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Metanor Resources Inc.

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Summary

Project:

Barry

Deposit:Barry
Location:Canada
Commodities:Gold
Date:2/27/2018
Report Code:NI43-101
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Resource Increase/Upgrade
Report details:27-2-2018: Metanor Resources Inc. announces an Exploration/Drilling Update report for its Barry deposit at the Barry project. Drilling results incl. 1.5m @ 24.7g/t Au from 180.1m. February 27th , 2018 - Val-d'Or, Quebec, Canada: Metanor Resources Inc. ("M
Resources:(not mentioned in this report)
CP/QP:[Overall Report]: Pascal Hamelin (Internal)
ABSTRACT:February 27th , 2018 - Val-d'Or, Quebec, Canada: Metanor Resources Inc. ("Metanor") (TSX - V: MTO) is pleased to announce new high-grade results of 21.2 g/t Au over 1.7 metres, 31.5 g/t Au over 1.1 meters and 24.7 g/t Au over 1.5 metres at the Barry project. Metanor has also extended the main shear zone at depth with grades of 6.4 g/t Au over 5.1 metres and 3.9 g/t Au over 12.0 metres. Metanor continues to advance the exploration of the Barry project by expanding known shear zones at depth and along strike through its surface drilling campaign. The program has a total of 3 diamond drill rigs, 2 drilling on the Barry project and 1 drill rig exploring other targets in the camp. 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 shear zones. These structures are open in all directions. Metanor estimates that the actual thicknesses of the mineralized intersections are between 70% and 95% 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.

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