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Go Metals Corp. reports exploration and project-development updates for Canadian critical-metals assets, with recent news centered on the KM98 vanadium titanomagnetite project in Québec. Company releases describe metallurgical testing of oxide mineralization, magnetite and ilmenite concentrate work, iron-vanadium concentrate results, exploration authorizations, bulk sampling, and technical partnerships related to KM98.
Go Metals news also covers the Monster IOCG copper project in Yukon, natural hydrogen claim staking through Deep Hydrogen Corp. in Ontario and Québec, and the use of GeoDL and other artificial-intelligence tools for geological analysis. Corporate updates include option-agreement changes, private placements, share consolidation matters, and exploration-permit disclosures.
Go Metals Corp. has successfully completed a reconnaissance program at its KM98 Critical Metals project in Côte-Nord, Québec. The program aimed to determine favorable geology and mineralization to explain a large electromagnetic signal detected in a 2023 AirTEM survey. Fieldwork included surveying conductors with beep mats, sampling hand-excavated trenches, and analyzing weathered bedrock. Samples have been sent for laboratory assays and thin section analysis with a scanning electron microscope. The program, conducted over four days, involved two teams prospecting for conductors supported by a helicopter. The KM98 project is located approximately 60 kilometers north of Havre-Saint-Pierre and is part of the same anorthosite complex as the HSP project.
Go Metals Corp (CSE: GOCO) announced the successful closure of a non-brokered flow-through common share financing, issuing 1,111,111 shares at $0.09 per share. The company raised approximately $99,999.99, subject to a hold period expiring on September 16, 2024. They also issued 77,777 non-transferable finder's warrants with an exercise price of $0.10, valid for 12 months. Additionally, Go Metals will undertake a reconnaissance program at their KM98 project in Côte-Nord, Québec. The program, supported by IOS Services Geoscientifiques, aims to identify favorable geology and mineralization for nickel-copper sulphides. The KM98 targets share geophysical similarities with the HSP project, with previous findings indicating potential for significant mineral deposits.
Go Metals Corp. announces a private placement of flow-through shares at $0.09 per share, aiming to raise up to $100,000 for exploration on critical metal projects in Quebec, Canada. The Company will pay a 7% cash and 7% finder's warrant fee for the Private Placement, with each warrant allowing the holder to acquire a common share at $0.10 within 12 months. The securities will be subject to a hold period of four months and one day.
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