iMetal Resources Inc. is pleased to announce that it has closed a third and final tranche of its non-brokered private placement through the issuance of 800,000 units at a price of $0.11 per Unit. When combined with the earlier two tranches of the placement, the Company has raised gross proceeds of $2,046,790. Each "Unit" consists of one common share of the Company, and one common share purchase warrant exercisable to [...]
iMetal Resources Inc. is pleased to announce that R. Timothy Henneberry, P. Geo., has been appointed to the Board of Directors effective immediately. Mr. Henneberry has been assisting management for the past few months with a technical review of the Company's existing project portfolio and has been focused on the identification of priority drilling targets. Mr. Henneberry's appointment follows the resignations of Ruth [...]
iMetal Resources Inc. is pleased to announce recent drill results in Zone 1 that include 1.39 g/t gold over 3.35 meters on the Company's Gowganda West property located 20 km of Gowganda, Ontario and 90 km from Kirkland Lake, Ontario. Drill Results in Zone 1 The new drill hole DDH IMGW 20-01 drilled in February, 2020 is a significant step out hole with the collar located approximately 350 meters south of the collar for DDH [...]
April 2nd, 2020 - iMetal Resources Inc. announces the following corporate updates: Debt Settlement The Company is pleased to announce it has entered into agreements to settle most of its existing debt for common shares in the Company. The debt will be settled by way of the issuance of 1,565,017 common shares at a deemed price of $0.05 per share for aggregate amount of $78,250.85 . Any implementation of the proposed Debt [...]
iMetal Resources Inc. announced today followup drilling in Zone 1 and results of the first diamond drill hole on Grid Zone 3 on the Company's Gowganda West property. The project is located 20 km from Gowganda, Ontario and 90 km from Kirkland Lake, Ontario. Drilling Results and Continuation The first test drill hole at Zone 3, targeted a high priority chargeability and resistivity anomaly labeled GZ3-04 identified by [...]
iMetal Resources Inc. is pleased to announce that it has closed it's recently announced non-brokered hard dollar private placement of $309,995 for 4,428,500 units at a price of $0.07 per unit. Each Unit consists of one common share and one two-year share purchase warrant. Each Warrant entitles the holder to purchase one additional common share, exercisable at a price of $0.10 per share for the first twelve months from the [...]
iMetal Resources Inc. is pleased to announce that the TSX Venture Exchange has conditionally approved a non-brokered hard dollar private placement of $309,995. The Company will issue 4,428,500 units at a price of $0.07 per unit . Each Unit consists of one common share and one two-year share purchase warrant . Each Warrant will entitle the holder to purchase one additional common share, exercisable at a price of $0.10 per [...]
Vancouver, BC - TheNewswire - November 5th, 2019 - iMetal Resources Inc. is pleased to announce completion of an initial 752 meter NQ diamond drill hole on Grid Zone 3 on the Company's Gowganda West property. The project is located 20 km from Gowganda, Ontario and 90 km from Kirkland Lake, Ontario. The first drill hole targeted a high priority high chargeability and high resistivity anomaly labeled as GZ3-04 that had been [...]
Vancouver, BC - TheNewswire - October 21st, 2019 - iMetal Resources Inc. is pleased to announce that its first-ever diamond drilling program has commenced at Zone 3 in the Company's Gowganda West Project. Upon completion of the IP program and subsequent interpretation, a number of high chargeability anomalies were identified. As such, the iMetal team has determined that Zone 3 be the company's first priority. . The Zone 3 [...]
VANCOUVER, British Columbia - TheNewswire - October 4th, 2019 - iMetal Resources Inc. is pleased to announce that it has completed a 46.5 line kilometer induced polarization survey on their Gowganda West Gold project. The survey was completed by Abitibi Geophysics Inc., using their proprietary OreVision IP technology. The survey targeted iMetal's Zone 1 South and Zone 3A/3B . Multiple sizeable chargeability anomalies have [...]
Vancouver, BC - TheNewswire - July 18th,2019 - iMetal Resources Inc. is pleased to announce further progress with 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 . Abitibi Geophysics Inc., has commenced an IP work program at iMetal's target Zone 3A/3B, using Abitibi's proprietary OreVision IP system. Upon completion [...]
iMetal Resources Inc. 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 Corp.'s 4M oz. Juby gold deposit . iMetal has contracted Abitibi Geophysics Inc., to perform IP surveys using Abitibi's proprietary OreVision IP system. The IP survey will start at iMetal's two primary target zones, Zone 1 South, and Zone [...]
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