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Metanor Resources Inc.

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Summary

Project:

Bachelor Mine

Deposit:Bachelor Mine
Location:Canada
Commodities:Gold
Date:5/29/2018
Report Code:NI43-101
Report Type:Exploration/Drilling Update
Project Stage:Active Mining & Production
Report details:29-5-2018: Metanor Resources Inc. announces an Exploration/Drilling Update report for its Bachelor Mine deposit at the Bachelor Mine project. Drilling results incl. 3.6m @ 19.1g/t Au from 37.2m. VAL-D'OR, Quebec, May 29, 2018 -- Metanor Resources Inc. (th
Resources:(not mentioned in this report)
CP/QP:[Overall Report]: Pascal Hamelin (Internal)
ABSTRACT:VAL-D'OR, Quebec, May 29, 2018 -- Metanor Resources Inc. (the “Company” or "Metanor") (TSX-V:MTO) is pleased to announce drill results from the on-going underground drill campaign at the Bachelor Mine, including new high-grade results of 19.1 g/t Au over 3.6 metres, 12.0 g/t Au over 4.0 metres and 6.4 g/t Au over 21.8 metres. These new results have extended the deposit 183 metres or 600 feet below the lowest working level at Bachelor Mine and demonstrate the southeasterly plunging continuity to the deposit. Highlights from new drill holes include: Metanor estimates that the actual thicknesses of the mineralized intersections are between 65% and 80% of the core lengths. No capping grade is used at this stage. The Company uses a rigorous QA-QC analytical program according to industry standards. The analytical results were done by pyroanalysis (A.A.) at the mine laboratory. Blanks, duplicates and certified reference standards are inserted into the sample stream to monitor laboratory performance. The company’s QA-QC analytical verification program requires that a minimum of 5% of the samples be audited at an independent laboratory. These audit assays were sent to ALS laboratory located in Val-d'Or, Quebec. The results of the audits are consistent with those obtained.

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