VAL-D'OR, QUEBEC--(Marketwired - June 30, 2016) -
Metanor Resources Inc.
("Metanor") (TSX VENTURE:MTO) is pleased to provide this update on its
underground exploration drilling program at Bachelor Mine.
The development of a ramp below level 14 toward level 15 in the Main
vein allowed the construction of a drill station well positioned to
define additional resources below level 14.
The drilling began in early June.
The details of the intersections obtained from the drill holes are
described in the table below:
Hole No from (m) to (m) length (m)* grade Au (g/t) Zone
14-117 16.3 21.1 4.8 4.1 Main
And 31.0 34.9 3.9 4.9 Main
14-118 21.5 30.3 8.8 10.4 Main
14-119 24.1 25.0 0.9 2.1 Main
14-130 101.6 107.2 5.7 5.5 Main
(*) Core length
The mining development continues toward the recently drilled sectors,
and mining will commence in the coming month.
Metanor estimates that the mineralized intercepts' true thicknesses
reach 60 to 65% of the drill cores.
A capping of 31 g/t was used or 1 Au ounce.
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 Val-d'Or, Québec.
Results of the spot checks were consistent with those reported.
Qualified Persons
Pascal Hamelin, P. Eng., Vice-president of Operations, is the Qualified
Person under NI 43-101, responsible for reviewing and approving the
technical information contained in this news release.
Cautionary and Forward-Looking Statements
This press release includes certain statements that may be deemed
"forward-looking statements".
The potential quantity and grade is conceptual in nature as there has
been ---- developments may differ materially from those forward-
blooking statements.
Neither the TSX Venture Exchange, nor its Regulation Services Provider
accepts responsibility for the adequacy or accuracy of this release.
Ronald Perry
Vice-president
514-262-8286
rperry@metanor.ca
http://web.tmxmoney.com/article.php?newsid=7162413387272455&qm_symbol=MTO
http://www.plata.com.mx/mplata/articulos/articlesFilt.asp?fiidarticulo=281
The gold market is showing some early signs of recovery mostly driven
by the drop in long term interest rates and rise in the risk
aversion in the markets.
http://www.kitconet.com/images/live/au0001wb.gif
Gold & Silver is the only REAL Legal Tender -
by The Founding Fathers for your -
Rights, Liberty and Freedom -
http://www.biblebelievers.org.au/monie.htm
God Bless
Lingerie Fighting Championships Signs Broadcast Deal With Maybacks Global Entertainment • BOTY • Sep 26, 2024 9:00 AM
Maybacks Global Entertainment and Lingerie Fighting Championships Enter Into Broadcast And Revenue Sharing Agreement • AHRO • Sep 26, 2024 8:30 AM
North Bay Resources Commences Operations at Bishop Gold Mill, Inyo County, California; Engages Sabean Group Management Consulting • NBRI • Sep 25, 2024 9:15 AM
CEO David B. Dorwart Anticipates a Bright Future at Good Gaming Inc. Through His Most Recent Shareholder Update • GMER • Sep 25, 2024 8:30 AM
Cannabix Technologies and Omega Laboratories Inc. Advance Marijuana Breathalyzer Technology - Dr. Bruce Goldberger to Present at Society of Forensic Toxicologists Conference • BLOZF • Sep 24, 2024 8:50 AM
Integrated Ventures, Inc Announces Strategic Partnership For GLP-1 (Semaglutide) Procurement Through MedWell USA, LLC. • INTV • Sep 24, 2024 8:45 AM