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iMetal Resources ( (TSE:IMR) ) has issued an announcement.
iMetal Resources has completed its 2025 Phase I drilling at the Gowganda West project, focusing on expanding the mineralized footprint of a previously discovered gold zone. The drilling program, which extended beyond initial plans due to geological recommendations, intersected host rocks with mineralization patterns similar to past findings. The results are anticipated to impact iMetal’s operations positively, especially with the rising gold prices and increased market liquidity, and could enhance its positioning in the gold exploration industry.
More about iMetal Resources
iMetal Resources Inc. is a Canadian-based junior exploration company focused on the exploration and development of its portfolio of resource properties in Ontario and Quebec. Its flagship property is Gowganda West, an exploration-stage gold project located about 100 km south-southeast of Timmins, Ontario.
Average Trading Volume: 98,903
Technical Sentiment Signal: Strong Sell
Current Market Cap: C$3.98M
For a thorough assessment of IMR stock, go to TipRanks’ Stock Analysis page.