CA Market News
3月前
iMetal Resources Intersects 16.65 Metres at 1.24 g/t Gold Within 62.25 Metres at 0.61 g/t Gold at Gowganda WestFebruary 26, 2026 9:32 AM
NewsfileVancouver, British Columbia--(Newsfile Corp. - February 26, 2026) - iMetal Resources Inc. (TSXV: IMR) (OTCQB: IMRFF) (FSE: A7VA) ("iMetal" or the "Company") has intersected 16.65 metres at 1.25 g/t gold within 62.25 metres at 0.61 g/t gold at its Gowganda West Gold Project, southwest of Timmins, Ontario. Drilling in the West Zone intersected broad levels of gold mineralization in multiple holes, with long intervals of gold mineralization encountered in two of the six holes completed during the program, complementing the spring 2023 discovery hole of 48.5m of 0.85 g/t Au starting at 316.5m (see News Release dated 2023-Jun-06).Highlights:IMGW-25-06 returned 0.424 g/t gold over 278.35 metres from 45.1 to 323.45 metres, which included several sub-intervals, including:1.019 g/t gold over 7.4 metres from 118.75 to 126.15 metres0.566 g/t over 80 metres from 154 to 234 metres0.610 g/t gold over 62.45 metres from 261 to 323.45 metres, including1.239 g/t gold over 16.65 metres from 289.35 to 306 metresIMGW-25-01 returned 0.419 g/t gold over 65.75 metres from 276.7 to 342.45 metres, including0.868 g/t gold over 8 metres from 296.5 to 304 metres0.786 g/t gold over 5.8 metres from 315.95 to 321.75 metresIMGW-25-03 returned 1.116 g/t gold over 6.2 metres from 342.75 to 348.95 metresMcFarlane Lake Mining Limited, contiguous to the northwest has identifed a parallel zone to it's Juby Zone within the regional Ridout-Tyrrell Deformation Zone, the 826 Zone, which appears to trend into the West Zone."These results continue to expand the gold system at Gowganda West and demonstrate both broad mineralization and higher-grade internal intervals," stated Saf Dhillon, President & CEO of iMetal. "The scale of the mineralized envelope, combined with its proximity to the Juby Deposit and the emerging 826 Zone, reinforces the structural significance of this corridor. We look forward to incorporating these results into our ongoing geological model and planning the next phase of drilling!" commented iMetal President & CEO Saf Dhillon. The drilling intersected the targeted host rocks that exhibited alteration patterns and mineralization similar to that which was intersected in the 2023 drill program. The dominant rock type intersected is a matrix supported greenish polymictic conglomerate composed of heterogenous centimetric to pluricentimetric round clasts with different colors. A percentage of the red clasts are magnetic but the matrix is not. Zones of moderate to pervasive hematization /potassic alteration, sericitization and silicification were noted in the drill holes. Mineralization included disseminated and clast-replacement controlled pyrite, while a few holes also intersected local chalcopyrite vein fractures or plurimillimetric clusters. Alteration intensity appears to be a control on elevated gold values. Pyrite content also shows a relationship with elevated gold values and intensity of alteration.Table 1. 2025 Key IntervalsTo view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/7946/285465_table1.jpgDrilling also intersected multiple dykes in all holes. Diabase ranged in width from 1.45 to 45.05 metres in width and did not return any elevated gold values, though elevated gold values were noted at the lower contacts in several holes. Fine-grained intermediate dykes range in width from 1 to 20.8 metres and carry gold values in some instances but not others.Table 2. 2025 Drill Collar TableTo view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/7946/285465_table2.jpgThe Gowganda West property hosts a large package of gold prospective Timiskaming metasediments, approximately 7 km in strike and up to 5 km in width, that hosts all the gold mineralization thus far discovered on the property. Successive drill programs advancing to the southwest continued to intersect increasing alteration and gold values in suspected NW trending zones and lead directly to the IMGW23-04 discovery hole. The 48.5m gold interval is characterized by a coarse-grained to boulder-sized conglomerate, with moderate to pervasive silica alteration associated with a large intermediate-mafic dyke. Ther 2022 and 2023 drill programs appear to suggest a strong correlation between the intensity of the silica alteration and increased gold grades.Figure 1. 