iMETAL Makes New Gold Discovery at Gowganda West

About this update from Imetal Resources Inc.

[{"type":"text","content":"iMETAL Makes New Gold Discovery at Gowganda WestVANCOUVER, BC / ACCESSWIRE / June 6, 2023 / iMetal Resources Inc. (TSXV:IMR) (OTCQB:IMRFF) (FRANKFURT:A7V) (\"iMetal\" or the \"Company\") is pleased to announce results from phase 1 of its 2023 drilling at the Company's Gowganda West (\"GW\") project. Drilling included seven holes totaling 2,490m. All seven holes intersected gold mineralization. Highlights include:48.5m of 0.85 g/t Au starting at 316.5mIncluding 20m of 1.56 g/t Au, which includes 8.0m of 2.97 g/t AuIntersection is 350m west of previously known mineralization\"This discovery rewards our faith in Gowganda West and strongly suggests the area hosts significantly more gold than just the bordering Juby deposits. We will be mobilizing for further drilling in the immediate future and permits are already in place to follow up on this result,\" commented iMetal President and CEO Saf Dhillon.\"Our discovery lies wholly within the Timiskaming metasediments, making that entire rock package prospective for gold. Our technical team is now laying out an exploration program focusing closely on the large volume of potentially gold-hosting metasediments within the property boundaries. This discovery also confirms our belief in the potential of one of the most underexplored areas within the Abitibi,\" he continued.Figure 1 - Plan Map of Gowganda West showing 2023 drilling. The GW property contains a large package of Timiskaming metasediments, approximately 7 km in strike and up to 5 km in width. This package hosts all the gold mineralization thus far discovered on the property. The results in IMGW-23-04 indicate the whole package of sediments is prospective for gold, and so future work programs will focus not only on drilling off the new discovery, but in further investigating the full rock package.Table 1 - Significant ResultsTable 1 - Significant ResultsHole #FromToLengthAu (g/t)IMGW-23-0197.0098.001.001.08IMGW-23-01223.35223.650.300.47IMGW-23-02131.10132.501.400.61IMGW-23-0351.5052.501.000.43IMGW-23-0366.5867.851.270.73IMGW-23-03153.00154.501.501.04IMGW-23-03229.60230.761.160.65IMGW-23-03269.15272.283.130.50IMGW-23-0442.0043.001.002.26IMGW-23-04122.00126.104.100.77IMGW-23-04221.00222.001.000.63IMGW-23-04226.50228.001.500.51IMGW-23-04231.00232.501.500.69IMGW-23-04297.00298.281.280.71IMGW-23-04300.10301.030.930.57*IMGW-23-04316.5036...

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