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Metanor Resources Inc.
Summary
| Project: | Barry | |
|---|---|---|
| Deposit: | Moss | |
| Location: | Canada | |
| Commodities: | Gold | |
| Date: | 10/31/2016 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Feasibility Study | |
| Report details: | 31-10-2016: Metanor Resources Inc. announces an Exploration/Drilling Update report for its Moss deposit at the Barry project. Drilling results incl. 2.6m @ 70.9g/t Au from 328.9. October 31, 2016 – Val-d'Or, Quebec, Canada: Metanor Resources Inc. ("Metano | |
| Resources: | (Resource, M+I): 2.49Mt @ 1.52g/t Au for 122000oz Au contained | |
| CP/QP: | [Overall Report]: Pascal Hamelin (Internal) | |
| ABSTRACT: | October 31, 2016 – Val-d'Or, Quebec, Canada: Metanor Resources Inc. ("Metanor") (TSXV: MTO) is pleased to announce that it has intersected 70.9 g/t Au over 2.6 meters in the Moss Sector located northeast of the Barry property and south-west of the Windfall property belonging to Osisko Mining. This drill hole intersects two gold bearing zones associated with sulphide (15%) in proximity to a regional fault. As per the drill holes, this dominant geological structure has a minimal length of 6 km, toward the Windfall property belonging to Osisko Mining. A segment of 3 km of this structure extends on the Barry property belonging entirely to Metanor Resources. See attached figure. The drill results obtained thus far show high gold values and more assay results are pending. In addition, the drill campaign continues in the Moss Sector. True widths of the new exploration intercepts reported in this press release have yet to be determined. Additional drilling is planned for the immediate area which will enable the true width determination. Assays are uncut except where indicated. The Company uses a rigorous, industry-standard, QA/QC program. The samples were assayed by fire-assay at the Metanor assay lab. Blanks, duplicates and certified reference standards are inserted into the sample stream to monitor laboratory performance. The quality control program of the assay results (QA/QC) adopted by Metanor includes a minimum of 10% of controlled assays being conducted as well as verification by an independent ALS-certified assay laboratory in Vald’Or, Québec. Results of the spot checks were consistent with those reported. | |
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