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EUR 93.18 For Business Accounts Only

iMetal Resources Inc. (TSXV: IMR / OTCQB: IMRFF / FSE: A7V) – An Emerging Gold/Graphite Junior Near Established Majors and Juniors – Initiating Coverage

Fundamental Research Corp has issued a report entitled “An Emerging Gold/Graphite Junior Near Established Majors and Juniors - Initiating Coverage” and dated September 28, 2023. The full report is now at
Underlyings
Agnico Eagle Mines Limited

Agnico-Eagle Mines is a gold mining company with mining operations in Canada, Mexico and Finland. Co. earns a proportion of its revenues from the production and sale of gold in both dore bar and concentrate form. The remainder of revenue and cash flow is generated by the production and sale of byproduct metals. The revenue from byproduct metals is mainly generated by production at the LaRonde mine in Canada (silver, zinc, copper and lead) and the Pinos Altos mine in Mexico (silver).

BHP Group

BHP Group Ltd

BHP Billiton is a global resources company. Co. operates under a Dual Listed Company (DLC) structure, which consists of the BHP Billiton Limited Group and the BHP Billiton Plc Group, operating as a single economic entity. As of June 30 2017, Co. operated four reportable segments: Petroleum, which is involved in the exploration, development and production of oil and gas; Copper, which is involved in the mining of copper, silver, lead, zinc, molybdenum, uranium and gold; Iron ore, which is involved in the mining of iron ore; and Coal, which is involved in the mining of metallurgical coal and thermal (energy) coal.

BHP Group Plc

BHP Billiton is a resources company. Co. extracts and processes minerals, oil and gas, primarily in Australia and the Americas. Co. operates four reportable segments: Petroleum, which is engaged in the exploration, development and production of oil and gas; Copper, which is engaged in the mining of copper, silver, lead, zinc, molybdenum, uranium and gold; Iron Ore, which is engaged in the mining of iron ore; and Coal, which is engaged in the mining of metallurgical coal and energy coal. Co.'s Petroleum unit comprises conventional and unconventional oil and gas assets, and includes exploration, development and production activities.

Hecla Mining Company

Hecla Mining and its subsidiaries discover, acquire and develop mines and other mineral interests and produce and market concentrates, carbon material and dore containing silver, gold, lead and zinc. The company has five units: the Greens Creek, Lucky Friday, Casa Berardi, San Sebastian and Nevada Operations units. The company produces zinc, lead and bulk flotation concentrates at its Greens Creek unit and lead and zinc flotation concentrates at its Lucky Friday unit, each of which the company sells to custom smelters and metal traders on contract. The company also produces unrefined gold and silver bullion bars (dore), loaded carbon and precipitates at its Casa Berardi, San Sebastian and Nevada Operations units.

iMetal Resources Inc

iMetal Resources is engaged in the exploration and development of mineral properties in Ontario, Canada and Central Italy. Co. has not yet determined whether the properties contain National Instrument 43-101 compliant ore reserves that are economically recoverable. The recovery of the amounts shown for mineral properties is dependent upon the existence of economically recoverable reserves, the ability of Co. to obtain necessary financing to complete the exploration and development of such a property or properties and ultimately upon future profitable production from a property or properties or the realization of proceeds from the disposition thereof.

Provider
Fundamental Research
Fundamental Research

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Analysts
Sid Rajeev

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