iMetal Resources Inc. is pleased to announce mobilization of a drill rig to Gowganda West for the fall 2022 drilling campaign. GW 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 [...]
iMetal Resources Inc. is pleased to announce receipt of a three-year drill and exploration permit to carry out the next phase of exploration at its 100% owned Gowganda West gold property. The property is located in the Shining Tree District of the Abitibi Greenstone Gold Belt in Northern Ontario. The permit includes: 15 line km's of induced polarization surveying; Trenching to refine gold targets at up to 25 locations [...]
iMetal Resources Inc. is pleased to announce the completion of a drone magnetics survey at its 220-hectare Ghost Mountain property, located 42 kilometres northeast of Kirkland Lake, Ontario, in the Abitibi Greenstone Gold Belt. "The recent successes at Agnico Eagle's Holt and Holloway Mine, 5 kilometres east of the Ghost Mountain property necessitates a closer look at Ghost Mountain. The Drone mag survey was the first [...]
iMetal Resources Inc. announces that it has closed its non-brokered private placement for gross proceeds of $3,000,000. In connection with closing of the Placement, the Company issued 16,666,667 units at a price of $0.12 per NFT Unit, and 6,666,667 flow-through units at a price of $0.15 per FT Unit Each NFT Unit and FT Unit consists of one common share of the Company and one common share purchase warrant exercisable to [...]
iMetal Resources Inc. is pleased to announce that it has received the approval of the TSX Venture Exchange for the option to acquire 100% of the 665 hectare Kerrs Gold Deposit, located 90 kilometres east-northeast of Timmins, Ontario, in the Abitibi Greenstone Gold Belt. The Kerrs Gold Deposit is comprised of a series of gold-bearing pyritized quartz vein replacement breccias enveloped by quartz fuchsite carbonate vein [...]
iMetal Resources Inc. announces that as a result of market interest it has elected to increase the size of its previously announced non-brokered private placement . The Company will continue to offer up to 16,666,667 units at a price of $0.12 per Unit for gross proceeds of up to $2,000,000. Each "Unit" will consist of one common share of the Company and one common share purchase warrant exercisable to acquire an [...]
iMetal Resources Inc. is pleased to announce that it will conduct a non-brokered private placement of up to 16,666,667 units at a price of $0.12 per Unit for gross proceeds of up to $2,000,000. Each "Unit" will consist of one common share of the Company and one common share purchase warrant exercisable to acquire an additional common share at a price of $0.20 for a period of twenty-four months. The Company also announces [...]
iMetal Resources Inc. is pleased to announce it has entered into an agreement pursuant to which it has been granted the option to acquire the 665 hectare Kerrs Gold Deposit, 90 kilometres east-northeast of Timmins, Ontario, in the Abitibi Greenstone Gold Belt. The Kerrs Gold Deposit is comprised of a series of gold-bearing pyritized quartz vein replacement breccias enveloped by quartz fuchsite carbonate vein breccias [...]
iMetal Resources Inc. announces that effective at the close of business on January 13, 2022, it will consolidate its common share capital on a five-for-one basis . Effective at the opening of markets on January 14, 2022, the common shares of the Company will commence trading on a post-Consolidation basis under the existing ticker symbol "IMR". The Company currently has 51,730,372 common shares outstanding. Following [...]
iMetal Resources Inc. is pleased to release the results of its Annual General Meeting of shareholders which was held on December 20, 2021, at its corporate offices located at Suite 550, 800 West Pender Street, Vancouver, B.C. All matters submitted to the shareholders for approval, as set out in the Company's notice of meeting and information circular, were approved by an overwhelming majority of votes cast. At the [...]
iMetal Resources Inc. is pleased to announce it has completed a field review of the 2021 excavator trenching program to correlate the assay results with the exposed geology, ground and airborne geophysics and 2019 drilling at its flagship Gowganda West Gold Property, in the Shining Tree District of northern Ontario. The technical team is now firming up the geological model in advance of a Q1 2022 drill program. "We [...]
iMetal Resources Inc. is pleased to announce results from the 2021 trenching program at its Gowganda West property in the Shining Tree District of the Abitibi Greenstone Gold Belt in Northern Ontario. The Company excavated a total of 5 trenches following up on spring 2021 prospecting results. Three of these trenches were located at Zone 1 near the area of 2019 drilling. Highlights from Trench 1 include: 3.29 g/t gold over [...]