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Go Metals is ready to deliver in 2023

With fresh financing in the bank, Go Metals has the runway to drive value in 2023

Go Metals Corp. (CSE:GOCO) targets Canadian battery metal projects to help power a sustainable future. The flagship project is a nickel-copper sulphide project located 130 kilometres north of Havre-Saint Pierre, Quebec - the HSP project. The company closed a $2.1M financing in November 2022 which will provide funding for the upcoming exploration campaign.

 

 

The 150 km2 HSP property is located within the Grenvillian Havre-Saint-Pierre Anorthosite Complex. The project is in close proximity to Hydro-Quebec maintained  roads and 15 km north of the new Romaine IV hydroelectric power facility.

 

Nickel and platinum group elements were first discovered after an Aerodat survey in 1995. This first-pass EM survey revealed several conductors on the property. Three of the original conductors were examined with ground follow-ups in the late 90s. Massive sulphide mineralization was discovered, yielding grab samples with good grades of copper and nickel and elevated platinum, palladium, cobalt and gold values.

The 2021 campaign resulted in the discovery of several new zones with nickel values scattered across the asset and grab samples with up to 1.78% nickel and 3.97% copper.

On the results of the campaign,  Scott Sheldon, CEO of Go Metals said: ““The discovery of several new zones of nickel and copper at surface is encouraging and we look forward to proving these zones to their potential. HSP is an exciting property in an underexplored part of the Grenville Province. This battery metals project is the definition of low carbon footprint potential within a few kilometers of the Romaine IV hydro-electric project.”

The 2021 data led to further confidence in the project and two financing in March and May totalling $2.2M. The 2022 exploration campaign got off to a promising start in September with 5 targets having confirmed visual nickel-copper mineralization all beginning near surface. Drilling also intersected wide intervals of mineralization in 5 zones and all remain open to depth.

Even before the results from the initial campaign were returned, the company staked more land. acquiring two new properties. The 71 square kilometer Ninety-Eight Property, and the 171 square kilometer Clyde Property. Total land position in the region then stood at 396 square kilometers.

While Go Metals is still awaiting the results from the 2022 campaign at the time of writing, there has been sufficient interest in the HSP project which has allowed them to close another $2.2M financing as at November 17, 2022.

 

 

 

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