2026 Drill Hole LocationsTo view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/7946/285465_6b2a3af7241a6a98_002full.jpgGowganda West is an exploration-stage gold project about 100 km south-southeast of Timmins, Ontario; contiguous to McFarlane Lake Mining's Juby Deposits Project in the Shining Tree Camp of the southern part of the Abitibi Greenstone Gold Belt; and also contiguous to the Knight project that is part of the Strategic Partnership between Orecap Invest Corp. and Agnico Eagle Mines Ltd. iMetal's fall 2022 and spring 2023 drill program were successful in intersecting new gold trends in the SW section of the property. The Property also has multiple-ounce grab samples from trends that have yet to be drill tested.Figure 3. All 2026 Drill IntervalsTo view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/7946/285465_table3.jpgImage 1To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/7946/285465_image1.jpgImage 2To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/7946/285465_image2.jpgImage 3To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/7946/285465_image3.jpgQA/QCAll samples were dispatched to ALS Minerals prep facilites at either Val D'Or or Lachine (Montreal) where they underwent standard preparation procedures of CRU-21 and PREP-31. All pulps were then dispatched to ALS Minerals North Vancouver to undergo the Au-AA24 procedure, a 50 gram gold fire assay with an AAS finish. Intervals of visible chalcopyrite underwent the ME-ICP41 procedure, again in North Vancouver. All ALS Minerals laboratories and prep labs are Standards Council of Canada (SCC) ISO/IEC 17025 accredited facilities and are independent of iMetal Resources Inc. A rigorous QA/QC program is was instituted with a certified standard and a blank inserted at an interval of every thirty samples. Each 30th sample is also be duplicated. No anomalies were noted in the QA/QC data.Qualified PersonThe technical content of the New Release has been reviewed and approved by R.Tim Henneberry, P.Geo. (BC), a director of the Company and a Qualified Person under 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. 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 & CEOiMetal Resources Inc.
saf @nbee-3031)
Suite 550, 800 West Pender Street, Vancouver, British Columbia, V6C 2V6.
https://imetalresources.caNeither 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 release may contain forward-looking statements or forward-looking information under applicable Canadian securities legislation that may not be based on historical fact, including, without limitation, statements containing the words "believe", "may", "plan", "will", "estimate", "continue", "anticipate", "intend", "expect", "potential", and similar expressions. Forward-looking statements involve known and unknown risks, uncertainties, and other factors which may cause the actual results, performance, or achievements of iMetal to be materially different from any future results, performance, or achievements expressed or implied by the forward-looking statements. Forward-looking statements or information in this release relates to, among other things, the potential to complete a transaction with the Vendor and the outstanding conditions to such a transaction. These forward-looking statements are based on management's current expectations and beliefs and assume, among other things, the ability of the Company to successfully pursue its current development plans, that future sources of funding will be available to the company, that relevant commodity prices will remain at levels that are economically viable for the Company and that the Company will receive relevant permits in a timely manner in order to enable its operations, but given the uncertainties, assumptions and risks, readers are cautioned not to place undue reliance on such forward-looking statements or information. The Company disclaims any obligation to update, or to publicly announce, any such statements, events or developments except as required by law.To view the source version of this press release, please visit https://www.newsfilecorp.com/release/285465
Original: iMetal Resources Intersects 16.65 Metres at 1.24 g/t Gold Within 62.25 Metres at 0.61 g/t Gold at Gowganda West
CA Market News
4月前
Adoption of Omnibus Incentive Plan & Private Placement UpdateJanuary 30, 2026 4:39 PM
NewsfileVancouver, British Columbia--(Newsfile Corp. - January 30, 2026) - iMetal Resources Inc. (TSXV: IMR) (OTCQB: IMRFF) (FSE: A7VA) ("iMetal" or the "Company"). The Company confirms shareholders approved the adoption of a new omnibus incentive plan (the "Plan") at the annual general and special meeting (the "Meeting") of shareholders held on August 7, 2025. The Plan provides for the grant of incentive stock options ("Options"), restricted share units and deferred share units. Up to ten percent of the outstanding common share capital at any time is reserved for the grant of Options, and an additional 1,007,465 shares are reserved for the grant of all other equity-based incentives. For further information regarding the Plan, and to review the full text of the Plan, readers are encouraged to review the management information circular sent to shareholders in connection with the Meeting, a copy of which is available under the profile for the Company on SEDAR+ (www.sedarplus.ca). Private Placement UpdateThe Company also reports the number of units issued in connection with closing of its $0.13 flow-through unit private placement on December 17, 2025, was incorrectly reported in the Company's news release dated December 18, 2025. The Company closed on 4,164,623 units for total gross proceeds of $541,400.99. All other terms provided in the December 18th news release remain the same. 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 & CEOiMetal Resources Inc.
