iMetal Resources Inc

iMetal Resources Confirms Effective Date for Share Consolidation

iMetal Resources, Inc. (TSX.V: IMR) (OTCQB: IMRFF) (FRANKFURT: A7V) ("iMetal" or the "Company") announces that effective at the close of business on February 29, 2024 it will consolidate its common share capital on a ten-for-one basis (the "Consolidation"). Effective at the opening of markets on March 1, 2024 the common shares of the Company will commence trading on a post-Consolidation basis under the existing ticker symbol "IMR".

The Consolidation is intended to make the capital structure of the Company more attractive to potential financing opportunities. The Company currently has 56,080,063 common shares outstanding and following completion of the Consolidation it is expected that the Company will have approximately 5,608,006 shares outstanding.

No fractional shares will be issued in connection with the Consolidation. Shareholders who would otherwise be entitled to receive a fraction of a common share will be rounded down to the nearest whole number of common shares and no cash consideration will be paid in respect of fractional shares. Registered holders of common shares of the Company will receive a letter of transmittal from Computershare Trust Company of Canada with instructions on how to exchange existing share certificates for new post-Consolidation share certificates.

About iMetal Resources Inc.

iMetal is a Canadian based junior exploration company focused on the exploration and development of its portfolio of resource properties in Ontario and Quebec. The Flagship property Gowganda West, is an exploration-stage gold project with a recent discovery hole of 48.5m at 0.85 g/t gold that borders the Juby Deposit and is located within the Shining Tree Camp area in the southern part of the Abitibi Greenstone Gold Belt about 100 km south-southeast of the Timmins Gold Camp. The 665-hectare Kerrs Gold deposit comprises a series of gold-bearing pyritized quartz vein replacement breccias with a 2011 historic resource, 90 kilometres ENE of Timmins. The 220-hectare Ghost Mountain property, 42 kilometres NE of Kirkland Lake, lies 5 kilometres W of Agnico Eagle's Holt and Holloway Mine. Carheil is an exploration-stage project with multi-metal potential and previous graphite results. The project is about 170 km north of Rouyn-Noranda in the Northern Abitibi Greenstone Belt.

ON BEHALF OF THE BOARD OF DIRECTORS,

Saf Dhillon

President & CEO

iMetal Resources Inc.

info@imetalresources.ca

Tel. (604-484-3031)

Suite 550, 800 West Pender Street, Vancouver, British Columbia, V6C 2V6.

https://imetalresources.ca

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Forward-Looking Information

This news release may include forward-looking statements that are subject to risks and uncertainties. All statements within, other than statements of historical fact, are to be considered forward looking. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include results of exploration, variations in results of mineralization, relationships with local communities, market prices, continued availability of capital and financing, and general economic, market or business conditions. There can be no assurances that such statements will prove accurate and, therefore, readers are advised to rely on their own evaluation of such uncertainties. We do not assume any obligation to update any forward-looking statements except as required under the applicable laws.

Source

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iMetal Resources Closes Flow-Through Private Placement

iMetal Resources Closes Flow-Through Private Placement

iMetal Resources, Inc. (TSXV:IMR)(OTCQB:IMRFF)(FRANKFURT:A7V) ("iMetal" or the "Company") announces it has completed a non-brokered private placement (the "Offering") of 5,200,000 flow-through common shares (each, an "FT Share") at a price of $0.07 per FT Share for gross proceeds of $364,000

Proceeds from the sale of FT Shares will be used to incur "Canadian exploration expenses" as defined in subsection 66.1(6) of the Income Tax Act and "flow through mining expenditures" as defined in subsection 127(9) of the Income Tax Act. In connection with completion of the Offering, the Company paid $25,480 and issued 364,000 share purchase warrants (each, a "Finders' Warrant") to an arms-length third-party who assisted in introducing the subscriber to the Offering. Each Finders' Warrant is exercisable to acquire a common share of the Company at a price of $0.07 until December 13, 2025.

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iMetal Resources Receives Mag Survey Results for Pigeon Lake

iMetal Resources Receives Mag Survey Results for Pigeon Lake

iMetal Resources Inc. (TSXV:IMR)(OTCQB:IMRFF)(FRANKFURT:A7V) (" iMetal " or the " Company ") has received results from a recent Airborne Magnetic survey at the Company's Pigeon Lake block, lying to the northwest of the Gowganda West project, which is located within the prolific Abitibi Greenstone Gold Belt. The aeromag results outlined the magnetic structure of the area and provided the company with important information regarding geological areas requiring further examination, including a large alteration zone

Saf Dhillon, Chief Executive Officer, stated: "iMetal continues to pursue and execute on important ground-laying technical work on all of our properties. The Pigeon Lake block lies within a prolific area hosting numerous mineralized occurrences, past-producing mines, and large deposits. Our programs this year continue to have success, most notably our June 6 th discovery of 48.5 metres at 0.85 g/t gold at Gowganda West. This historically underexplored property continues to hold promise and we will continue our work towards more discoveries on it."

