Metanor intersects 70.9 g/t gold over 2.6 meters
0 Comments| 1 day ago
Metanor Resources (TSX: V.MTO, OTCQB: MEAOF, Forum)
announced today that it has intersected 70.9 g/t gold over 2.6 meters.
The drilling took place in the Moss Sector situated on
The Barry Gold Mine property owned 100% of Metanor Resources -
This is located north-east of but on the Barry Property
and
south-west of the Windfall Property belonging to Osisko Mining.
The drill hole intersects two gold-bearing zones
associated with sulphide (15%) in proximity to a regional fault.
This dominant geological structure has a minimal length of 6 km.
- A segment of 3 km of this structure extends on
the Barry Property belonging entirely to Metanor.
These drill results show high-grade gold values,
with more assay results pending.
Along with this, the drill program in the Moss Sector is ongoing.
True widths of the new exploration intercepts reported in this
release have yet to be determined.
Additional drilling is planned for the immediate area which will
enable the determination of true widths.
Further information can be found here.
Metanor Resources was recently in the news earlier this month when
it reported additional drill results of 12.0 g/t gold over 3.9 meters
at MTO’s Bachelor Mine.
The Company has 436 million shares outstanding and
a market cap of $39.2 million - ($39.2 mil would not pay for redev. a
shaft - the mill would cost above 100mil ++ for the infrastructure and
that is very undervalued and oversold $39mil. is only represent a
fraction of the real Metanor mines cost and gold values) -
imo!
bigone thank you, Do you think that we may receive a buyout offer? Maybe
from Osisko? -
Metanor own the only modern mill in the area of large rich gold green
stone belt -
buyout offers may come forward at any time for this
gold mines resources kind oversold and undervalued gold bargain -
http://www.b-tv.com/metanor-resources/ -
https://www.clivemaund.com/article.php?id=68 -
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=126184103
image: 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 -
0 Comments| 1 day ago
Metanor Resources (TSX: V.MTO, OTCQB: MEAOF, Forum)
announced today that it has intersected 70.9 g/t gold over 2.6 meters.
The drilling took place in the Moss Sector situated on
The Barry Gold Mine property owned 100% of Metanor Resources -
This is located north-east of but on the Barry Property
and
south-west of the Windfall Property belonging to Osisko Mining.
The drill hole intersects two gold-bearing zones
associated with sulphide (15%) in proximity to a regional fault.
This dominant geological structure has a minimal length of 6 km.
- A segment of 3 km of this structure extends on
the Barry Property belonging entirely to Metanor.
These drill results show high-grade gold values,
with more assay results pending.
Along with this, the drill program in the Moss Sector is ongoing.
True widths of the new exploration intercepts reported in this
release have yet to be determined.
Additional drilling is planned for the immediate area which will
enable the determination of true widths.
Further information can be found here.
Metanor Resources was recently in the news earlier this month when
it reported additional drill results of 12.0 g/t gold over 3.9 meters
at MTO’s Bachelor Mine.
The Company has 436 million shares outstanding and
a market cap of $39.2 million - ($39.2 mil would not pay for redev. a
shaft - the mill would cost above 100mil ++ for the infrastructure and
that is very undervalued and oversold $39mil. is only represent a
fraction of the real Metanor mines cost and gold values) -
imo!
bigone thank you, Do you think that we may receive a buyout offer? Maybe
from Osisko? -
Metanor own the only modern mill in the area of large rich gold green
stone belt -
buyout offers may come forward at any time for this
gold mines resources kind oversold and undervalued gold bargain -
http://www.b-tv.com/metanor-resources/ -
https://www.clivemaund.com/article.php?id=68 -
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=126184103
image: 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 -
My opinions are my own and and DD I post should be confirmed as unbiased
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