saf @nbee-3031)
Suite 550, 800 West Pender Street, Vancouver, British Columbia, V6C 2V6
https://imetalresources.caNeither 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 release may contain forward-looking statements or forward-looking information under applicable Canadian securities legislation that may not be based on historical fact, including, without limitation, statements containing the words "believe", "may", "plan", "will", "estimate", "continue", "anticipate", "intend", "expect", "potential", and similar expressions. Forward-looking statements involve known and unknown risks, uncertainties, and other factors which may cause the actual results, performance, or achievements of iMetal to be materially different from any future results, performance, or achievements expressed or implied by the forward-looking statements. These forward-looking statements are based on management's current expectations and beliefs and assume, among other things, the ability of the Company to successfully pursue its current development plans, that future sources of funding will be available to the company, that relevant commodity prices will remain at levels that are economically viable for the Company and that the Company will receive relevant permits in a timely manner in order to enable its operations, but given the uncertainties, assumptions and risks, readers are cautioned not to place undue reliance on such forward-looking statements or information. The Company disclaims any obligation to update, or to publicly announce, any such statements, events or developments except as required by law.To view the source version of this press release, please visit https://www.newsfilecorp.com/release/282256
Original: Adoption of Omnibus Incentive Plan & Private Placement Update
Ther FUNKyMonkey
3年前
iMetal Resources Inc. (TSXV:IMR) (OTCQB:IMRFF) Maximizing Potential Amid Rising Gold Prices and Mining-Friendly Jurisdiction
iMetal Resources Inc. IMR IMRFF is a Canadian-based junior exploration company focused on the exploration and development of its portfolio of resource properties in Ontario and Quebec. The company is led by CEO ‘Saf' Dhillon, who has a solid track record in creating accretive shareholder value wherever he goes. For instance, he was a key member of Idaho-based U.S. Geothermal Inc.'s management team, which grew the company from a roughly $2 million startup to a successful Independent Renewable Energy Power Producer worth over $300 million.
The company’s flagship property is Gowganda West, located within the Shining Tree Camp area in the southern part of the prolific Abitibi Greenstone Gold Belt. This particular property is an exploration-stage gold project with a recent discovery hole of 48.5m at 0.85 g/t gold.
There’s a good reason why iMetal Resources Inc.
IMR
IMRFF
chose this region as the location for its flagship project. Ontario and Quebec were ranked as the 2nd and 3rd most attractive Canadian provinces for mining in a recent Fraser Institute report. Apart from having excellent infrastructure, all the world’s largest gold producers, like Newmont (Gold Corp.), Osisko, IAMGOLD, and Agnico Eagle Kirkland Lake Gold, are all active in the area.
Historically, the Greenstone Belts have produced over 200 million ounces of gold and another 400 million ounces of silver, illustrating just how resource-rich this area is. There’s currently at least 21 distinct gold deposits of over 3 million ounces and over 100 producing mines, which further reaffirms the potential of IMRFF claims. The Gowganda West project is about 147 sq km in size and is right adjacent to Aris Gold Corp.'s
ARIS
Juby deposit, which has an indicated 770,000 ounces (21 million tonnes) at 1.1 g/t and an inferred 1.5 million ounces (47 million tonnes) at 0.98 g/t.
The structures hosting the Juby deposits trend onto iMetal Resources Inc.
IMR
IMRFF
ground and are also about 100 km south-southeast of the Timmins Gold Camp. They are also contiguous to the Knight project, that is part of the Strategic Partnership between Orefinders Resources Inc. and Agnico Eagle Mines Ltd.
The company recently announced results from phase 1 of its 2023 drilling at the project, which included seven holes totaling 2,490m. All seven holes intersected gold mineralization, featuring 48.5m of 0.85 g/t Au starting at 316.5m and 20 m of 1.56 g/t Au, including 8.0m of 2.97 g/t Au, which illustrates the potential of the Gowganda West property.
But that isn’t the only project that iMetal Resources Inc.
