iMetal Resources Surrenders Kerrs Gold Deposit
iMetal Resources Surrenders Kerrs Gold Deposit
VANCOUVER, BC / ACCESSWIRE / March 12, 2024 / iMetal Resources Inc.
(TSXV:IMR)(OTCQB:IMRFF)(FRANKFURT:A7V) ("iMetal" or the "Company")
announces it has chosen not to proceed with the Kerrs Gold property option to concentrate on its
core Gowganda West asset.
The Company has not assumed any liabilities or ongoing obligations in connection with the
surrender of the Kerrs Gold Deposit.
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. The flagship property
Gowganda West, is an exploration-stage gold project with a recent discovery hole of 48.5m at
0.85 g/t gold 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 220-hectare Ghost Mountain property, 42 kilometres NE of Kirkland
Lake, lies 5 kilometres W of Agnico Eagle's Holt and Holloway Mine. Carheil is an exploration-
stage project with multi-metal potential and previous graphite results. The project is about 170
km north of Rouyn-Noranda in the Northern Abitibi Greenstone Belt.
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.