# iMetal Resources Files Gowganda West Technical Report Citing 0.42 g/t Gold Over 278.35 Metres

> iMetal Resources filed a Gowganda West technical report citing 0.42 g/t gold over 278.35 metres and recommending a $2.25 million exploration program.

- Published: 2026-11-12T07:30:58+00:00
- Section: Research & Clinical Trials
- Author: News Desk
- URL: https://newsforagent.com/news/2026-11-12/imetal-gowganda-west-technical-report
- Source: [Stock Titan](https://www.stocktitan.net/news/IMRFF/i-metal-resources-files-gowganda-west-technical-t029fozrx4je.html)

## Key takeaways

- iMetal Resources filed a technical report for Gowganda West dated effective October 15, 2026.
- The report recommends an IP survey estimated at $296,200 and a 5,000-metre drill program estimated at $1.9 million, or $2.2 million with contingencies.
- iMetal granted 1,950,000 restricted share units and 2,500,000 deferred share units to directors, officers and consultants.

iMetal Resources filed a technical report for its flagship Gowganda West gold project that cites 2025 drilling of 0.42 g/t gold over 278.35 metres and recommends a $2.25 million exploration program. [Stock Titan](https://www.stocktitan.net/news/IMRFF/i-metal-resources-files-gowganda-west-technical-t029fozrx4je.html) reported the filing on November 12, 2026.

## What The Gowganda West Report Found

The report is dated effective October 15, 2026, and was authored by R. Tim Henneberry, P.Geo., a director of [iMetal Resources](https://akta.pro/company-profiles/0000lpl/imetal-resources). It covers all work at Gowganda West since the company acquired the property in 2016. The 2025 interval in hole IMGW-25-06 includes 0.61 g/t gold over 62.45 metres and 0.57 g/t gold over 80 metres. All intervals are core lengths, and true widths are currently unknown.

The 2023 and 2025 drilling defined Zone 1 West, roughly 250 metres long and open in all directions. The zone sits at the northwest end of a 2019 versatile time-domain electromagnetic target more than 4 kilometres long. The report states that Zone 1 West geophysics appears to trend into McFarlane Lake Mining's 826 Zone, about 1,400 metres to the northwest, and that the two zones show comparable grades, geology and style of mineralization.

The recommended program pairs an induced polarization survey, estimated at $296,200, with a 5,000-metre drill program expected to allow for 12 to 15 holes at an estimated $1.9 million. With contingencies, the combined program is estimated at $2.2 million. "Filing this technical report is an important milestone for Gowganda West," said Saf Dhillon, President and CEO of iMetal. "For the first time, ten years of exploration on the property are brought together in one report, with a clear, costed plan for what comes next."

iMetal also granted 1,950,000 restricted share units and 2,500,000 deferred share units to certain directors, officers and consultants under its existing incentive plan. The restricted share units vest in two equal parts, after twelve months and after twenty-four months, while the deferred share units vest after twelve months.

## iMetal's Funding And Ownership Records

iMetal is a Canadian junior exploration company focused on gold and critical mineral properties in Ontario and Quebec, with Gowganda West as its flagship asset, according to akta.pro [company records](https://akta.pro/company-data). The same records list total funding of $6.7 million and a last round dated August 18, 2026. They also record a February 2026 release of 2025 Phase I drilling results from Gowganda West, with hole IMGW-25-06 returning 0.424 g/t gold over 278.35 metres including 1.239 g/t gold over 16.65 metres.

## Gowganda West Work Before The Filing

In October 2026, iMetal advanced Phase 4 drill targeting at Gowganda West, integrating 2025 drill results with historical data, Aktien reported. In September 2026, the company appointed mining executive Michel Dufresne to its board of directors, FinanzNachrichten.de reported. In August 2026, McFarlane Lake Mining acquired 19.9% of iMetal for $1.42 million, appointing Paul Larkin and Robert Scott to board and CFO roles, AInvest reported.

## Where To Read The Gowganda West Report

The report is available under the company's profile on SEDAR+ and on [iMetal's corporate website](https://imetalresources.ca).

## Companies in this story

- [iMetal Resources company profile](https://akta.pro/company-profiles/0000lpl/imetal-resources) · website: https://imetalresources.ca

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