IMR
IMRFF
is pursuing. The company’s Kerrs Gold Project is a 665-hectare property that has a rich history of gold production and still has the potential for further expansion. The property neighbors Newmont Mining, and according to a 2011 technical report, the project had an inferred resource potential of 386 kg of gold, or 7 MT, at 1.7 g/t. However, iMetal is not treating this as the current resource potential since post-resource drilling showed the deposit extended along its strike, implying the deposit could have more potential.
The company also owns 100% of the 131.6ha Ghost Mountain Property, east of Kirkland Lake, Ontario, right in the historic Porcupine Destor Fault, which hosts about 70 million ounces of gold. This project appears even more promising considering that it lies just 5km west of the Agnico Eagle Mining Holt Mine Complex, a $75 million joint venture with Newmont Mining.
iMetal Resources Inc.
IMR
IMRFF
also fully owns the Carheil property, also located in the Abitibi Greenstone Belt, though this is a flake graphite project. It encompasses approximately 5,400 acres of contiguous land and is located approximately 20km west of BHP Billiton Ltd’s past-producing Selbai Zinc mine and to the north of Hecla Mining Limited’s Casa Berardi Mine. This year, the company completed a 1053m drilling program, which returned impressive results, including 2.89% Cg over 10.55m at 2.89 percent Cg and 4.25% Cg over 5.3m, including 7.90% Cg over 1.2m.
Takeaway
The Abitibi Greenstone Gold Belts of Ontario and Quebec contain one of the largest endowments of gold in the world. IMR has three projects at different levels of development in this prolific greenstone gold belt, all of which are already producing assets, which bodes well for the company. If analysts' predictions do indeed come true and gold returns to over $2000 per ounce last witnessed in March, iMetal Resources Inc.
IMR
IMRFF
will just need to keep hitting its drill targets for H2 in order to unlock more shareholder value.
Trooperstocks
3年前
NEWS: FULL Press Release: $IMRFF (OTCQB) iMetal Resources Completes Digitally Enhanced Prospecting Survey on Its Gowganda West Project
Tue, September 26, 2023 at 6:00 AM EDT
In this article: IMRFF +40.2174%
VANCOUVER, BC / ACCESSWIRE / September 26 , 2023 / iMetal Resources Inc. (TSXV:IMR)(OTCQB:IMRFF)(FRANKFURT:A7V) ("iMetal" or the "Company") is pleased to announce completion of Phase 1 of a Digitally Enhanced Prospecting (DEP) survey at the Company's Gowganda West project, which lies within the prolific Abitibi Greenstone Gold Belt. This survey covered three areas: the area of current exploration focus south of Aris Mining's Juby Project (Zone 1 to Zone 3), and the satellite areas of Pear Lake and Pigeon Lake.
Saf Dhillon, Chief Executive Officer, stated: "Our recent drill results at Gowganda West, including 48.5m of 0.85 g/t Au in hole IMGW-23-04 announced on June 6 th of this year, have further invigorated our interest in the area. As a result, we have targeted the area for DEP in an effort to increase our mineralization footprint and help guide future drilling efforts through mapping and sampling. Gowganda West is highly prospective but still remains largely under-explored, so this is our first step at probing further at that potential."
Waring Minerals Inc. completed the DEP programs at Gowganda West. UAV LiDAR was flown in order to locate outcrops on the property for the purposes of sampling and mapping. The DEP results will be combined with previous IP, VTEM, and drilling results to guide the next stage of exploration which will include follow-up drilling programs. Surface samples have been reviewed by company geologists and select samples have been submitted to ALS Laboratories in Sudbury for analysis.
In addition to DEP, drone magnetics were flown at Gowganda West satellite properties Pear Lake and Pigeon Lake. These surveys are currently being interpreted and results will be released upon receipt of the final interpretation report.
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; and also contiguous to the Knight project that is part of the Strategic Partnership between Orefinders Resources Inc. and Agnico Eagle Mines Ltd. iMetal recently completed a 2,611 m drilling program in the fall of 2022 which intersected a new gold trend and resulted in the company announcing it's first ‘Discovery Hole' (See NR dated June 6 th , 2023). 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
Figure 1 - Plan Map of Gowganda West showing DEP Survey and Sample Locations
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 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.
info@imetalresources.ca
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.
View source version on accesswire.com:
https://www.accesswire.com/787340/imetal-resources-completes-digitally-enhanced-prospecting-survey-on-its-gowganda-west-project
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