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Metanor Resources Inc.
Summary
| Project: | Barry | |
|---|---|---|
| Deposit: | Barry | |
| Location: | Canada | |
| Commodities: | Gold | |
| Date: | 7/16/2018 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 16-7-2018: Metanor Resources Inc. announces an Exploration/Drilling Update report for its Barry deposit at the Barry project. Drilling results incl. 11.6m @ 3.7g/t Au from 226.8m. July 16, 2018 - Val-d'Or, Quebec, Canada: Metanor Resources Inc. (the “Comp | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Pascal Hamelin (Internal) | |
| ABSTRACT: | July 16, 2018 - Val-d'Or, Quebec, Canada: Metanor Resources Inc. (the “Company” or "Metanor") (TSX - V: MTO) is pleased to announce drill results from the on-going drill campaign at the Barry project, including new high-grade results of 7.4 g/t Au over 4.4 metres, 7.1 g/t Au over 4.2 metres, 9.4 g/t Au over 2.9 metres and 8.2 g/t Au over 2.6 metres. These new drill holes were designed to expand the deposit westerly and at depth, which continues to demonstrate strong continuity to the mineralized system. The Barry project is located in the Urban-Barry camp, 110 km east from the city of Lebel-surQuévillon, and 110 km south of the Bachelor mill. 624,414 tonnes of ore grading 2.2 g/t Au for 43,970 ounces were extracted from three small pits between 2008 and 2010. A drilling campaign is underway at the Barry property to increase mineral resources below the pits in multiple highgrade shear zones and to proceed with an underground bulk sample program. The gold mineralization at the Barry project is structurally controlled and is hosted in a sheared basalt containing quartz-carbonate-albite veins with pyrite. Metanor has identified three main subvertical shear zones and approximately ten secondary lower dipping tension veins. These structures are open in all directions. | |
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