iMetal Resources Receives Final VTEM Interpretation - [7] Exploration Targets Areas Identified

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[{"type":"text","content":"iMetal Resources Receives Final VTEM Interpretation - [7] Exploration Targets Areas Identified(via TheNewswire)\n \n \nVancouver, BC / TheNewswire / May 16th, 2019 - iMetal Resources Inc. (TSXV: IMR) (\"iMetal\" or the \"Company\") is pleased to announce it has received the final interpretive report from a 589 line kilometre helicopter-borne versatile time domain electromagnetic (VTEM(TM) plus), and horizontal magnetic gradiometer geophysical surveys completed in December 2018. The survey covers the northern 50% of the Gowganda West Project. The project is located 20 km from Gowganda, Ontario and 90 km from Kirkland Lake, Ontario and is accessible year-round by all-weather road and serviced by excellent infrastructure. \n\n \n \nVTEM SURVEY RESULTS - [7] EXPLORATION TARGETS IDENTIFIED\n\n \n \nThe final interpretation based on the magnetic and electromagnetic data identifies [7] areas deemed prospective for gold mineralization and suitable suitable for ground follow-up on the property. The geophysical surveys have increased the number of target areas from 3 targets announced on April 8th, 2019 based on initial exploration data. The new targets are close to regional scale fault zones and related second order structures and are hosted in Archean basement rocks and Huronian Gowganda Formation sedimentary rocks. The zones are characterized by high chargeability responses. \n\n \n \nThe inversion of magnetic data indicates the [7] prospect areas have linear trends parallel to northwest-southeast-trending district scale fault zones. These fault zones are parallel to and may be a continuation of the South Corridor Gold Trend, a metallogenetic feature adjacent to the Juby gold deposit trend. As such the fault zones and related secondary structures represent potential sites of hydrothermal fluid flow and the development of observed large scale gold-mineralized alteration zones on the property. Gold zones Z-1, Z-1S and Z-3 (see news releases, Oct 30th, 2017, March 1, 2019 and Nov 22nd, 2017) are adjacent to these district scale faults and potentially along the numerous second-order faults.\n\n \n \nThe geophysical interpretation also indicates the likely depth of burial for the source of the geophysical anomalies is from zero to between 75-100 metres below surface.\n\n \n \nDescriptions of the exploration targets\n\n \n \nFinal interpreta...

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