Metanor Intersects 11.9 g/t Au Over 11.85 Meters at Bachelor
VAL-D'OR, QUEBEC--(Marketwired - July 29, 2015) - Metanor Resources Inc. ("Metanor") (TSX VENTURE:MTO) is pleased to provide this update of the exploration activities at the Bachelor Mine. The drill located on level 6 has intersected 11.9 g/t of gold over 11.85 meters. The drill holes intersected the veins between levels 6 and 8. The results are in the table below:
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| Hole No. |
From (m) |
To (m) |
length
(m)* |
Au grade
capped (g/t) |
Zone |
| 6-130 |
145.57 |
147.07 |
1.5 |
8.68 |
8-H-14 |
| 6-131 |
157.86 |
158.19 |
0.33 |
7.33 |
8-H-14 |
| 6-133 |
111.5 |
114.3 |
2.8 |
7.86 |
8-H-14 |
| 6-134 |
146.9 |
150.9 |
4 |
1.87 |
8-H-14 |
| 6-147 |
114.36 |
126.21 |
11.85 |
11.9 |
8-H-14 |
| 6-148 |
119.55 |
120.7 |
1.15 |
4.3 |
8-H-14 Zone B |
|
127.47 |
129.62 |
2.15 |
3.98 |
8-H-14 Zone A |
| 6-149 |
109.6 |
110.65 |
1.05 |
5.2 |
8-H-14 |
| 6-150 |
121.1 |
123.8 |
2.7 |
7.21 |
8-H-14 |
| 6-152 |
129.55 |
134.1 |
4.55 |
8.4 |
8-H-14 |
*Core length
These new results indicate the existence of two distinct veins located near each other. The A zone is dipping near 55 degrees, and the B zone is dipping near 90 degrees. The results also confirm a larger enrichment at the contact of the 2 veins in the 8-H-14 zone. (See the longitudinal section for the holes location). A second drill on level 6 targeted the area above the level and the results will be published as they become available.
The true width is between 50 and 85% of the core length obtained in diamond drill holes. The cap-off grade used in the analysis is 51.5 g/T or 1.5 oz Au. The samples were assayed by fire-assay at the Metanor assay lab. The quality control program of the assay results (QA QC) adopted by Metanor includes a minimum of 10% of controlled assays being conducted as well as verification by an independent external assay lab.
A map is available at this address: https://media3.marketwire.com/docs/1019237-metanor.jpg
Qualified Person
Pascal Hamelin, P.Eng, Vice-president of Operations, is the Qualified Person under NI 43-101, responsible for reviewing and approving the technical information contained in this news release.
Cautionary Language and Forward-Looking Statements