| Publish on 12-03-2015 METANOR INTERSECTS 6.3 g/t Au OVER 4.2 METERS AT BACHELOR MINE; CONFIRMS TREND BELOW LEVEL 8 | |
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December 3, 2015 - Val-d'Or, Quebec, Canada: Metanor Resources Inc. ('Metanor') (TSXV: MTO) is pleased to provide this update on its underground exploration drilling program at Bachelor Mine. A drill located on level 8 in the Hewfran sector of Bachelor Mine intersected 6.3 g/t over 4.2 meters (hole 8-109). These holes listed below intersected the H-10 vein below level 8 and confirm the trend at depth. See attached longitudinal figure. A drill is now on level 14 to verify the extension of this trend 300 meters below level 8.
The results are in the table below:
Hole N°
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From (m)
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To (m)
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length (m)*
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Au grade capped (g/t)
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Remark
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8-104
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26.9
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30.4
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3.4
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3.9
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8-106
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33.0
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33.5
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0.5
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5.6
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8-107
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32.6
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34.5
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1.9
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7.9
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8-108
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39.1
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42.1
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3.0
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5.4
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8-109
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37.1
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41.3
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4.2
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6.3
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8-110
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44.6
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46.2
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1.6
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6.1
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50.9
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52.2
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1.4
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5.5
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*Core length
PDF version
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Metanor Resources Inc.
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EXPLORATION STAGE |
CODE : MTO.V |
ISIN : CA59138Q1037 |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
Metanor is a gold and palladium exploration company based in Canada. Metanor holds various exploration projects in Canada. Its main exploration properties are NELLIGAN, OPINACA, VASSAN, WAHNAPITEI, BARRY, BACHELOR LAKE / HEWFRAN and DUBUISSON in Canada. Metanor is listed in Canada, in Germany and in United States of America. Its market capitalisation is CA$ 36.4 millions as of today (US$ 28.1 millions, € 23.9 millions). Its stock quote reached its highest recent level on December 31, 2007 at CA$ 1.37, and its lowest recent point on January 29, 2016 at CA$ 0.03. Metanor has 62 820 000 shares outstanding. |