iMetal Resources Intersects 16.65 Metres at 1.24 g/t Gold Within 62.25 Metres at 0.61 g/t Gold at Gowganda West

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Vancouver, British Columbia--(Newsfile Corp. - February 26, 2026) - iMetal Resources Inc. (TSXV: IMR) (OTCQB: IMRFF) (FSE: A7VA) ("iMetal" or the "Company") has intersected 16.65 metres at 1.25 g/t gold within 62.25 metres at 0.61 g/t gold at its Gowganda West Gold Project, southwest of Timmins, Ontario. Drilling in the West Zone intersected broad levels of gold mineralization in multiple holes, with long intervals of gold mineralization encountered in two of the six holes completed during the program, complementing the spring 2023 discovery hole of 48.5m of 0.85 g/t Au starting at 316.5m (see News Release dated 2023-Jun-06). Highlights: "These results continue to expand the gold system at Gowganda West and demonstrate both broad mineralization and higher-grade internal intervals," stated Saf Dhillon, President & CEO of iMetal. "The scale of the mineralized envelope, combined with its proximity to the Juby Deposit and the emerging 826 Zone, reinforces the structural significance of this corridor. We look forward to incorporating these results into our ongoing geological model and planning the next phase of drilling!" commented iMetal President & CEO Saf Dhillon. The drilling intersected the targeted host rocks that exhibited alteration patterns and mineralization similar to that which was intersected in the 2023 drill program. The dominant rock type intersected is a matrix supported greenish polymictic conglomerate composed of heterogenous centimetric to pluricentimetric round clasts with different colors. A percentage of the red clasts are magnetic but the matrix is not. Zones of moderate to pervasive hematization /potassic alteration, sericitization and silicification were noted in the drill holes. Mineralization included disseminated and clast-replacement controlled pyrite, while a few holes also intersected local chalcopyrite vein fractures or plurimillimetric clusters. Alteration intensity appears to be a control on elevated gold values. Pyrite content also shows a relationship with elevated gold values and intensity of alteration. Table 1. 2025 Key Intervals To view an enhanced version of this graphic, please visit:https://images.newsfilecorp.com/files/7946/285465_table1.jpg Drilling also intersected multiple dykes in all holes. Diabase ranged in width from 1.45 to 45.05 metres in width and did not ret...

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