Mr.
Johan Grandin
reports
IMETAL EXPANDS DRILL PROGRAM AT GOWGANDA WEST
iMetal Resources Inc. is immediately expanding its phase 1 maiden drill program at the zone 1 South target area of
its Gowganda West project, 500 metres from Pan American Silver's Juby deposit and 15 kilometres west of Canada
Cobalt's Castle mine and adjacent gold discovery.
Three drill holes have been completed at zone 1 South, each to a depth of approximately 250 metres. Significantly, the
gold-mineralized and altered mafic volcanic and jasper conglomerate lithologies observed at surface (chip sampling
returned gold values as high as 39.3 grams per tonne; refer to Nov. 28, 2018, news release) have been intersected by drilling and continue
to depth with evidence of a widespread hydrothermal system. Fine-grained pyrite with chalcopyrite is associated with
quartz-carbonate alteration and veining in the host lithologies.
Johan Grandin, iMetal's president and chief executive officer, commented: "Given what our team has already observed in these initial holes,
we are continuing and expanding this first-ever drill program with additional holes at zone 1 South. These are exciting
times for iMetal shareholders as we target a new discovery in the Gowganda camp."
Qualified person
The technical content of this news release has been reviewed and approved by Dr. Mark Fedikow, PhD, PGeo, a qualified
person as defined under National Instrument 43-101.
We seek Safe Harbor.
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