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Metanor Resources Inc.

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Summary

Project:

Bachelor Mine

Deposit:Bachelor Mine
Location:Canada
Commodities:Gold
Date:1/12/2017
Report Code:NI43-101
Report Type:Exploration/Drilling Update
Project Stage:Active Mining & Production
Report details:12-1-2017: Metanor Resources Inc. announces an Exploration/Drilling Update report for its Bachelor Mine deposit at the Bachelor Mine project. Drilling results incl. 13.9m @ 8.6g/t Au from 90.2m. January 12th, 2017 - Val-d'Or, Quebec, Canada: Metanor Resou
Resources:(not mentioned in this report)
CP/QP:[Overall Report]: Pascal Hamelin (Internal)
ABSTRACT:January 12th, 2017 - Val-d'Or, Quebec, Canada: Metanor Resources Inc. ("Metanor") (TSX - V: MTO) is pleased to provide this update on its ongoing underground drilling program at the Bachelor Mine. A diamond drill, located in the ramp below level 14, intersected the main vein at depth below the current infrastructures. The longitudinal section presented below shows the area of intercept, and demonstrates the extension of the main vein further down. The drilling in the area will continue deeper as the ramp progresses. Metanor estimates that the mineralized intercepts’ true thicknesses reach 55% to 70% of the drill cores. A capping of 31 g/t was used or 1 Au ounce. The Company uses a rigorous, industry-standard, QA/QC program. The samples were assayed by fire-assay at the Metanor assay lab. Blanks, duplicates and certified reference standards are inserted into the sample stream to monitor laboratory performance. The quality control program of the assay results (QA/QC) adopted by Metanor includes a minimum of 10% of controlled assays being conducted as well as verification by an independent ALS-certified assay laboratory in Val-d’Or, Québec. Results of the spot checks were consistent with those reported.

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