Core Viewpoint - iMetal Resources Inc. has initiated its 2025 Phase I drill program at the Gowganda West project, focusing on expanding gold mineralization discovered in previous drilling [1][3]. Group 1: Drill Program Details - The planned drill program will consist of approximately 2,000 meters with 4 to 6 holes aimed at testing the discovery zone along strike and dip, as well as exploring additional mineralization bands in the footwall [2]. - Diafor Inc. will conduct the drilling, while Laurentia Exploration Inc. will provide technical and geological supervision [2]. Group 2: Project Background and Significance - The Gowganda West property is located about 100 km south-southeast of Timmins, Ontario, and is adjacent to McFarlane Lake Mining's Juby Deposits Project [4]. - The property features a significant gold prospective area of Timiskaming metasediments, approximately 7 km in strike and up to 5 km in width, which has shown increasing alteration and gold values in recent drill programs [3][4]. - The recent discovery hole IMGW23-04 revealed a gold interval of 48.5 meters at a grade of 0.85 g/t, indicating a strong correlation between silica alteration and gold grades [3][4]. Group 3: Company Overview - iMetal Resources Inc. is a Canadian junior exploration company focused on the exploration and development of resource properties in Ontario and Quebec, with Gowganda West being its flagship project [6]. - The company also holds the Ghost Mountain property and the Carheil project, which have multi-metal potential and previous graphite results [6].
iMetal Resources Commences 2025 Drilling at Gowganda West
Newsfileยท2025-10-01 07:15