Go Metals Begins Reverse Circulation Drill Program at HSP

October 16, 2023 1:02 PM EDT | Source: Go Metals Corp.

Vancouver, British Columbia--(Newsfile Corp. - October 16, 2023) - Go Metals Corp. (CSE: GOCO) ("Go Metals" and/or the "Company") is pleased to announce the Company has mobilized the drill to the HSP nickel-copper project, north of Havre-Saint-Pierre on the Côte-Nord of Quebec.

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Figure 1: Drill mobilization at Red Mountain

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  • Completed 200 square kilometres AirTEM survey
  • RC drill program based on UTEM ground survey
  • Drill targets include Red Mountain, Chamber, and PGE

Scott Sheldon, CEO of Go Metals said, "The AirTEM airborne survey has completed both the north and south contact extensions of the original HSP block. Our focus is now on drilling the UTEM anomalies where we confirmed the presence of highly conductive, west-dipping bodies at both Red Mountain and PGE zones. Drilling into the center of the conductors perpendicular to the interpreted dip will give the company valuable information on each target."

Qualified Person

Hugues Longuépée, P.Geo., is the qualified person ("QP") for the Company as defined in the National Instrument 43-101 and has reviewed the technical information presented within this news release. The QP for the Company has not verified the historic sample analytical data disclosed within this release.

About Go Metals

Go Metals targets Canadian battery metal projects to help power a sustainable future. The Company's flagship HSP project has multiple nickel-copper sulphide targets within a 400 square kilometre land package north of Havre-Saint Pierre, Quebec in the Nitassinan of the Innu of Ekuanitshit.

The HSP property hosts multiple magmatic sulphide targets within a potential new nickel belt spanning hundreds of kilometres across the Havre-Saint-Pierre anorthosite complex in the Grenville Province.

For further information, please contact:

Scott Sheldon, President

Forward-Looking Information:

This press release may include "forward-looking information" (as that term is defined by Canadian securities legislation), concerning the Company's business. Forward-looking information is based on certain key expectations and assumptions made by the Company's management, including future plans for the exploration and development of its mineral properties, future production, reserve potential, and events or developments that the Company expects. Although the Company believes that such expectations and assumptions are reasonable, investors should not rely unduly on such forward-looking information as the Company can give no assurance, they will prove to be correct. Forward-looking statements in this press release are made as of the date of this press release. The Company disclaims any intent or obligation to publicly update any forward-looking information (whether because of new information, future events or results, or otherwise) other than as required by applicable securities laws. There are several risk factors that could cause future results to differ materially from those described herein. Information identifying risks and uncertainties is contained in the Company's filings with the Canadian securities regulators, which filings are available at www.sedar.com.

The Canadian Securities Exchange (operated by CNSX Markets Inc.) has neither approved nor disapproved of the contents of this news release.

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