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Metanor Resources Inc.

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Summary

Project:

Barry

Deposit:Barry
Location:Canada
Commodities:Gold
Date:6/22/2016
Report Code:NI43-101
Report Type:Resource Estimation
Project Stage:Pursuing Resource Increase/Upgrade
Report details:22-6-2016: Metanor Resources Inc. announces a Resource Estimation report for its Barry deposit at the Barry project. Updated mineral resource estimate for Barry property, now contains Measured resources. This technical report was prepared by GoldMinds Geo
Resources:(Resource, M+I): 8.42Mt @ 1.13g/t Au for 305000oz Au contained (0.5g/t Au cut-off)
CP/QP:[Resources]: Claude Duplessis (GoldMinds Geoservices Inc.)
ABSTRACT:This technical report was prepared by GoldMinds Geoservices Inc. for Metanor Resources Inc. to support the disclosure of updated mineral resources according to the guidelines set under “Form 43- 101F1 Technical Report” of National Instrument 43-101 Standards. The report describes the methodology used for modeling and estimation of the mineral resources of the Barry gold deposit using historical and recent drillholes data. The report also presents a review of the history, geology, sample preparation, QA/QC program and data verification of the Barry deposit and provides recommendations for future work. The report is an update of the mineral resources of the Barry gold project following diamond drilling program of 2016 and uses report written on November 04 of 2010 by SGS Geostat. Metanor supplied electronic format data, from which SGS Geostat generated and validated a final updated database that was lately used after validation/verification by GoldMinds Geoservices in the present report.

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