Issue link: http://resourceworld.uberflip.com/i/937377
F E B R U A R Y / M A R C H 2 0 1 8 www.resourceworld.com 81 trends located 5.2 km south of Zone 1 where elevated gold mineralization was discovered 500 metres south of the Juby deposit. Some of iMetals better grab sample assays include 7.35 g/t gold and 1.337% copper; 14.34 g/t gold and 0.342% copper; and 42.72 g/t gold and 0.133% copper. On October 30, iMetal reported sam- pling results from Zone 1 which is located south of the Juby deposit. The mineraliza- tion was exposed by overburden stripping and revealed a 6-10-metre wide shear zone hosting gold-bearing quartz veins in sedi- mentary rocks. Assays range from 0.10 to 1.90 g/t gold. To date, Zone 1 has been found to have a strike length of approxi- mately 300 metres with a width of about 20 metres. Further overburden stripping of outcrop has uncovered a possible extension of the Zone 1 gold target approximately 140 metres to the north where the better rock chip sample assays returned 3.38, 3.07, 2.45, and 6.47 g/t gold. Zone 1 has been traced to the northern boundary of iMetal's Gowganda West claim block where the geological envi- ronment mirrors Tahoe's Juby gold deposit. An additional mineralized area has been found 400 metres west of Zone 1 where channel sampling assays are pending. Encouraging assays have also been received from other areas on the iMetal claim package. About 5.3 km south of Zone 1, a new gold-copper zone has been discovered – Zone 3. Zone 3 has been divided into two zones. Zone 3b, returned assays from chip samples ranging up to 56.4 g/t gold and 2.582% copper. Zone 3a also returned ele- vated gold values from chip samples. Both Zone 3b and 3a have now been channel sampled with results pending. To date, seven mineralized zones have been found on the Gowganda West prop- erty that has been mostly ignored. Zone 4, a cobalt-silver prospect located 4 km east of Zone 3, is being explored this winter. An old mine shaft and trenches were discovered in this area where a 20-metre long trench-wall is marked by the presence of pink cobalt bloom, the oxidized mineral of cobalt. One sample returned 0.1% cobalt. This prospect is currently being further explored. In the northern part of the iMetal's property on the optioned Mosher Lake claims, a sampling program in October 2017 discovered highly elevated cobalt assays. Three samples taken on the #2 vein east of Mosher Lake returned up to 0.37% cobalt and 18.4 g/t silver. Channel sampling and drilling of blast holes are planned in order to collect non-oxidized rock samples. In total, six veins have been discovered in this area. iMetal stated that it is highly encour- aged to be discovering so many mineralized zones in previously un-recognized, under- explored and un-documented areas. n