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iMetal Resources ( (TSE:IMR) ) just unveiled an announcement.
iMetal Resources Inc. has commenced its 2025 Phase I drill program at the Gowganda West project, focusing on the area of a significant 2023 discovery hole. The program aims to drill approximately 2,000 meters to explore the discovery zone further and test for additional mineralization. This initiative is part of iMetal’s strategic efforts to enhance its position in the Abitibi Greenstone Gold Belt, with expectations of positive developments in the region due to recent activities at nearby deposits.
More about iMetal Resources
iMetal Resources Inc. is a Canadian-based junior exploration company focused on exploring and developing its portfolio of resource properties in Ontario and Quebec. Its flagship property, Gowganda West, is an exploration-stage gold project located in the Shining Tree Camp area of the Abitibi Greenstone Gold Belt, near the Timmins Gold Camp. The company also holds the Ghost Mountain property and the Carheil project, which have potential for multi-metal and graphite exploration.
Average Trading Volume: 30,658
Technical Sentiment Signal: Hold
Current Market Cap: C$2.42M
Find detailed analytics on IMR stock on TipRanks’ Stock Analysis page.