Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 Geodan2on Apr 20, 2016 10:56am
119 Views
Post# 24788556

Not very encouraging, best stuff is at the top

Not very encouraging, best stuff is at the top
Hole No. from (m) to (m)

length
(m)*
grade
Au (g/t)
MO-16-103b 332.0 332.9 0.8 2.1
MO-16-103b 429.4 429.8 0.4 3.4
MO-16-103b 527.1 527.4 0.3 12.6
MO-16-103b 544.3 545.9 1.6 6.9
MO-16-103b 554.0 556.4 2.4 2.5
MO-16-106 44.6 47.5 2.9 2.6
MO-16-107 29.6 33.0 3.4 3.7
MO-16-108 39.4 42.7 3.3 1.2
MO-16-114 25.5 27.1 1.6 5.3
MO-16-116 103.7 106.8 3.1 2.8
MO-16-117 35.6 37.8 2.2 6.9
MO-16-119 85.3 87.6 2.2 0.2
MO-16-121 71.3 72.9 1.6 0.6
MO-16-122 32.1 33.6 1.5 2.4
MO-16-124 17.0 19.0 2.1 3.8
MO-16-130 606.9 608.0 1.1 2.7
MO-16-131 444.5 447.0 2.5 5.5
MO-16-133 10.7 12.0 1.3 9.1
MO-16-135 8.3 14.8 6.6 3.8
including 9.1 10.6 1.5 12.2
MO-16-136 30.5 31.3 0.8 5.2
MO-16-138 28.0 28.3 0.3 2.8
MO-16-139 8.3 14.8 6.6 1.8
including 9.1 10.6 1.5 9.2
MO-16-139 73.6 75.1 1.5 2.0
MO-16-140 84.0 87.4 3.4 6.7
MO-16-141 117.6 118.1 0.6 2.2
MO-16-141 160.2 160.8 0.6 2.7
MO-16-144 57.8 58.4 0.6 3.7
MO-16-144 79.6 80.5 0.9 5.2
MO-16-144 160.9 161.5
0.6
2.2

The only stuff at depth below 100 meters that is over 6 grams is narrow, such as 
MO-16-103b 527.1 527.4 0.3 12.6
MO-16-103b 544.3 545.9 1.6 6.9

Even this one 
MO-16-140 84.0 87.4 3.4 6.7

at 84 meters which likely would be profitable at depth to mine 6.7 grams at 3.4 meters, is quite shallow,

They likely held off so long hoping for better results, which is what have been guessing last two weeks.

The good news is the best stuff is cheap to mine, could be trenched at surface.  What they found below 100 metters on average is not worth mining, 6.9 gramms at 1.6 meters is not worth it 600 meters down, especially without access in place.

They may find better stuff, glad they did release this.    JMHO Metanor may open trench this and run Barry too.   Maybe they will hit stuff deep worth it later.
<< Previous
Bullboard Posts
Next >>