Business
iMetal Signs Contract with Abitibi Geophysics Inc. and Launches Ground IP Survey at Gowganda West Property in Ontario
(via TheNewswire) Vancouver, BC / TheNewswire / June 25 th , 2019 - ...
About this update from Imetal Resources Inc.
[{"type":"text","content":"iMetal Signs Contract with Abitibi Geophysics Inc. and Launches Ground IP Survey at Gowganda West Property in Ontario(via TheNewswire)\n \n \nVancouver, BC / TheNewswire / June 25th, 2019 - iMetal Resources Inc. (TSX.V: IMR) (\"iMetal\" or the \"Company\") is pleased to announce near-term exploration activities at the Company's 150 sq. km Gowganda West Property in Ontario, which is contiguous to Pan American Silver's 4M oz. Juby gold deposit (\"Juby deposit\"). \n\n\n \niMetal has contracted Abitibi Geophysics Inc., (\"Abitibi\") to perform IP surveys using Abitibi's proprietary OreVision(R) IP system. The IP survey will start at iMetal's two primary target zones, Zone 1 South, (refer to press releases, November 28th, 2018, March 1st, 2019 and May 16th, 2019) and Zone 3A/3B (refer to press releases November 9th, 2017, January 25th, 2018, February 14th, 2018, April 23rd, 2018 and November 23rd, 2018) at Gowganda West in Ontario. \n\n\n \nThe high resolution and deep penetrating proprietary geophysical survey can penetrate down to a depth of 440 meters. The line spacing interval will be 100-meters and cover a total of 46.5 line kilometers. Deployment of the survey at these two priority zones, will help to identify immediate new drill targets at Gowganda West. \n\n\n \niMetal's newly discovered Zone 1 South is just a few hundred meters south of the Juby deposit property boundary with grab and channel samples which assayed up to 39.3 g/t gold featuring a trending north-south system. This area identified by the VTEM survey target area Z-1A and confirmed by recent drilling follows an apparent geological north-south trend 6km to the south to Zone 3A/3B where high-grade gold and copper showings have been found, including grab and channel samples of up to 56.6 g/t gold and 2.6 % copper. \n\n\n \nThis summer's exploration activities will include conducting and interpreting additional IP and identifying multiple drill targets on the Gowganda West property. With the identification of the 7 anomalies outlined by Geotech (refer to May 16th, 2019 News release), iMetal is encouraged and confident that there is a high probability of identifying 2-3 more priority targets this summer. iMetal is in regular communication with La Framboise drilling, who is eagerly awaiting IP results and have a drill rig ready to be deployed once drill targets have b...