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
Executive Summary
- iMetal Resources reported multiple significant gold intercepts from its 2025 drilling program at the Gowganda West Gold Project, including a 16.65 m interval grading 1.25 g/t Au.
- The results expand the known mineralized envelope, show both broad low‑grade zones and higher‑grade internal intervals, and support the structural significance of the corridor adjacent to the Juby Deposit and emerging 826 Zone.
- The company will incorporate these data into its geological model and plan the next phase of drilling.
Key Details
- Hole IMGW-25-06: 0.424 g/t Au over 278.35 m (45.1–323.45 m) with notable sub‑intervals:
- 1.019 g/t Au over 7.4 m (118.75–126.15 m)
- 0.566 g/t Au over 80 m (154–234 m)
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0.610 g/t Au over 62.45 m (261–323.45 m), including 1.239 g/t Au over 16.65 m (289.35–306 m)
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Hole IMGW-25‑01: 0.419 g/t Au over 65.75 m (276.7–342.45 m) with:
- 0.868 g/t Au over 8 m (296.5–304 m)
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0.786 g/t Au over 5.8 m (315.95–321.75 m)
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Hole IMGW-25‑03: 1.116 g/t Au over 6.2 m (342.75–348.95 m).
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Additional high‑grade intercepts:
- 0.868 g/t Au over 8 m and 0.786 g/t Au over 5.8 m in IMGW-25‑01.
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1.239 g/t Au over 16.65 m within IMGW-25‑06.
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Geological observations:
- Targeted host rocks were matrix‑supported greenish polymictic conglomerates with pervasive hematization, potassic alteration, sericitization, and silicification.
- Mineralization is associated with disseminated/ clast‑replacement pyrite; occasional chalcopyrite vein fractures noted.
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Alteration intensity correlates with elevated gold values; pyrite content also shows a relationship to higher grades.
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Dyke intersections: Diabase dykes (1.45–45.05 m wide) generally non‑mineralized; fine‑grained intermediate dykes (1–20.8 m) sometimes carry gold values, especially near lower contacts.
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Regional context: The 826 Zone, identified by neighboring McFarlane Lake Mining Ltd., appears to trend into the West Zone, enhancing the structural significance of the corridor.
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QA/QC: Samples processed at ALS Minerals (Val D’Or, Lachine, North Vancouver) using CRU‑21, PREP‑31, Au‑AA24 fire assay and ME‑ICP41 for chalcopyrite; ISO/IEC 17025 accredited labs; no QA/QC anomalies detected.
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Qualified Person: R. Tim Henneberry, P.Geo., Director of iMetal, reviewed and approved the technical content under NI 43‑101.
Notable Quotes
“These results continue to expand the gold system at Gowganda West and demonstrate both broad mineralization and higher‑grade internal intervals,” said Saf Dhillon, President & CEO.
“The scale of the mineralized envelope… 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!” – Saf Dhillon, President & CEO.