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iMetal Resources Drone Magnetics Final Interpretation Received for Shining Tree Block Near Gowganda West
VANCOUVER, BC / ACCESSWIRE / February 16, 2023 / iMetal Resources, Inc. (TSXV:IMR)(OTC PINK:ADT...
About this update from Imetal Resources Inc.
[{"type":"text","content":"iMetal Resources Drone Magnetics Final Interpretation Received for Shining Tree Block Near Gowganda WestVANCOUVER, BC / ACCESSWIRE / February 16, 2023 / iMetal Resources, Inc. (TSXV:IMR)(OTC PINK:ADTFF)(FRANKFURT:A7V) (\"iMetal\" or the \"Company\") is pleased to announce receipt of final results and interpretation of a drone magnetics survey at its 565-hectare Shining Tree block, 3.75 kilometres west of iMetal's Gowganda West property. The survey was completed in October and November 2022. Results of the survey have identified four priority target areas for gold exploration.The key target area is Target 2, interpreted to be a structurally controlled potential intrusive (metavolcanic) complex, offset by NNW faults and possibly controlled by NNE family of faults. The interpretation of the results included a geophysical interpretation of the bedrock (Figure 1) and the 3D inversions (for example Figure 2).Saf Dhillon, Chief Executive Officer, stated: \"Our recent financings have allowed iMetal to begin exploring our additional Shining Tree District holdings adjacent to our flagship Gowganda West property. We are very pleased with the initial drone magnetic results from our Shining Tree block and the Company plans to ground truth all anomalies, initially concentrating on Target 2, in preparation for mechanical trenching and drilling, as soon as the snow clears.\"The survey included a total of 224-line kms of data. A thorough Quality Control process was performed, and then the following advanced processing was applied to the data:Total Magnetic Intensity (TMI)TMI reduced to the north magnetic pole (RTP)TMI RTP Calculated 1st vertical derivative (1VD)Calculated Analytic Signal (AS) of the TMITilt Derivative (TDR) of the TMITotal Horizontal Derivative (THDR) of the TMI3D inversion by two methodologies: Inversion for magnetic susceptibility distribution, and magnetic vector inversion.Figure 1 - Geophysical Interpretation East Shining Tree Block Figure 2 - 3D Magnetic Susceptibility Inversion (looking to the NE) All processing and interpretation has been completed by Robert Hearst, P.Geo. of GeoFizX Geophysical Consulting.The scientific and technical information contained in this news release has been reviewed and approved by Scott Zelligan, P. Geo (Ontario), VP Exploration of iMetal and a qualified person as defined in National Instrume...