Sector: Mining - Metals and Minerals :
News Release - November 1, 2016 4:32 PM ET
Metanor Intersects 70.9 g/t Au Over 2.6 m on the Barry Property Adjacent to Osisko Mining's Windfall Property
NEW YORK, NY, November 1, 2016 /Sector Newswire/ - Metanor Resources Inc. (TSX-V: MTO) (US Listing: MEAOF) (Frankfurt: M3R) this week announced that it intersected 70.9 g/t Au over 2.6 meters in the Moss Sector located north-east 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. A segment of 3 km of this structure extends on the Barry property belonging entirely to Metanor Resources. This new high-grade discovery dramatically enhances the attractiveness of Metanor to prospective suitors in an area under consolidation, as Metanor has quality grades adjacent Osisko and the only mill around.
Fig. 1 (above) Primary asset: 100%-owned Bachelor Gold Mill
Figure 2. (above) Location of new discovery adjacent Osisko
..source Company release, available here
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SOURCE: Sector Newswire editorial, content courtesy Market Equities Research Group