iMetal Resources Appoints Mining Executive Michel Dufresne to Board of Directors
Rhea-AI Summary
iMetal Resources (OTCQB: IMRFF) has appointed veteran mining executive Michel Dufresne, nominated by McFarlane Lake Mining, to its board of directors. According to iMetal, Dufresne brings decades of mine-building and project management experience, including leadership roles at Ivanhoe Mines and Falconbridge, where he managed multi-hundred-million and multi-billion-dollar projects and budgets across Canada, Africa, Chile, and New Caledonia.
iMetal highlights that Dufresne’s appointment, together with McFarlane Lake’s recent strategic investment that made it the company’s largest shareholder, is intended to enhance technical oversight and shareholder alignment as the company advances its flagship Gowganda West gold project in Ontario. Drilling at Gowganda West’s West Zone, reported in February 2026, returned 278.35 m at 0.424 g/t gold (including 62.25 m at 0.61 g/t and 16.65 m at 1.24 g/t), complementing a 2023 discovery hole of 48.5 m at 0.85 g/t gold. The company also holds the Carheil multi-metal exploration project in Quebec.
Positive
- Strategic board addition of Michel Dufresne, with experience managing projects up to $1.8 billion
- Largest shareholder alignment after McFarlane Lake’s August 2026 strategic investment in iMetal
- Strong drill intercept at Gowganda West: 278.35 m at 0.424 g/t gold in hole IMGW-25-06
- Higher-grade intervals within West Zone hole: 62.25 m at 0.61 g/t and 16.65 m at 1.24 g/t gold
- Prior discovery hole at Gowganda West reported 48.5 m at 0.85 g/t gold
Negative
- None.
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Vancouver, British Columbia--(Newsfile Corp. - September 2, 2026) - iMetal Resources, Inc. (TSXV: IMR) (OTCQB: IMRFF) (FSE: A7VA) ("iMetal" or the "Company") is pleased to announce the appointment of veteran mining executive Michel Dufresne to its board of directors.
"Michel's appointment is a meaningful step forward for iMetal," said Saf Dhillon, President and CEO of iMetal. "His mine-building experience, operational discipline, and record of advancing major projects add valuable depth to our board at an important stage for the Company. Together with McFarlane Lake's strategic investment, his involvement strengthens the technical expertise and shareholder alignment supporting the advancement of Gowganda West and our objective of creating long-term value."
Mr. Dufresne is a veteran mining executive and senior consultant with a multi-decade track record of managing high-value global operations. As Vice President of Projects at Ivanhoe Mines Ltd., he directed major African exploration and feasibility initiatives for three separate projects in South Africa and the Democratic Republic of the Congo. His executive career also includes serving as General Manager for Falconbridge Ltd.'s Sudbury Mines/Mill Business Unit, where he oversaw a
Mr. Dufresne's international leadership experience includes serving as General Manager for Falconbridge Chile S.A., where he managed interests in the
Mr. Dufresne was nominated by McFarlane Lake Mining Limited (CSE: MLM) in connection with its recent investment in the Company.
With Mr. Dufresne's appointment and McFarlane Lake's strategic investment, iMetal has strengthened both its technical oversight and shareholder alignment as it advances Gowganda West within one of Canada's most established and prolific gold producing districts.
About iMetal Resources, Inc.
iMetal is a Canadian junior exploration company focused on gold and critical mineral resource properties in Ontario and Quebec. Its flagship property, Gowganda West, is an exploration-stage gold project located near McFarlane Lake Mining Limited's Juby Project in the Shining Tree Camp area of the southern Abitibi Greenstone Gold Belt, about 100 km south-southeast of the Timmins Gold Camp. Drilling in the project's West Zone, announced in February 2026, returned 278.35 m at 0.424 g/t gold in hole IMGW-25-06, including 62.25 m at 0.61 g/t gold and 16.65 m at 1.24 g/t gold, complementing the 2023 discovery hole of 48.5 m at 0.85 g/t gold. Gowganda West is also contiguous with the Knight project, part of the strategic partnership between Orecap Invest Corp. and Agnico Eagle Mines Ltd. Carheil is an exploration-stage project with multi-metal potential and previous graphite results, located about 170 km north of Rouyn-Noranda in the Northern Abitibi Greenstone Belt. In August 2026, McFarlane Lake Mining Limited (CSE: MLM), iMetal's neighbour at Gowganda West and owner of the adjoining Juby Gold Project, completed a strategic investment that made it the Company's largest shareholder and directly endorsed the Gowganda West land package.
ON BEHALF OF THE BOARD OF DIRECTORS,
Saf Dhillon
President and CEO
iMetal Resources, Inc.
saf@imetalresources.ca
Tel. (604) 484-3031
Suite 550, 800 West Pender Street, Vancouver, British Columbia, V6C 2V6.
https://imetalresources.ca
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This release may contain forward-looking statements or forward-looking information under applicable Canadian securities legislation that may not be based on historical fact, including, without limitation, statements containing the words "believe", "may", "plan", "will", "estimate", "continue", "anticipate", "intend", "expect", "potential", and similar expressions. Forward-looking statements involve known and unknown risks, uncertainties, and other factors which may cause the actual results, performance, or achievements of iMetal to be materially different from any future results, performance, or achievements expressed or implied by the forward-looking statements. These forward-looking statements are based on management's current expectations and beliefs and assume, among other things, the ability of the Company to successfully pursue its current development plans, that future sources of funding will be available to the Company, that relevant commodity prices will remain at levels that are economically viable for the Company and that the Company will receive relevant permits in a timely manner in order to enable its operations, but given the uncertainties, assumptions and risks, readers are cautioned not to place undue reliance on such forward-looking statements or information. The Company disclaims any obligation to update, or to publicly announce, any such statements, events or developments except as required by law.
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