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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

Comment by brandy2000on Sep 03, 2017 12:09pm
91 Views
Post# 26651903

RE:New Barry drill assays

RE:New Barry drill assaysGoldhappy, Ok so narrow gold bearing structures have been found. However the grades as yet are moderate. Profitable Long-hole stoping is challenging under the best of conditions. Gibby and Hammy will need much more proved up if this is ever going to be an under ground mine. So where is the Study that confirms your spec. Yeah that's right there is not one to be had. This could take three or more drill seasons to prove up and formulate a pea and validate a potential under ground operation. The Barry open pit expansion is in play and continues to be a strong factor if they can get it to the mill. When that happens is still off in the distance.

There is potential as bigger players have appeared this year. So walking away is silly too. 
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