For thousands of other reports visit RSC's Mineral Intellingence Map
Metanor Resources Inc.
Summary
| Project: | Barry | |
|---|---|---|
| Deposit: | Barry | |
| Location: | Canada | |
| Commodities: | Gold | |
| Date: | 1/19/2018 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 19-1-2018: Metanor Resources Inc. announces an Exploration/Drilling Update report for its Barry deposit at the Barry project. Drilling results incl. 4.6m @ 14.3g/t Au from 498.0m. January 19th, 2018 - Val-d'Or, Quebec, Canada: Metanor Resources Inc. ("Met | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Pascal Hamelin (Internal) | |
| ABSTRACT: | January 19th, 2018 - Val-d'Or, Quebec, Canada: Metanor Resources Inc. ("Metanor") (TSX - V: MTO) is pleased to announce new high-grade intercepts of 14.3g/t Au over 4.6 metres and 10.4 g/t Au over 4.5 metres at the Barry project located in the Urban township, 110 km south of the Bachelor mill. These new exploration drill results continue to expand the size and further confirm the continuity of these structures. The shear zones have now been extended in excess of 1,500 m on strike, to a depth exceeding 440 m remaining open in all directions. From recent drilling, Metanor has identified multiple tensional veins within the existing shear hosted system. Throughout 2017, the company drilled 49,000 metres into these shear structures. The drill results have demonstrated multiple zones and from this drill campaign, the company is now prepared to initiate an underground bulk sample program in early March to verify the continuity and grade distribution of the multiple shear zones. The bulk sample program will consist of developing a decline from the face of the Main pit wall down to 100 metres below surface. At this elevation, the company will drive drifts into the gold bearing shears zones. The plan is to send 10,000 tonnes of ore to the Bachelor mill later in the year to reconcile mill head grade with the mining grade in a defined sector. Metanor is also increasing the size of the Barry camp to accommodate a larger exploration program. The work began in November 2017 and is expected to be completed mid Q1 2018. This will give the Barry project the ability to begin the bulk sample program as scheduled on March 1st 2018. | |
Full Report
opaxe is a smart software platform that reconfigures and redistributes information and produces business insights to help mining professionals and investors make better decisions. We utilise technology and machine learning for data collection and human intelligence for the value-added services.
Full Report