iMetal Resources Mobilizes Drill Rig to Gowganda West To Commence Fall 2022 Drill Program
iMetal Resources Mobilizes Drill Rig to Gowganda West To
Commence Fall 2022 Drill Program
VANCOUVER, BC / ACCESSWIRE / September 27, 2022 / iMetal Resources, Inc.
(TSX.V:IMR)(OTC PINK:ADTFF)(FRANKFURT:A7V) ("iMetal" or the "Company") is
pleased to announce mobilization of a drill rig to Gowganda West ("GW") for the fall 2022
drilling campaign. GW is an exploration-stage gold project about 100 km south-southeast of
Timmins, Ontario, contiguous to Aris Gold Corp.'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.
The objective of the 2022 program is to follow-up on the long gold intervals encountered in the
lower sections of the westernmost drill holes from the 2019 maiden drill program: 0.37 g/t gold
over 29.4 metres, 0.32 g/t gold over 30.25 metres, and 0.41 g/t gold over 19.5 metres. A review
of the IMR database by our revamped technical team has identified gold targets along strike
(northwest-southeast), along potential parallel trends (as seen at the adjacent Juby Project), and
potential new trends where geophysics suggests a potential continuation or splay structure from
the Juby Fault may be striking onto GW. Where it is adjacent to Aris Gold Corp's property, GW
is underlain by the same basement metasediments that host two of the four main zones of the
Juby Deposit.
Concurrently, the Company will further evaluate the 6-kilometre gold trend hosting Zone 1 and
Zone 3 in combination with the airborne geophysics to identify targets for the latter part of the
fall 2022 program.
Saf Dhillon, Chief Executive Officer, stated: "We are really looking forward to building on the
knowledge gained from our maiden drill program back in 2019. Gowganda West is a unique
opportunity to explore an under-loved and under-drilled area of near-surface, shallow-
overburden, gold-bearing rocks in the Abitibi Greenstone Gold Belt, less than 2 kilometres from
a multi-million-ounce gold deposit."
The scientific and technical information contained in this news release has been reviewed and
approved by R. Tim Henneberry, P. Geo (British Columbia), a director 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 advanced 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.
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.