iMetal Resources (IMR:tsxv) is a Canadian-based mineral exploration company significant holdings in the mining friendly district of Ontario. Our focus is on delivering shareholder value through the acquisition, exploration and development of these properties.
On a Mission of Discovery
- The prospective property is located less than a kilometre south of Tahoe Resources’ 4 million ounce Juby gold deposit (1.1 million ounces Measured & Indicated, 2.9 million oz. Inferred), 20 km WSW of Gowganda Ontario, and 90 km SW of Kirkland Lake Ontario.
- After a season of extensive prospecting and fieldwork, the project has become even more
compelling. So much so, in fact, iMetal increased its land position five fold: from 20 km2
to 150 km2
- Historically, the property has seen almost no exploration - mainly because it’s covered by glacial
overburden as well as meta-sediments as opposed to the easier to prospect meta-volcanics
(greenstones). However, “windows” within these meta-sediments and late-stage intrusions
cutting through them prove that gold, silver, copper and even cobalt are present.
- This past year, IMR has identified and sampled a number of these “windows” on its property. Grab
sample results assayed as high as 56.59 g/t gold, 15 g/t silver, and 2.6% copper. What is
particularly interesting is that two of these “windows” lie 5 km apart along a common structural
trend and the associated mineralization may be part of a larger system just beneath the surface.
Further exploration, as well as geophysics and a drill program may provide the market with some
exciting results.
read full report: Rocks to Riches
