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iMetal Resources Announces Start of Drilling at Gowganda West

Exploration Programs

iMetal Resources Announces Start of Drilling at Gowganda

West

VANCOUVER, BC / April 4, 2023 / iMetal Resources, Inc. (TSX.V:IMR) (OTC

PINK:ADTFF) (FRANKFURT:A7V) ("iMetal" or the "Company") is pleased to announce

the start of drilling at the Company's Gowganda West project, which lies within the prolific

Abitibi Greenstone Gold Belt. The primary objective of this round of drilling is to further define

the zones of mineralization uncovered during the 2022 winter program and located proximal to

the shared northwest boundary with Aris Mining Corp. and its Juby deposit,

Saf Dhillon, President & CEO, stated: "We are extremely pleased to once more have a drill

turning at our flagship Gowganda West project. The developing gold trends proximal to our

shared border with Aris Mining make this a very interesting campaign as we look to continue to

move our project forward."

The Company has engaged Laframboise Drilling Inc. of Earlton, Ontario for this phase of

drilling at Gowganda West. Access to the Property has been opened and drilling has commenced

as of March 27th, 2023. Along with the focus on the NW gold trends, this phase of drilling will

probe areas of untested high-grade grab samples and test VTEM targets from the 2019 airborne

program.

Gowganda West is an exploration-stage gold project about 100 km south-southeast of Timmins,

Ontario, contiguous to Aris Mining's Juby Project in the Shining Tree Camp of the southern part

of the Abitibi Greenstone Gold Belt; contiguous also with the Knight project that is part of the

Strategic Partnership between Orefinders Resources Inc. and Agnico Eagle Mines Ltd. iMetal

completed a 2611 m drilling program in the fall of 2022 which intersected a new gold trend. The

Property also has multiple-ounce grab samples from trends that have yet to be drill tested.

The scientific and technical information contained in this news release has been reviewed and

approved by Scott Zelligan, P. Geo (Ontario), VP Exploration of iMetal and a qualified person as

defined in National Instrument 43-101.

About iMetal Resources Inc.

iMetal is a Canadian based junior exploration company focused on the exploration and

development of its portfolio of resource properties in Ontario and Quebec. One of its Flagship

properties Gowganda West, is an exploration-stage gold project that borders the Juby Deposit

and is located within the Shining Tree Camp area in the southern part of the Abitibi Greenstone

Gold Belt about 100 km south-southeast of the Timmins Gold Camp. The 665-hectare Kerrs

Gold deposit comprises a series of gold-bearing pyritized quartz vein replacement breccias with

a 2011 historic resource, 90 kilometres ENE of Timmins. The 220-hectare Ghost Mountain

property, 42 kilometres NE of Kirkland Lake, lies 5 kilometres W of Agnico Eagle's Holt and

Holloway Mine.

ON BEHALF OF THE BOARD OF DIRECTORS,

Saf Dhillon

President & CEO

iMetal Resources Inc.

[email protected]

Tel. (604-484-3031)

Suite 550, 800 West Pender Street, Vancouver, British Columbia, V6C 2V6.

https://imetalresources.ca

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined

in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy

of this release.

This news release may include forward-looking statements that are subject to risks and

uncertainties. All statements within, other than statements of historical fact, are to be considered

forward looking. Although the Company believes the expectations expressed in such forward-

looking statements are based on reasonable assumptions, such statements are not guarantees of

future performance and actual results or developments may differ materially from those in

forward-looking statements. Factors that could cause actual results to differ materially from

those in forward-looking statements include results of exploration, variations in results of

mineralization, relationships with local communities, market prices, continued availability of

capital and financing, and general economic, market or business conditions. There can be no

assurances that such statements will prove accurate and, therefore, readers are advised to rely

on their own evaluation of such uncertainties. We do not assume any obligation to update any

forward-looking statements except as required under the applicable laws.

SOURCE: iMetal Resources, Inc.