. Although the Company believes that such
expectations and assumptions are reasonable, investors should not rely unduly on such forward-looking
information as the Company can give no assurance they will prove to be correct. Forward-looking
statements in this press release are made as of the date of this press release. The company disclaims
any intent or obligation to publicly update any forward-looking information (whether as a result of new
information, future events or results, or otherwise) other than as required by applicable securities laws.