Metanor Resources MEAOD

RE:RE:RE:RE:RE:RE:Much better written PR AND Good News, Very High Grades

[Geodan2]

ramblersrest wrote: This is getting more interesting . Reminds of Integra in a way ...Same area aggressive and great results ...MTO is drilling underground and increasing surface drill rigs on this new large one under their nose ....It is being noticed and will be a good story through the winter ....The SP is weak due to dilution , and the bad news they frittered away their cash reserves ....Looking ahead Grades will get better so coming quarters financials have a good chance to improve ....Adding drill rigs to this new zone has got to pay off ....Stay positive all ....

Rambler, I do see this PR as a positive.   The width is no where what we thought possible at first, they did hit it parallel and know that now.

However they say 20-95% of true width.  How I see it the 5 meterish intercepts at high grade are basically true width, and the 95% figure indicates they think so too on those.  

Hole No	From (m)	To (m)	length (m)*	Au grade capped (g/t)	Remark
MO-15-05	437.6	450.7	13.1	0.8
MO-15-06	494.7	499.1	4.4	1.2
MO-15-14	6.4	51.8	45.4	8.0
MO-15-14	211.0	212.6	1.6	4.3
MO-15-14	460.2	461.1	0.9	3.3
MO-15-52	29.2	30.0	0.8	19.4
MO-15-53	36.9	43.9	7.0	12.0
MO-15-54	30.3	31.3	1.1	5.7
MO-15-54	43.8	45.5	1.7	23.9	60.7 g/t uncapped
MO-15-92	6.4	12.0	5.6	18.9
MO-15-93	6.6	46.8	40.2	8.3
MO-15-94	16.5	20.9	4.4	8.4
MO-15-97	12.0	17.7	5.6	8.6

They have 19 and 61 gram a ton intercepts, that is superb, the average of the bolded ones is about 15 garms, superb. 

The width is varying a lot and obvious it is multi-vein. Even a 2 meter vein at 15 grams is profitble underground and extremely profitible to trench from surface.

If there is one very high grade zone, why not 2? 

BTW Mata saw your comments and agree.

So bottom line IMHO is we have roughly a 5 meter vein at 8-15+ grams a ton. and some 1-3 metter sections or, additional veins at 10-60 grams, and THEY said 1 kilometer indicated.  So a larger area is confirmed, the vein is thinner that first intercept (drill was parallel) and the back to good news, the grade is higher, much higher in some parts.

So concur with Rambler this is making Metanor much more interesting.  The PP has hurt a lot, gold $ has hurt and the thiickness may have disspointed some investors today.  But think  IMHO Metanor is worth more today that yesterday in real value.