Business
iMetal Resources Provides Corporate Update
VANCOUVER, BC / ACCESSWIRE / November 18, 2021 / iMetal Resources, Inc. (TSXV:IMR)(OTC PINK:A...

About this update from Imetal Resources Inc.
[{"type":"text","content":"iMetal Resources Provides Corporate UpdateVANCOUVER, BC / ACCESSWIRE / November 18, 2021 / iMetal Resources, Inc. (TSXV:IMR)(OTC PINK:ADTFF)(FRANKFURT:A7V2) (\"iMetal\" or the \"Company\") 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 continue to reap the benefits of our continuing joint efforts with the Riverside technical team as we ramp up our focus on the Gowganda West project,\" commented CEO Saf Dhillon. \"The combined team continues to work with the historic and 2021 exploration data to define targets for a proposed Q1 2022 drilling program,\" he continued.Zone 1 Trench 1The trenching / stripping program concentrated at Zone 1,300 metres to the south of the boundary with Aris Gold's Juby Deposit. Trenching extended the mineralization and alteration over a distance of 300 metres, open in both directions, exposing semi-continuous quartz veining within north-south shearing enveloped by 15 to 20 metres of fuchsite (green alteration) and sericite that locally grades into distal epidote.Mineralization consists predominantly of pyrite (1-2%) with traces of pyrrhotite and chalcopyrite within veins that range from several centimeters to about 70cm. Channel sampling in 2018 returned values of 5.1 g/t gold over 0.80m and 8.7 g/t gold over 0.30m. Trenching highlights in 2021 included: 3.29 g/t gold over 1.8m, 10.85 g/t gold over 0.35m and 2.93 g/t gold over 2m. The higher grades appear to be associated with the quartz veins and fuchsite. Equally import, the vein envelopes typically show quartz carbonate veining and sericite alteration that often returns significant (0.2 to 2 g/t) gold values.Initial drilling in 2019 returned drill intersections including: 2.95 g/t gold over 2.5 metres, 1.43 g/t gold over 4.6 metres and longer intervals of 0.37 g/t gold over 29.4 metres and 0.32 g/t gold over 30.25 metres (see press release dated April 20, 2020).2021 Trench LocationsRegional ContextThe shear zone hosting Zone 1 is a large secondary north-south structure that appears to be traced 6 kilometre...