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iMetal Resources Receives Encouraging Mag Survey Results for Pear Lake

iMetal Resources Receives Encouraging Mag Survey Results for Pear Lake

iMetal Resources Inc. (TSXV:IMR)(OTCQB:IMRFF)(FRA:A7V) ("iMetal" or the "Company") has received results from a recent Airborne Magnetic survey at the Company's Pear Lake block, lying at the northwest end of the Gowganda West project, which lies within the prolific Abitibi Greenstone Gold Belt. The aeromag results outline two gold target areas that form part of an interpreted faultdyke system, which is highly prospective for gold in this area

Saf Dhillon, Chief Executive Officer, stated: "Our recent exploration has been successful in outlining promising new areas with previously undiscovered gold occurrences, first at the Shining Tree block and now at the Pear Lake block, complementing our June 6th discovery of 48.5 metres at 0.85 g/t gold at Gowganda West. Pear Lake is a small satellite area close to the nearby Juby deposit and it is likewise encouraging that such favourable geology is present. This historically underexplored property continues to yield promising results for us."

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iMetal Resources Extends Digitally Enhanced Prospecting Survey on Its Gowganda West Project

iMetal Resources Extends Digitally Enhanced Prospecting Survey on Its Gowganda West Project

iMetal Resources Inc. (TSXV:IMR)(OTCQB:IMRFF)(FRANKFURT:A7V) (" iMetal " or the " Company ") announces an extension of the Digitally Enhanced Prospecting (DEP) survey at the Company's Gowganda West project, which lies within the prolific Abitibi Greenstone Gold Belt. This extension will push further to the west of the known zones of mineralization into previously unexplored areas, supplementing the recently completed 2,385 hectares of LiDAR and sampling which identified a new gold zone (See News Release dated 2023-October-27

Saf Dhillon, Chief Executive Officer, stated: "We are excited by the prospects our recent DEP survey has uncovered, including a 5.6 g/t Au grab sample in a new area with high geological prospectivity. Our recent drill intersection of 48.5m of 0.85 g/t Au in hole IMGW-23-04 announced on June 6 th of this year, strongly support our belief mineralization increases toward the southwest. As a result, we have extended our DEP program to the western portion of our claims in a further effort to increase our mineralization footprint. We continue to believe in the potential for new discoveries at this historically underexplored property."

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iMetal Resources Discovers New Gold Showing at Gowganda West

iMetal Resources Discovers New Gold Showing at Gowganda West

iMetal Resources Inc. (TSXV:IMR)(OTCQB:IMRFF)(FRANKFURT:A7V) (" iMetal " or the " Company ") is excited to report the discovery of a new gold showing at the Company's Gowganda West project, which lies within the prolific Abitibi Greenstone Gold Belt. Sampling of outcrops located during the recently announced Digitally Enhanced Prospecting (DEP) (See 2023-Sep-26 News Release) has returned 5.58 gt gold from an outcrop chip sample, among numerous anomalous gold hits

Saf Dhillon, Chief Executive Officer, stated: "We are thrilled with another new gold discovery in a previously unexplored area at Gowganda West. We recently announced 48.5m of 0.85 g/t Au in hole IMGW-23-04 from a new zone during our Spring drill program, continuing to demonstrate the prospectivity of the Property. Clearly our DEP survey has resulted in an increase of our mineralization footprint, as we had hoped. This and other results will help guide future exploration-targeted drill programs on the Property."

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Lunnon Metals, Ngadju People Sign Mining Agreement for Kambalda Gold-Nickel Project

Lunnon Metals (ASX:LM8) said Thursday (January 9) that it has signed a mining agreement with Ngadju Native Title Aboriginal Corporation regarding the Kambalda gold-nickel project in Western Australia.

In a press release, the company said the agreement covers only relevant parts of the project. The conditions of the agreement have been discussed since June 2021, after Lunnon listed on the ASX.

“This agreement has taken over three years to finalise but embodies a shared commitment with the Ngadju people to progress our gold and nickel portfolio towards development and potential future production,” said Lunnon Managing Director Edmund Ainscough. He added that the deal covers procedures from exploration to production.

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QUIMBAYA GOLD TO ATTEND THE 2025 VANCOUVER RESOURCE INVESTOR CONFERENCE

QUIMBAYA GOLD TO ATTEND THE 2025 VANCOUVER RESOURCE INVESTOR CONFERENCE

Quimbaya Gold Inc. (CSE: QIM) (" Quimbaya " or the " Company ") is pleased to announce its participation in the upcoming 2025 Vancouver Resource Investment Conference (the "VRIC") in Vancouver on January 19-20 2025 . VRIC, is a key event in the junior mining sector for 25 years and draws over 9,000 investors and 300 investment opportunities in the mining sector.

