iMETAL Resources Submits Drilling Permits for Next Phase of Exploration at Gowganda West and Ghost Mountain
iMETAL Resources Submits Drilling Permits for Next Phase of
Exploration at Gowganda West and Ghost Mountain
VANCOUVER, BC / November 23, 2022 / iMetal Resources, Inc. (TSX.V:IMR) (OTC
PINK:ADTFF) (FRANKFURT:A7V) ("iMetal" or the "Company") has submitted new
exploration drilling permits for the Company's Gowganda West and Ghost Mountain projects;
both lie 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. iMetal has just
recently completed a 2611 m drilling program and is expecting assay results imminently. The
Property has yielded previous drill results of 30 m @ 0.3 g/t with short intervals up to 6 g/t,
trenching results including 27.2 g/t Au, and grab samples including 67.9 g/t Au.
Ghost Mountain is a 220-hectare property, 42 km NE of Kirkland Lake, which lies 5 km directly
west of Agnico Eagle's Holt and Holloway Mine and within 1 km of the Porcupine-Destor Fault
Zone.
Saf Dhillon, President & Chief Executive Officer, stated: "iMetal is excited to continue exploring
for gold in Ontario. Gowganda West offers a uniquely prospective exploration opportunity in
close proximity to a multi-million-ounce deposit, and within gold-bearing Abitibi sediments.
Ghost Mountain lies in close proximity to the prolific Porcupine-Destor Fault Zone and we are
thrilled to take one step closer to our first drill program on the property."
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.