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 (CSE: GOCO) has announced exploration plans for its Monster IOCG copper project in Yukon's Dawson Region. The company has outlined a 2,500-metre diamond drill program targeting three priority areas: Beast, Bloom, and Arena.
The 100%-owned Monster Project spans 62 square kilometres and features high-grade copper-cobalt mineralization, with rock samples showing up to 22% copper and 9.6% cobalt. The project area contains the largest known portion of the Wernecke breccia, extending over 17 kilometers.
Key highlights include:
- Class 3 exploration license valid until 2032
- Mineralization at Arena and Bloom targets extends over 125 and 150 metres respectively
- Project is located 85 km north of Dawson City
- Planned drill program budget of approximately $1,000,000 to be funded through future private placement
Go Metals Corp. (CSE: GOCO) has announced the acquisition of five new projects in Ontario and Quebec through its new subsidiary, Deep Hydrogen Corp. The projects, totaling 5,641 hectares, are focused on natural hydrogen exploration in the Canadian Shield. The company has staked five road-accessible claim blocks: Hydra (1,987 hectares), Fornax (1,049 hectares), Ursa (812 hectares), Aquila (626 hectares), and Cygnus (1,167 hectares).
The projects were selected based on analysis of geological units, fault networks, and surficial hydrogen indicators. The company plans to conduct spring work programs involving soil gas sampling and analysis, focusing on testing gas accumulation at the surface. The exploration strategy leverages the company's experience in nickel exploration and understanding of serpentinization, a process critical for hydrogen production.
Go Metals Corp. (CSE: GOCO) has announced the creation of a new wholly owned subsidiary, Deep Hydrogen Corp, focusing on hydrogen exploration. This initiative aligns with the company's goal of contributing to a sustainable future. Go Metals plans to utilize its advanced GeoDL suite of augmented exploration tools to evaluate natural hydrogen targets across Ontario and Quebec.
The company has partnered with Enki GeoSolutions in Quebec to identify prospective targets. Stephan Séjourné, P.Geo., an experienced exploration geologist and founder of Enki GeoSolutions, will contribute his expertise in natural hydrogen exploration. Séjourné has recently authored research reports on the potential for natural hydrogen in Quebec, funded by the Quebec government and prepared in collaboration with the Institut national de la recherche scientifique (INRS-ETE).
Go Metals Corp. (CSE: GOCO) reports high-grade vanadium and titanium from reconnaissance at the KM98 critical metals project in Québec. Key findings include:
- Multiple titanium-vanadium-bearing massive oxides occurrences
- TiO2 values up to 48% and 0.37% V2O5
- Samples from all targets had at least 0.2% V2O5
- Electromagnetic responses suggest oxides are the source of airborne EM signature
The project is located 35 km north of the Lac Tio Mine. Preliminary SEM results show vanadium hosted in titanomagnetite. The geological setting is similar to other significant magmatic Fe-Ti-V oxide deposits globally.
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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