Nice...Halt...Good News? ....my guess Osisko mining just started trading today so I would not hold ny breath on that one yet....my guess is we have our report coming out for Barry ...this is what many have been waiting for like myself... Sprott.said in his interview Barry is the key ...and like many here we have been waiting to get back there...open pit is were the money will be made...IMHO...No PP !
I will be looking forward to that report ...in all honesty if and when we get a buyout we need to have proving up gold in the ground ...its that simple first things first... " DRILL"...or you will just be selling yourself short today ...good luck...lets se what tommorow brings...
Bob
Barry, Canada: 60m grading 2.3g/t Au from 18m depth (MB-16-11)
Metanor Resources’ plan to increase the mineral resources and make an economic case for resuming mining at its Barry gold project in Quebec, Canada, is going very well, with the final results from recent diamond drilling capping off a strong campaign.
Barry has previously been mined from 2008-2010 With gold mining only ceasing in 2010 after producing 43,970 ounces of gold from Barry and a fully functioning mill just 117km away, Metanor is well-positioned to start generating cash flow.
There were two compelling drill results included in the latest assays – 60m grading 2.3g/t Au from 18m depth and 55m grading 1.3g/t Au from 5m depth. Within the former was an 18m zone grading 4.6g/t Au from 60m depth.
Both the grade and the depth of these intersections bode well for openpit mining. In terms of location, they’re from an area to the southeast of the main pit where mining used to occur.
Based on this success, Metanor is considering an additional drill campaign of 15,000m on these extensions, on the lookout for a new potential openpit.