Posted in | Gold | Discoveries

Metanor Announces Intersection of New Gold Zones at Moroy Property

Metanor Resources Inc. is pleased to announce the results of the surface diamond drilling campaign on the Moroy property located 1 km from the Bachelor mill.

To date, approximately 14,600 meters of drilling have been completed on the Moroy property as part of the ongoing 60,000 meter drilling campaign intended to increase the mineral resource in this area.

All of the drill holes contain gold and some have intersected up to three different gold intersections. The drilling campaign continues while interpretations are underway to evaluate the structural controls associated with the gold zones.

The details of the intersections obtained from the drill holes are described in the table below:

Hole N0.

from (m)

to (m)

length (m)*

grade Au (g/t)

Zone

MO-16-128

238.4

240.8

2.4

4.7

South

MO-16-129

155.2

156.9

1.7

3.6

New Zone

MO-16-131

442.9

448.0

5.1

3.1

South

MO-16-132

170.9

176.7

5.8

2.4

New Zone

MO-16-139

66.5

75.9

9.4

1.6

South

MO-16-145

106.5

107.0

0.5

2.9

South

MO-16-146

322.7

325.2

2.5

3.1

New Zone

MO-16-146

561.6

572.5

10.9

2.5

New Zone

MO-16-147

104.2

108.0

3.8

1.4

South

MO-16-148

188.9

191.1

2.3

3.9

South

Mo-16-149

218.0

220.9

2.9

2.1

South

MO-16-150

186.6

189.7

3.1

3.0

South

MO-16-151

209.2

212.0

2.8

1.5

South

MO-16-152

181.9

183.1

1.2

Low value

South

MO-16-153

208.4

211.6

3.2

6.1

South

MO-16-154

203.2

206.0

2.8

Low value

South

MO-16-155

203.6

205.0

1.4

2.1

South

MO-16-156

92.5

94.6

2.1

4.9

South

MO-16-156

178.6

185.5

6.9

1.6

New Zone

MO-16-157

210.1

211.4

1.4

4.0

South

MO-16-158

15.8

19.3

3.6

3.9

South

MO-16-159

13.3

27.2

13.8

6.9

South

MO-16-161

312.3

315.1

2.8

6.5

New Zone

MO-16-162

84.0

90.7

6.7

2.3

New zone (O'Brien)

MO-16-163

61.5

62.5

1.0

2.0

South

MO-16-164

249.4

250.9

1.6

9.2

New Zone

MO-16-165

54.9

55.8

1.0

9.8

New Zone

MO-16-165

368.9

374.4

5.5

6.5

New Zone

MO-16-166

249.1

256.4

7.3

2.3

South

MO-16-166

381.1

392.1

11.0

4.2

New Zone

Including

382.6

385.4

2.7

6.6

New Zone

Including

390.2

392.1

1.8

11.2

New Zone

MO-16-167

53.1

54.1

1.0

2.3

South

MO-16-168

128.4

133.1

4.6

Low value

South

MO-16-169

146.0

162.7

16.7

1.9

New Zone

Including

149.7

152.4

2.7

3.3

New Zone

Including

154.3

156.2

1.9

3.3

New Zone

Including

161.6

162.7

1.1

8.4

New Zone

MO-16-171

96.1

99.0

2.9

1.7

South

MO-16-172

538.9

540.2

1.3

1.1

South

* Core length

Metanor estimates that the mineralized intercepts' true thicknesses are about 60 to 80% of the drill cores. A capping of 31 g/t was used or 1 Au ounce. Metanor 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.

Source: http://www.metanor.ca/

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