iMetal Resources Recieves Exploration Permits for Next Phase of Exploration at Gowganda West
iMetal Resources Recieves Exploration Permits for Next
Phase of Exploration at Gowganda West
VANCOUVER, BC / ACCESSWIRE / January 25, 2023 / iMetal Resources, Inc.
(TSX.V:IMR) (OTC PINK:ADTFF) (FRANKFURT:A7V) ("iMetal" or the "Company") is
pleased to announce the issuance of exploration permits for the Company's Gowganda West
project which lies within the prolific Abitibi Greenstone Gold Belt.
Gowganda West 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 Mines Limited.
iMetal has just recently completed a seven-hole, 2611 m drilling program, which intersected
multiple gold zones including a new gold trend to the east of previously discovered trends.
The issued permits are three-year drill and exploration permits and cover the Zone 1 and Zone 3
exploration areas. The permits include allowance for:
• 15 line kilometres of induced polarization (IP) surveying;
• Trenching to refine gold targets at up to 25 locations and 4,000 square metres;
• Greater than 20 drill pads
Saf Dhillon, President & Chief Executive Officer, stated: "iMetal is excited by our recent results
at Gowganda West and are eager to continue exploring for gold in Ontario. Gowganda West
offers a uniquely prospective greenfields exploration opportunity in close proximity to a multi-
million-ounce deposit, and within gold-bearing Abitibi sediments. These new permits allow us to
follow-up on our recent discoveries and continue exploring areas of interest previously
identified."
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.
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.