iMetal Resources Strengthens Technical Team With Appointment of Vice President Exploration

iMetal Resources, Inc. (TSXV:IMR)(OTC PINK:ADTFF)(FRANKFURT:A7V) ("iMetal" or the "Company") is pleased to announce the appointment of Mr. Scott Zelligan, Vice President Exploration effective immediately. Mr. Zelligan will be responsible for leading the exploration and development of all the Company's projects within the prolific Abitibi Greenstone Gold Belt

Mr. Zelligan, a Professional Geoscientist registered in the Province of Ontario, has extensive experience in Ontario across his 14-year career to date: from underground in the Timmins camp to running exploration programs in the Northern Abitibi. His experience as a resource estimator, in addition to planning and managing drill programs, has given him a unique insight into project evaluation, development, and resource growth potential, a skill set pivotal to iMetal's growth.

Mr. Zelligan was part of the team at Noront Resources that grew the Eagle's Nest deposit by sevenfold. He has worked throughout North America, with a particular focus on gold in primary (orogenic) deposits. Most recently, Mr. Zelligan worked closely with Aurelius Minerals as a Senior Geologist to evaluate, acquire, and develop the Aureus Gold deposits in Nova Scotia. He planned drilling and created the geological model for the Aureus East deposit, which led to a maiden resource that more than tripled the previous historic resource.

Saf Dhillon, Chief Executive Officer, stated: "iMetal is very fortunate to add a seasoned Ontario geoscientist with such a broad skill set. Scott's extensive experience meshes well with Gowganda West and our other Abitibi based projects. He has managed all aspects of project development from drilling though to resource development and growth and it is my great pleasure to welcome him to the iMetal team."

The scientific and technical information contained in this news release has been reviewed and approved by R. Tim Henneberry, P. Geo (British Columbia), a director of iMetal and a qualified person as defined in National Instrument 43-101.

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. One of its Flagship properties Gowganda West, is an exploration-stage gold project 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.

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.

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:iMetal Resources, Inc.

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iMetal Resources TSXV:IMR Precious Metals Investing

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iMetal Resources Announces Commencement of 2023 Phase One Exploration at Gowganda West, Ontario

iMetal Resources, Inc. (TSXV:IMR)(OTC PINK:ADTFF)(FRANKFURT:A7V) ("iMetal" or the "Company") is pleased to announce the commencement of 2023 Phase One exploration at the Company's Gowganda West project, which lies within the prolific Abitibi Greenstone Gold Belt

Saf Dhillon, President & CEO, stated: "Gowganda West is our flagship project, and iMetal is pleased to once again be advancing exploration on this exciting and prospective ground. This next phase of drilling will focus on expanding the existing gold trends as well as testing areas with high-grade grab samples which have not been previously drilled."

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iMetal Resources Successfully Raises $1,094,133 Through Exercise of Warrants and Extends European Marketing

iMetal Resources, Inc. (TSXV:IMR)(OTC PINK:ADTFF)(FRANKFURT:A7V) ("iMetal" or the "Company") is pleased to announce 5,470,666 warrants have been exercised, adding $1,094,133 to the Treasury as of March 13, 2023. The warrants were issued in connection to a public unit offering completed by the Company (see Press Release April 8, 2022

"I am extremely pleased to report a successful exercise of over 5 million share purchase warrants for the Company generating an additional $1M+ of hard dollars to the iMetal treasury," commented Saf Dhillon, President and CEO of iMetal Resources. "The warrant exercise clearly demonstrates investor faith in the Company's management and projects, The additional proceeds will be used for general working capital and further exploration on our flagship Gowganda West property."

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iMetal Resources Drone Magnetics Final Interpretation Received for Shining Tree Block Near Gowganda West

iMetal Resources, Inc. (TSXV:IMR)(OTC PINK:ADTFF)(FRANKFURT:A7V) ("iMetal" or the "Company") is pleased to announce receipt of final results and interpretation of a drone magnetics survey at its 565-hectare Shining Tree block, 3.75 kilometres west of iMetal's Gowganda West property. The survey was completed in October and November 2022. Results of the survey have identified four priority target areas for gold exploration

The key target area is Target 2, interpreted to be a structurally controlled potential intrusive (metavolcanic) complex, offset by NNW faults and possibly controlled by NNE family of faults. The interpretation of the results included a geophysical interpretation of the bedrock (Figure 1) and the 3D inversions (for example Figure 2).

