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Metanor Resources Inc.
Summary
| Project: | Barry | |
|---|---|---|
| Deposit: | Barry | |
| Location: | Canada | |
| Commodities: | Gold | |
| Date: | 3/8/2017 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Feasibility Study | |
| Report details: | 8-3-2017: Metanor Resources Inc. announces an Exploration/Drilling Update report for its Barry deposit at the Barry project. Drilling results incl. 114.6m @ 1.6g/t Au from 3.7m. Metanor Resources Inc. ("Metanor") (TSX - V: MTO) is pleased to provide an up | |
| Resources: | (Not mentioned in this report) | |
| CP/QP: | [Overall Report]: Claude Duplessis, Pascal Hamelin (GoldMinds Geoservices Inc.;Internal) | |
| ABSTRACT: | Metanor Resources Inc. ("Metanor") (TSX - V: MTO) is pleased to provide an update on its ongoing surface drilling program at the Barry project in the UrbanBarry camp. Sixteen holes have been drilled so far this year, totalling 2,730 meters, towards the southeast and south-west of the Barry pit. Many narrow shear structures with gold mineralization, were encountered by the two drill holes MB-17-42 and MB-17-43.The discovery of higher grade mineralization (3.1 to 13.6 g/t over thickness near 2 meters) associated with the shear structures, provides the opportunity to define and extend narrow panels which may lead to a more selective mining method. The eleven holes drilled to the south-east allowed for the expansion of the west zone in all directions, and the limits have not been determined by the recent drilling. The gold bearing sector is located on the hanging wall of a felsic intrusive. Elsewhere in the deposit, the gold presence is largely associated with the intrusive. This relation is also mentioned in the Windfall deposit located 12 km to north-east. The three holes MB-17-39, 40, and 41 were drilled along the mineralized zone with the objective to confirm the continuity and distribution of the gold structure, and to collect sufficient core material for metallurgical testing of this new zone. The drill holes followed the gold structure, and only a few segments of intrusive rock interrupted the gold grade. | |
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