RE:RE:RE:RE:Metanor Intersects 15.3 g/t Au Over 6.6 MetersThat aspect is very good, being close to mill. I have hundreds of thousands of shares of this, so want results as good as possible.
The first drill results ended up in trading halt and 50% gain. If it were true width and the rest of drill holes similar, this could be .50 today. Today the stock was even to down, with this news. See below:
Hole No. From (m) To (m) Length (m)(i) (g/t) (estimated) ---------------------------------------------------------------------------- ---------------------------------------------------------------------------- MO-15-18 163 173,4 10,5 1,1 70% ---------------------------------------------------------------------------- MO-15-24 138,7 139,3 0,6 5,7 70% ---------------------------------------------------------------------------- MO-15-41 198,4 200,3 1,9 6,7 70% ---------------------------------------------------------------------------- MO-15-44 210,1 213,9 3,8 4,8 55% ---------------------------------------------------------------------------- MO-15-51 19,8 22,7 3 1,9 70% ---------------------------------------------------------------------------- MO-15-55 25,8 26,3 0,5 4,5 55% ---------------------------------------------------------------------------- MO-15-58 38,1 42,5 4,4 11,4 55% ---------------------------------------------------------------------------- MO-15-59 27,8 28,1 0,3 8,3 55% ---------------------------------------------------------------------------- MO-15-62 20 30,8 10,7 8,4 55% ---------------------------------------------------------------------------- MO-15-63 103,2 106,6 3,4 13,8 55% ---------------------------------------------------------------------------- MO-15-64 59,6 60,4 0,8 11,5 55% ---------------------------------------------------------------------------- MO-15-65 97,8 101,5 3,7 1,8 55% ---------------------------------------------------------------------------- MO-15-66 99,2 106,6 7,3 2,4 55% ---------------------------------------------------------------------------- MO-15-68 18,6 19,8 1,3 2,4 70% ---------------------------------------------------------------------------- MO-15-68 40,6 47,3 6,6 15,3 55% ---------------------------------------------------------------------------- MO-15-68 121,1 122,9 1,8 3,3 70% ---------------------------------------------------------------------------- MO-15-69 59,4 60 0,6 11,5 55% ---------------------------------------------------------------------------- MO-15-73 20,4 24 2,6 2,6 55% ---------------------------------------------------------------------------- MO-15-74 28,8 31,8 3 6,3 55% ---------------------------------------------------------------------------- MO-15-75 35 41,5 6,5 2,9 55% ---------------------------------------------------------------------------- MO-15-98 21,4 24,7 3,3 9,8 The results are not bad. Lets take these 4:
MO-15-51 19,8 22,7 3 1,9 70% ---------------------------------------------------------------------------- MO-15-55 25,8 26,3 0,5 4,5 55% ---------------------------------------------------------------------------- MO-15-58 38,1 42,5 4,4 11,4 55% ---------------------------------------------------------------------------- MO-15-59 27,8 28,1 0,3 8,3 55% Of those 4 in a row only 15-58 is really worth mining underground. Its about 7 feet wide and very nice grade at 11.4. That is why stock did not take off. TThere is not proof yet this system is consistantly worth mining underground. Being near the mill and at surface is very good. If the future drilling shows 4 meter avg true width with avg grade over 8 grams that would be great, stock would explode. The 4 intercepts above are very near surface so could be pitted. I have heard nothing about wall rock carrying gold. If the wall rock had .5 grams a ton, then open pitting would be very profitable with these shallow veins boosting avg grade. The next set of holes can be much better than these.