iMetal Drills Jumbo Graphite Flakes at Carheil (Quebec) and Expands Its Property From 22 km2 to 130 km2

Ad blocking detected

Thank you for visiting We have detected you cannot see ads being served on our site due to blocking. Unfortunately, due to the high cost of data, we cannot serve the requested page without the accompanied ads.

If you have installed ad-blocking software, please disable it (sometimes a complete uninstall is necessary). Private browsing Firefox users should be able to disable tracking protection while visiting our website. Visit Mozilla support for more information. If you do not believe you have any ad-blocking software on your browser, you may want to try another browser, computer or internet service provider. Alternatively, you may consider the following if you want an ad-free experience.

Canadian Insider Club
$299/ year*
Daily Morning INK newsletter
+3 months archive
Canadian Market INK weekly newsletter
+3 months archive
30 publication downloads per month from the PDF store
Top 20 Gold, Top 30 Energy, Top 40 Stock downloads from the PDF store
All benefits of basic registration
No 3rd party display ads

* Price is subject to applicable taxes.

Paid subscriptions and memberships are auto-renewing unless cancelled (easily done via the Account Settings Membership Status page after logging in). Once cancelled, a subscription or membership will terminate at the end of the current term.

iMetal Drills Jumbo Graphite Flakes at Carheil (Quebec) and Expands Its Property From 22 km2 to 130 km2

VANCOUVER, BC--(Marketwired - August 31, 2016) - iMetal Resources, Inc. (TSX VENTURE: IMR) ("IMR") is pleased to announce results from one of their recent three-hole diamond drill program on IMR's newly acquired property in Carheil, Quebec and details from a petrology report by AGAT Laboratories (Calgary). Carheil is located 130 km north of the town of La Sarre, in the Abitibi region of Quebec, the most mining friendly district in the world.

DDH 1603 was drilled at a -55- degree angle intersecting graphitic sedimentary rocks at a depth of approx. 95 meters. Samples collected from the graphite zone represent a near perpendicular section through the sequence. A review of the petrology of the graphite intersection indicates the presence of Jumbo-sized graphite flakes in combination with Large and Medium to Small graphite flakes within a zone grading 1.67% Cg over 4.67 meters, from 144.56-149.23 meters in the hole. The Jumbo-sized flakes occur in a 1.1 meter sample grading 7.48% Cg. The largest Jumbo flake identified measured over 785 Microns, (a Jumbo flake is any flake that measures greater than 300 Microns). A petrology report from AGAT Laboratories in Calgary for the remaining 2 holes drilled 25 meters apart is pending.

Previously, a review by IMR of historical geophysical survey reports based on exploration by Noranda Exploration and described in a March 7, 2016 news release, documented the presence of a strong several km-long electromagnetic conductor that extended beyond the Carheil property boundaries. On this basis IMR has exercised the option to acquire from Skyworld Holdings (see October 22nd, 2015 press release) full ownership of the Carheil property issuing a total of 1.9 Million shares. This will allow IMR to control 100% of this geophysical anomaly.

An exploration program is now being planned to explore the EM conductor for additional graphite intersections. More detailed information is available on

In addition to the continued exploration for graphite, the Company is also going to pursue opportunities for gold within the boundaries of its current permit. Future work will be directed both to graphite and gold exploration.

Dr. Mark Fedikow is a Qualified Person under the guidelines of National Instrument 43-101 and he has reviewed and approved the geological information contained in this news release.


"Johan Grandin", CEO

Johan Grandin

Comment On!

Upload limit is up to 1mb only
To post messages to your Socail Media account, you must first give authorization from the websites. Select the platform you wish to connect your account to (via Easy Blurb).