Quimbaya logo (CNW Group/Quimbaya Gold Inc.)

This conference presents an excellent opportunity for Quimbaya to expose early stage discovery investors to its three large scale claim packages in Antioquia, Colombia and to outline its exploration plans for 2025. The conference schedule includes tailored meetings that match investors with appropriate projects, supported by expert analyses and updates on the latest trends in the mining sector.

Investors interested in attending the VRIC can register here: https://cambridgehouse.com/vancouver-resource-investment-conference . Quimbaya invites attendees to visit us at Booth 704 where they will have the opportunity to engage directly with the Company's management team and learn more about Quimbaya's exploration activities.

"We're excited to join VRIC 2025, one of the premier events for investors and resource enthusiasts," said Alexandre P. Boivin President and CEO of Quimbaya Gold.  "This conference is our springboard into our most active year ever on our quest to make the next great gold discovery in one of the best gold rich districts on the planet."

About Quimbaya

Quimbaya is active in the exploration and acquisition of mining properties in the prolific mining districts of Colombia . Managed by an experienced team in the mining sector, Quimbaya is focused on three projects in the regions of Segovia (Tahami Project), Puerto Berrio (Berrio Project), and Abejorral (Maitamac Project), all located in Antioquia Department, Colombia .

Quimbaya Gold Inc. 
Follow on X @quimbayagoldinc
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Cautionary Statements

This press release includes certain statements and information that may constitute forward-looking information within the meaning of applicable Canadian securities laws. All statements in this news release, other than statements of historical facts, including statements regarding future estimates, plans, objectives, timing, assumptions or expectations of future performance, including without limitation, statements regarding the completion of the Offering and the timing thereof, and the anticipated use of proceeds of the Offering are forward-looking statements and contain forward-looking information. Generally, forward-looking statements and information can be identified by the use of forward-looking terminology such as "intends" or "anticipates," or variations of such words and phrases or statements that certain actions, events or results "may," "could," "should" or "would" or occur. Forward-looking statements are based on certain material assumptions and analyses made by the Company and the opinions and estimates of management as of the date of this press release, including, but not limited to, that the Company will complete the Offering on the terms disclosed, that the Company will receive all necessary regulatory approvals for the Offering, that the Company will use the proceeds of the Offering as currently anticipated; and assumptions relating to the state of the financial markets for the Company's securities. These forward-looking statements are subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company to be materially different from those expressed or implied by such forward-looking statements or forward-looking information. Important factors that may cause actual results to vary, include, without limitation, that the Company may not be able to raise funds under the Offering, as currently anticipated, that the Company may fail to receive any required regulatory approvals for the Offering, that the Company will not use the proceeds of the Offering as anticipated, market volatility, unanticipated costs, changes in applicable regulations, and changes in the Company's business plans. Although management of the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements or forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements and forward-looking information. Readers are cautioned that reliance on such information may not be appropriate for other purposes. The Company does not undertake to update any forward-looking statement, forward-looking information or financial outlook that are incorporated by reference herein, except in accordance with applicable securities laws. The Canadian Securities Exchange (CSE) has not reviewed, approved, or disapproved the contents of this press release.

SOURCE Quimbaya Gold Inc.

Cision View original content to download multimedia: http://www.newswire.ca/en/releases/archive/January2025/10/c6999.html

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SAVE THE DATE: NOVAGOLD 2024 Year-End Report, Conference Call and Video Webcast

NOVAGOLD RESOURCES INC. ("NOVAGOLD" or "the Company" (NYSE American, TSX: NG) will release its 2024 year-end report before market open on January 23, 2025, followed by a conference call and video webcast to discuss these results at 8:00 am PT (9:00 am MT11:00 am ET).

During the webcast, NOVAGOLD's President and Chief Executive Officer, Greg Lang; and Vice President and Chief Financial Officer, Peter Adamek, will provide a summary of the company's year-end financial results and an update on the Donlin Gold project.

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SAVE THE DATE: NOVAGOLD 2024 Year-End Report, Conference Call and Video Webcast

NOVAGOLD RESOURCES INC. ("NOVAGOLD" or "the Company" (NYSE American, TSX: NG) will release its 2024 year-end report before market open on January 23, 2025, followed by a conference call and video webcast to discuss these results at 8:00 am PT (9:00 am MT11:00 am ET).

During the webcast, NOVAGOLD's President and Chief Executive Officer, Greg Lang; and Vice President and Chief Financial Officer, Peter Adamek, will provide a summary of the company's year-end financial results and an update on the Donlin Gold project.

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