Market Herald logo

Subscribe

Be the first with the news that moves the market
  • iMetal Resources Inc. (IMR) commences exploration at Gowganda
  • Geophysical and drilling data and has recommended a surface ground truthing program of geological mapping and trenching to confirm drill targets prior to a late H1 drill program
  • The Gowganda West property covers approximately 147 square km in the Shining Tree volcano-sedimentary succession
  • iMetal Resources is a Canadian based junior exploration company focused on the exploration and development of its portfolio
  • iMetal Resources Inc. (IMR) is up 9.52 per cent, trading at C$0.12 at market close

Planning for iMetal Resources'(IMR) 2021 Phase I exploration program has been completed.

The program will commence before the end of the month.

The Riverside Resources Technical team has spent the last few months reviewing the historic iMetal sampling, geophysical and drilling data and has recommended a surface ground truthing program of geological mapping and trenching to confirm drill targets prior to a late H1 drill program.

“The Technical Team feels additional surface mapping and trenching is a prudent approach before further drilling is undertaken,” commented iMetal CEO Saf Dhillon.

“The two-week mapping and trenching program will focus on extending the mineralization footprint at both Zone 1 and Zone 3. Equally importantly, the program will ground truth high priority targets generated from the 2019, Zone 1 and Zone 3 IP survey,” concluded Dhillon.

The Gowganda West property covers approximately 147 square km in the Shining Tree volcano-sedimentary succession.

This property is located in the southwestern Abitibi Greenstone Belt contiguous to the north and west of Aris Gold Corp.’s (formerly Caldas Gold Corp.) Juby Gold deposit.

It is a series of four mineralized alteration zones along the Tyrrell Shear Zone.

iMetal Resources is a Canadian based junior exploration company focused on the exploration and development of its portfolio of resource properties in Ontario and Québec.

iMetal Resources Inc. (IMR) is up 9.52 per cent, trading at C$0.12 at market close.

More From The Market Herald
Superior Gold - Director, Michael Pesner.

" Superior Gold (TSXV:SGI) nominates new director

Superior Gold (SGI) has filed a management information circular for its annual general meeting.

" Sulliden Mining Capital (TSX:SMC) acquires securities of Xander Resources

Sulliden Mining Capital (SMC) acquired 7,142,857 units of Xander Resources in a private placement.

" Eastern Platinum (TSX:ELR) updates technical report on Crocodile River Mine

Eastern Platinum Limited (ELR) has filed a Technical Report on the Crocodile River Mine (CRM), North West Province in South Africa.