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iMetal Resources Discovers New Gold Trend as Part of Multiple Gold Zones Intersected at Gowganda West During Fall 2022 Drill Program

iMetal Resources, Inc. (TSXV:IMR)(OTC PINK:ADTFF)(FRANKFURT:A7V) ("iMetal" or the "Company") is pleased to announce the assay results of the fall 2022 drill campaign at Gowganda West ("GW"). GW is an exploration-stage gold project about 100 km south-southeast of Timmins, Ontario, contiguous to Aris Gold Corp.'s Juby Project in the Shining Tree Camp of the southern part of the Abitibi Greenstone Gold Belt; contiguous also with the Knight project that is part of the Strategic Partnership between Orefinders Resources Inc. and Agnico Eagle Mines Limited

A total of seven drill holes were completed for a total meterage of 2611m. All seven holes intersected gold mineralization in multiple intervals. Highlights include:

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iMetal Announces New Director and Extends Agreement with European Marketing Firm

iMetal Resources Inc. (TSXV:IMR)(OTC PINK:ADTFF)(FRANKFURT:A7V) ("iMetal" or the "Company") is pleased to announce the election of Mr. Robert Coltura as a director. Robert was voted in at the Company's recent AGSM which was held on December 20th, 2022. Mr. Coltura is a businessman with significant entrepreneurial experience and is president of Matalia Investments Ltd., a company that provides management consulting, corporate finance and investor relation services to both public and private companies. Mr. Coltura has over 20 years' experience with various companies, holding positions of officer and director of several public companies

Mr. Coltura has a great deal of business development experience and has worked with a variety of companies to strengthen their position within their industry. Mr. Coltura is also President of Coltura Financial Corp. and Coltura Properties which has Commercial properties in British Columbia and the United States. "Robert's extensive experience and success with both public and private companies will be an invaluable asset to iMetal as we continue to grow the company," said Saf Dhillon, President & CEO.

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Red Pine Announces Upsize of Previously Announced Private Placement to C$6.8 Million

/ NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES /

Red Pine Exploration Inc. (TSXV: RPX, OTCQB: RDEXF) (" Red Pine " or the " Company ") is pleased to announce that it has entered into an amendment agreement with Haywood Securities Inc. (" Haywood "), as co-lead agent and sole bookrunner, on behalf of 3L Capital Inc. (" 3L Capital " and together with Haywood, the " Co-Lead Agents "), as co-lead agent, and a syndicate of agents (together with the Co-Lead Agents, the " Agents ") in connection with a private placement on a "best efforts" agency basis, to increase the size of the previously announced private placement to gross proceeds of up to $6,800,000 (the " Upsized Offering ").

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Red Pine Announces C$6.3 Million Private Placement of Units, Tranche 1 Flow-Through Units, and Tranche 2 Flow-Through Units

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

Red Pine Exploration Inc. (TSXV: RPX, OTCQB: RDEXF) (" Red Pine " or the " Company ") is pleased to announce that it has entered into an agreement with Haywood Securities Inc. (" Haywood "), as co-lead agent and sole bookrunner, on behalf of 3L Capital Inc. (" 3L Capital " and together with Haywood, the " Co-Lead Agents "), as co-lead agent, and a syndicate of agents (together with the Co-Lead Agents, the " Agents ") in connection with a private placement on a "best efforts" agency basis, for gross proceeds of up to $6,300,000 (the " Offering ").

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FREEGOLD ANNOUNCES CLOSING OF $16.5 MILLION BROKERED PRIVATE PLACEMENT FINANCING

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In connection with the Offering, the Company entered into an agency agreement (the " Agency Agreement ") dated March 30, 2023 , between the Company and the Agent. In accordance with the Agency Agreement, 41,310,000 units of the Company (the " Units ") were issued at a price of $0.40 per Unit. Each Unit is comprised of one common share of the Company (a " Unit Share ") and one-half of one common share purchase warrant of the Company (each whole warrant, a " Warrant "). Each Warrant is exercisable to acquire one common share of the Company (a " Warrant Share ") for 24 months from today's date at an exercise price of $0.52 per Warrant Share.

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Hole #	Easting	Northing	Azimuth	Dip
IMGW-22-01	503172	5269508	102	-44
IMGW-22-02	502890	5269924	226	-49
IMGW-22-03	502890	5269924	224	-61
IMGW-22-04	502784	5270030	223	-45
IMGW-22-05	502759	5270074	231	-45
IMGW-22-06	502759	5270074	48	-43
IMGW-22-07	502724	5270118	224	-45

