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iMetal Resources Receives Mag Survey Results for Pigeon Lake
VANCOUVER, BC / ACCESSWIRE / November 15, 2023 / iMetal Resources Inc. (TSXV:IMR)(OTCQB:IMRFF)(FR...
About this update from Imetal Resources Inc.
[{"type":"text","content":"iMetal Resources Receives Mag Survey Results for Pigeon LakeVANCOUVER, BC / ACCESSWIRE / November 15, 2023 / iMetal Resources Inc. (TSXV:IMR)(OTCQB:IMRFF)(FRANKFURT:A7V) (\" iMetal \" or the \" Company \") has received results from a recent Airborne Magnetic survey at the Company's Pigeon Lake block, lying to the northwest of the Gowganda West project, which is located within the prolific Abitibi Greenstone Gold Belt. The aeromag results outlined the magnetic structure of the area and provided the company with important information regarding geological areas requiring further examination, including a large alteration zone.Saf Dhillon, Chief Executive Officer, stated: \"iMetal continues to pursue and execute on important ground-laying technical work on all of our properties. The Pigeon Lake block lies within a prolific area hosting numerous mineralized occurrences, past-producing mines, and large deposits. Our programs this year continue to have success, most notably our June 6 th discovery of 48.5 metres at 0.85 g/t gold at Gowganda West. This historically underexplored property continues to hold promise and we will continue our work towards more discoveries on it.\"Waring Minerals Inc. completed the drone magnetics survey and GeoFizX Geophysical Consulting completed the interpretation. The survey was completed in two days and a total of 42.326 line-kms. Nominal spacing was 45 m over the survey area. Results were deemed of high quality and greatly improved resolution over previous government surveys of the area. Products included the high-resolution magnetics map with numerous advanced processing variations, a 3D inversion for drill targeting, and a new geology interpretation to base further exploration on.Gowganda Westis an exploration-stage gold project about 100 km south-southeast of Timmins, Ontario; contiguous to Aris Mining's Juby Project in the Shining Tree Camp of the southern part of the Abitibi Greenstone Gold Belt; and also contiguous to the Knight project that is part of the Strategic Partnership between Orecap Invest Corp. and Agnico Eagle Mines Ltd. iMetal recently completed a 2,611 m drilling program in the fall of 2022 which intersected a new gold trend and resulted in the company announcing it's first ‘Discovery Hole' (See NR dated June 6 th , 2023). The Property also has multiple-ounce grab samples from ...