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Metanor Resources Inc.
Summary
| Project: | Bachelor Mine | |
|---|---|---|
| Deposit: | Moroy Zone | |
| Location: | Canada | |
| Commodities: | Gold | |
| Date: | 1/18/2018 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Active Mining & Production | |
| Report details: | 18-1-2018: Metanor Resources Inc. announces an Exploration/Drilling Update report for its Moroy Zone deposit at the Bachelor Mine project. Drilling results incl. 1.8m @ 27.9g/t Au from 375.3m. January 17, 2018 - Val-d'Or, Quebec, Canada: Metanor Resources | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Pascal Hamelin (Internal) | |
| ABSTRACT: | January 17, 2018 - Val-d'Or, Quebec, Canada: Metanor Resources Inc. ("Metanor") (TSX - V: MTO) is pleased to announce that underground exploration drilling at it’s Bachelor Mine has successfully extended the Moroy veins to depth by over 100 vertical metres. This new drilling is located at a recently completed exploration drill bay on the new development at 11 level extended from the Bachelor mine towards the Moroy zone. Highlights include significant intercepts such as 7 g/t Au over 3.9 metres and 7.4 g/t Au over 2.7 metres. Greg Gibson, CEO stated “The Moroy Zone adds a completely new dimension to the Bachelor Mine as these new zones extend continuously from surface to depth below 600 metres as these recent results are demonstrating. Our emphasis on providing new access from underground for exploration is paying off, especially as these new zones get nearer to the existing Bachelor Mine workings with depth. New undeveloped zones such as Moroy as well as our encouraging results at Barry bode well for the future of the Bachelor operations, especially in combination with our potential plans for mill expansion. It is important to note that the Bachelor operation has the only permitted, operating mill with potential for expansion within the extremely busy Urban Barry camp that is proving new high grade deposits on multiple fronts.” | |
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