Vancouver - iMetal Resources, Inc. (TSXV: IMR) (OTC Pink: ADTFF) (FSE: A7V2) ('iMetal' or the 'Company') is pleased to provide an update on exploration activities at its flagship Gowganda West property in the Shining Tree District of the Abitibi Greenstone Gold Belt of Northern Ontario.

The Riverside Resources Inc. (TSXV: RRI) technical team spent 10 days on site reviewing the main mineralized structures and drill core from the 2019/2020 program and ground truthing the 2019 IP survey.

Highlights

Samples were taken from Zone 1, Zone 3 and the Elkhorn 'Window' and submitted to ALS Minerals in Thunder Bay, an ISO/IEC 17025:2017 accredited facility. Assays will be released once received and reviewed.

Gold mineralization in the core appears to be associated with shear zones associated with lithologic boundaries

Gold mineralization on surface is associated with zones of brecciation exhibiting sericitic alteration and silica flooding.

'The 10-day review program has considerably improved the geological understanding of the Gowganda West mineralized system,' commented iMetal CEO Saf Dhillon. 'We're incorporating the new data to direct the upcoming trenching program to get set for a drilling campaign the Company feels holds considerable promise,' he continued. 'We are very pleased with our collaboration with Riverside Resources as we are seeing immediate results and benefit from their technical expertise,' he concluded.

The western section of the property abuts Aris Gold Corp.'s (TSX: ARIS) Juby deposit and is underlain by moderately to steeply northeast dipping sediments of the Porcupine assemblage to the north and a sheared and folded package of strongly altered and mineralized fine to coarse clastic sediments and feldspar + quartz porphyry dykes to the south. These units have been intruded by a series of north to northwest trending diabase dykes that appear to lie in mineralized shear structures.

The eastern section of the property is underlain by the younger post mineral Gowganda Formation and the Elkhorn 'Window' of Archean rocks. The Elkhorn Window is important as it appears it is on strike with the Tyrrell Shear Zone which hosts the Juby deposits.

The Company plans to initiate a program of mechanical trenching along Zone 1 and Zone 3 to expose both structures to the north and south to tighten up drill targets prior to an H2 drilling campaign.

About Gowganda West

The Gowganda West property covers approximately 147 sq km in the Shining Tree volcano-sedimentary succession of the southwestern Abitibi Greenstone Gold Belt contiguous to the north and west of Aris Gold Corp.'s (formerly Caldas Gold Corp.) Juby Gold deposit, a series of four mineralized alteration zones along the Tyrrell Shear Zone. Gold mineralization at Juby is associated with narrow quartz-carbonate-pyrite veins hosted within 20 to 330 metre wide zones of ankerite-albite-silica-sericite alteration and variable amounts of fine-grained, disseminated pyrite and also with multiple lenses containing narrow (

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