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Metanor Resources Inc.

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Summary

Project:

Bachelor Mine

Deposit:Bachelor Mine
Location:Canada
Commodities:Gold
Date:11/16/2016
Report Code:NI43-101
Report Type:Exploration/Drilling Update
Project Stage:Active Mining & Production
Report details:16-11-2016: Metanor Resources Inc. announces an Exploration/Drilling Update report for its Bachelor Mine deposit at the Bachelor Mine project. Drilling results incl. 3.8m @ 13.1g/t Au from 64.3m. November 16, 2016 – Val-d'Or, Quebec, Canada: Metanor Resou
Resources:(not mentioned in this report)
CP/QP:[Overall Report]: Pascal Hamelin (Internal)
ABSTRACT:November 16, 2016 – Val-d'Or, Quebec, Canada: Metanor Resources Inc. ("Metanor") (TSXV: MTO) is pleased to provide this update on its underground drilling program at the Bachelor Mine. Drilling continued during the months of October and November in the Hewfran sector below level 10. A longitudinal drawing shows the hole locations. The development of a drift on level 12 to access this sector is already underway. In addition, an exploration drift on level 14 is almost completed and will enable the drilling of the extension of this sector below level 12. Metanor estimates that the mineralized intercepts’ true thicknesses reach 45% to 85% 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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