iMetal Resources Inc. is pleased to announce, effective immediately, the appointment of Joyce Liu as Chief Financial Officer and Corporate Secretary, replacing Scott Davis as Chief Financial Officer and Frances Murphy as Corporate Secretary. Mr. Davis remains with the Company as a member of the Board. Ms. Liu joins the Company from Corex Management [...]
iMetal Resources Inc. is pleased to announce the commencement of trenching at its flagship Gowganda West property in the Shining Tree District of the Abitibi Greenstone Gold Belt of Northern Ontario. The two-week program will concentrate on Zone 1 and Zone 3, where results from the April 2021 sampling program returned highlight gold grab sample [...]
iMetal Resources Inc. is pleased to report the completion of the line cutting component of the 2021 IP program at the Oakes Gold Project in the Geraldton-Beardmore Greenstone Belt of Northern Ontario. A total of 12.8-line kilometres were cut to expand the IP grid to the east and to the west in preparation for a late summer drill program at Oakes [...]
iMetal Resources Inc. is pleased to release assay results from the late April 2021 field program at its flagship Gowganda West property in the Shining Tree District part of the Abitibi Greenstone Gold Belt of Northern Ontario . The program concentrated largely at Zone 1 and Zone 3, in preparation for trenching and drilling. Highlights include: Zone [...]
iMetal Resources Inc. is pleased to announce that it has closed an initial tranche of its previously announced non-brokered private placement of units and FT shares . In connection with the closing of this tranche of the Private Placement the Company issued 7,700,000 Units at an issue price of $0.10 per Unit and 577,000 FT Shares at an issue price [...]
iMetal Resources Inc. is pleased to announce that it has arranged a non-brokered private placement of units and FT shares for gross proceeds of up to $2,000,000. Units will be priced at $0.10 per Unit and will consist of one common share in the capital of the Company and one transferable share purchase warrant . Each Warrant will entitle the holder [...]
iMetal Resources Inc. is pleased to announce amendments to the residual Net Smelter Return royalties to the underlying property vendors for the Gowganda West, Mosher Lake and Ghost Mountain properties: Gowganda West NSR remains at 3% with the Company now holding the option to buy back fifty percent reducing the NSR to 1.5% at any time up to [...]
iMetal Resources Inc. is pleased to announce the acquisition of a portfolio of road accessible gold projects from Riverside Resources Inc.'s. The Oakes, Pichette and Longrose gold projects are located in the Beardmore Geraldton Greenstone Belt , northeast of Thunder Bay, Ontario. Highlights from the three projects include: Oakes is 3,670 hectares [...]
iMetal Resources Inc. is pleased to announce that it has retained RedChip Companies, Inc. to lead its investor relations efforts. "We are excited to work with RedChip to strengthen our communications with the investment community," commented iMetal CEO Saf Dhillon. "After comparing the alternatives, we selected RedChip to help increase our [...]
iMetal Resources Inc. is pleased to provide significant gold assay results from the 2020 exploration program, including a significant greenfields gold discovery at its Gowganda West Property, within the prolific Abitibi Greenstone Belt, southwest of Timmins, Ontario. Highlights from the first phase program include: Discovery of new gold [...]
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 [...]
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 [...]
