iMetal Resources starts drilling at Gowganda West

Executive Summary

• iMetal Resources Inc. has started its 2025 Phase I drill program at the Gowganda West (GW) project, targeting the IMGW23‑04 discovery zone.
• The program plans ~2,000 m of drilling across 4–6 holes to test strike‑ and dip‑extensions of the known gold intercept and explore additional footwall mineralization.
• Drill contractor Diafor Inc. will execute the work with technical supervision by Laurentia Exploration Inc., following a prior discovery of 48.5 m @ 0.85 g/t Au (hole IMGW23‑04).

Key Details

• Target Zone: IMGW23‑04 – spring 2023 discovery hole with 48.5 m @ 0.85 g/t Au starting at 316.5 m depth.
• Planned Drilling: Approximately 2,000 m total; 4–6 drill holes to test the discovery zone along strike and dip and to evaluate additional mineralized bands in the footwall.
• Contractors: Diafor Inc. (Riviere‑Heva, QC) – drilling execution; Laurentia Exploration Inc. (Jonquière, QC) – technical and geological supervision.
• Project Context: Gowganda West spans ~7 km strike × up to 5 km width of gold‑prospective Timiskaming metasediments; hosts all known mineralization on the property.
• Geological Highlights: The IMGW23‑04 interval occurs in a coarse‑grained conglomerate with pervasive silica alteration linked to an intermediate‑mafic dike; silica alteration intensity correlates with higher Au grades.
• Strategic Positioning: Property is contiguous to McFarlane Lake Mining Ltd.’s Juby deposits and the Knight project (Orefinders Resources/​Agnico Eagle partnership) in the Shining Tree district of the Abitibi greenstone belt.
• Previous Work: Fall 2022 and spring 2023 drill programs intersected new gold trends; multiple‑ounce grab samples exist on untested trends.

Notable Quotes

“We have been patiently working toward this next drill program at Gowganda West and are eager to finally see the drill bit turning once again,” – Saf Dhillon, President & CEO, iMetal Resources Inc.
“With recent developments at the contiguous Juby deposits… we expect to see additional positive developments in the Abitibi’s Shining Tree district.” – Saf Dhillon