Hole #	From	To	Length	Au (g/t)
IMGW-22-01	86.00	87.00	1.00	0.40
IMGW-22-01	397.00	398.00	1.00	0.71
IMGW-22-02	47.10	47.90	0.80	4.56
IMGW-22-02	60.40	61.00	0.60	0.57
IMGW-22-02	217.50	220.00	2.50	0.75
including	218.65	219.20	0.55	2.52
IMGW-22-02	268.40	269.50	1.10	1.01
IMGW-22-02	280.70	283.10	2.40	0.36
including	282.60	283.10	0.50	0.83
IMGW-22-03	26.50	29.50	3.00	0.92
including	27.20	28.00	0.80	2.41
IMGW-22-03	44.50	45.00	0.50	0.64
IMGW-22-03	100.00	100.60	0.60	0.45
IMGW-22-03	245.50	251.50	6.00	0.52
including	247.00	248.50	1.50	1.30
IMGW-22-04	44.50	47.50	3.00	0.89
including	46.00	47.50	1.50	1.45
IMGW-22-04	95.80	107.50	11.70	0.26
including	106.00	107.50	1.50	1.00
IMGW-22-04	224.90	226.00	1.10	1.32
IMGW-22-04	271.00	272.50	1.50	0.92
IMGW-22-05	22.00	23.50	1.50	0.45
IMGW-22-05	44.30	44.90	0.60	0.59
IMGW-22-05	49.00	50.50	1.50	0.43
IMGW-22-05	62.10	62.90	0.80	0.67
IMGW-22-05	161.50	167.40	5.90	0.95
IMGW-22-06	205.00	206.50	1.50	0.63
IMGW-22-06	233.50	236.50	3.00	0.51
IMGW-22-06	268.00	269.50	1.50	1.04
IMGW-22-06	304.00	313.00	9.00	0.75
including	310.00	310.80	0.80	4.13
IMGW-22-07	57.40	60.80	3.40	0.50
including	57.90	58.60	0.70	1.10
IMGW-22-07	71.30	72.30	1.00	0.45
IMGW-22-07	105.70	108.10	2.40	1.63
including	106.30	107.10	0.80	4.10
IMGW-22-07	232.00	236.00	4.00	0.69
including	235.00	236.00	1.00	1.24

DDH #	From	To	Length	Au-Best	*Sample
	(m)	(m)	(m)	(g/t)	rock
WB22-114	0.00	6.00	6.00	3.05	Entire Hole
incl.	0.00	1.50	1.50	12.03	QV+RHY
incl.	0.00	0.45	0.45	25.20	QV
WB22-115	0.00	6.00	6.00	0.36	Entire Hole
incl.	0.50	3.95	3.45	0.50	QV
and	5.60	6.00	0.40	0.93	QV
WB22-116	0.00	9.00	9.00	0.50	Entire Hole
incl.	0.40	5.15	4.75	0.92	RHY+QV
incl.	1.40	5.15	3.75	1.06	RHY
incl.	4.40	5.15	0.75	3.74	QV
WB22-117	0.00	18.00	18.00	0.69	Entire Hole
incl.	0.00	10.00	10.00	1.23	RHY+QV
incl.	0.00	2.70	2.70	4.26	QV
	0.00	0.90	0.90	7.99	QV
WB22-118	0.00	18.00	18.00	1.40	Entire Hole
incl.	0.00	10.00	10.00	2.52	QV
incl.	0.00	3.25	3.25	6.60	QV
incl.	0.00	1.90	1.90	10.40	QV
incl.	0.00	0.90	0.90	19.65	QV
WB22-119	0.00	9.00	9.00	0.36	Entire Hole
incl.	1.00	4.80	3.80	0.81	RHY+QV
incl.	1.00	1.85	0.85	1.59	QV

DDH	East UTM	North UTM	Azimuth	Dip	length	Core size
	Nad83 z19	Nad83 z19	(N)	(- )	(m)
WB22-114	660 263	5 259 312	360	90	6.00	HQ
WB22-115	660 271	5 259 304	360	90	6.00	HQ
WB22-116	660 275	5 259 305	350	80	9.00	HQ
WB22-117	660 279	5 259 306	350	70	18.00	HQ
WB22-118	660 281	5 259 307	360	90	18.00	HQ
WB22-119	660 268	5 259 314	360	90	9.00	HQ
WB22-120	660 271	5 259 348	360	90	18.00	HQ
WB22-121	660 279	5 259 348	360	90	18.00	HQ
Total:					102.00

iMetal Resources Strengthens Technical Team With Appointment of Vice President Exploration

Overview

Company Highlights

Key Projects

Gowganda West

Project Highlights:

Kerrs Gold Deposit

Project Highlights:

Ghost Mountain

Project Highlights:

Directors and Management Team

Saf Dhillon - President and Chief Executive Officer

Scott Zelligan - Vice-president Exploration

Joyce Liu - Chief Financial Officer and Corporate Secretary

R. Timothy Henneberry - Director

Scott Davis - Director

Johan Grandin - Director

Robert Coltura - Director

Christopher W. Hill – Investor Relations Manager

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