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Metanor Resources MEAOD

Metanor Resources Inc is engaged in the production and sale of gold as well as acquisition, exploration, and development of mining properties. It projects include the Moroy Project and Barry project among others.


OTCPK:MEAOD - Post by User

Post by Babyboom51on Mar 31, 2015 8:42am
96 Views
Post# 23580440

Good news again for Metanor

Good news again for MetanorMetanor Intersects 8.64 g/T Over 5.8 Meters at Bachelor Mine VAL-D'OR, QUEBEC--(Marketwired - Mar 30, 2015) - Metanor Resources Inc. ("Metanor") (TSX VENTURE:MTO) is pleased to announce that it has intersected 8.64 g/T over 5.8 meters near the drill station on level 13 at the Bachelor Mine. Pursuant to the press release dated March 17(th) 2015, the drill campaign continued from a drill bay on level 13 to the west between levels 13 and 14. This sector corresponds to the junction of the <> and the <> veins between levels 13 and 14 to the west. The campaign is continuing in this sector and results will be announced as they become available. Afterward, the drill campaign will continue in this same trend to the west between levels 12 and 13. This sector is open to the west with very few drill holes between level 8 and level 14. The potential stopes could be developed within months since the junction is located within 30 meters of the existing excavations on level 13 and 14. Hole No From (m) To (m) Length* Grade (g/t Au) Zone --------- -------- ------ ------- -------------- ------------------------ Main zone between level 13-149 27.6 38.4 10.8 2.1 13 and 14 --------- -------- ------ ------- -------------- ------------------------ Including 27.6 28.1 0.5 26.4 Visible gold --------- -------- ------ ------- -------------- ------------------------ Main zone between level 13-154 31.1 33.4 2.3 2.5 13 and 14 --------- -------- ------ ------- -------------- ------------------------ Main zone between level 13-158 40.9 44.1 3.2 9.1 13 and 14 --------- -------- ------ ------- -------------- ------------------------ Main zone between level 13-160 34.7 40.5 5.8 8.6 13 and 14 --------- -------- ------ ------- -------------- ------------------------ *Core length The true width is between 50 and 80% 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.
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