Metanor Resources MEAOD

Moroy has potential to increase mine life of Bachelor mill

[stocksnthings1]

According to Metanor Resources’ management team,Sandstorm would be entitled to 20% of the ounces that will be produced from ore zones within a 1.5 kilometer radius from the Bachelor Lake shaft.

Tonnage/Grade	4 g/t	5 g/t	6 g/t	8g/t
2.5Mt	321,000	401,000	482,000	643,000
3Mt	386,000	482,000	579,000	772,000
3.5Mt	450,000	563,000	675,000	900,000
4Mt	515,000	643,000	772,000	1.03Moz
5Mt	643,000	804,000	965,000	1.29Moz

it would make a lot of sense to just push an exploration drift from the Bachelor Lake mine towards this new Moroy zone as it will be cheaper to conduct an underground drill program rather than continuing to drill holes from surface (as the sweet spot of the IP target is located approximately 600 meters below surface).

https://www.caesarsreport.com/reports/report-metanor-resources-shifting-fifth-gear-moroy-discovery/

[LiTeOn1981]

This post has been removed in accordance with Community Policy

[stocksnthings1]

Good Grades and still drilling from June 2016 Diamond drilling campaign on the Moroy property located 1 km from the Bachelor mill.   To date, approximately 14,600 meters of drilling have been completed on the Moroy property as part of the ongoing 60,000 meter drilling campaign intended to increase the mineral resource in this area. https://www.metanor.ca/en/communiques-presse

[LiTeOn1981]

This post has been removed in accordance with Community Policy

[mstettler]

Funny how things come full circle.  I suggested an exploration drift 7 months ago to conduct drilling from underground.  However, unless they come up with some better deep intercepts it would be hard to justify the expenditure right now when barry has become the focus.

[u2bob]

 Mstettler ....agree 100% with that statement...put it on hold... so far Moroy at best looks like shallow trench mining...and I think SSL has made enought off of MTO shareholders...with no new deal in site... now we need to move onto Barry put forth resources where they are best suited...I called the company today and they are drilling away at Barry and have also sent an extra drill there so