iMetal Resources Completes Second Drilling Phase at the Carheil Graphite Project with Confidence

Eulerpool Research Systems Jan 31, 2024
The Canadian mining company iMetal Resources successfully completed the second drilling phase at their Carheil graphite project, located in the prolific northern Abitibi greenstone belt in Quebec. With the completion of drilling on January 25 by the company DIAFOR Inc. from Malartic, four drill holes were completed over a total distance of 1,100 meters—a direct continuation of activities from the previous spring. Saf Dhillon, President and CEO of iMetal, was pleased with the sections identified in the latest drill holes. The targeted horizons were the same as in the first phase and also included an investigation of a regional structure that highlights the potential of the concession area for additional mineralizations. The core samples obtained have already fulfilled predefined geological expectations and are now being sent for analysis to the facility of ALS Geochemistry in Rouyn-Noranda. The publication of the results is imminent. The Carheil project is characterized by diverse metal potentials and is surrounded by various mines such as Selbaie, Casa Berardi by Hecla, and Detour Lake by Agnico Eagle; however, iMetal points out that the presence of mineralizations in these mines does not necessarily indicate similar mineralizations in the Carheil area. Quality and control of the sampling (QA/QC) included the addition of certified blank samples and reference materials at regular intervals, as well as analysis methods using IR spectroscopy, and where necessary, fire assay and mass spectrometry, to identify the occurrence of graphite and other elements in the samples. iMetal, headquartered in Canada, primarily focuses on the raw material exploration segment and possesses promising concession areas in Ontario and Quebec. The exploration activities extend to the flagship project Gowganda West, the Kerrs gold project, the Ghost Mountain project, and the Carheil project, which is the focus here. iMetal looks forward to the future and will continue its business operations under the leadership of CEO Saf Dhillon, while the industry awaits the upcoming analysis data with interest.

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