Momentum Public Relations
Press Release: December 17, 2018
iMetal Resources Inc. has provided a exploration and corporate update as the company rapidly progresses toward maiden drilling at its Gowganda West property, contiguous to the Juby project and 15 kilometres west of a new drilling discovery announced by Canada Cobalt.
Highlights:
- iMetal has increased its Gowganda West land package to 140 square kilometres by adding, through staking, an additional 35 square kilometres along the eastern boundary in Leith township. As a new understanding of Gowganda West emerges through extensive sampling and state-of-the-art airborne geophysics, areas previously neglected due to overburden cover are considered much more highly prospective for gold, copper, silver, cobalt and other metals;
- Phase 1 channel sampling has been completed at newly discovered highly mineralized outcrops at Zone 1 South — results pending;
- Geotech is in the process of completing a nearly 500-line-kilometre phase 1 versatile time domain electromagnetic and magnetics survey at Gowganda West.
Tom O’Connor, iMetal exploration manager, commented: “The extent to which we have been able to systematically advance this project in recent months has our team tremendously excited leading up to first-ever drilling, hence the decision to expand the property package by more than 30 per cent.
“We’re pushing hard with our exploration plans going into year-end and the start of 2019. The Gowganda area is becoming a major new focus of attention in Northeast Ontario and we’re very pleased to be playing a key role,” Mr. O’Connor concluded.
We seek Safe Harbor.