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Metanor Increases Total Ounces in New Gold Resource Estimate at Barry Pit

June 22, 2016 - releases
Metanor Increases Total Ounces in New Gold Resource Estimate at Barry Pit

Metanor Resources Inc., (TSX VENTURE:V.MTO) has received an updated Mineral Resource estimate on its Barry property located 116 km from the Bachelor mill.

The new estimate is based on a total database of 1,100 diamond drill holes and rock saw channel samples for 79,055 meters with 51,524 assays.

This update takes the 1 g/t range base case resource to 209,400 ounces gold in Measured category grading 1.21 g/t in 5.383 Million tonnes, 96,000 ounces gold in Indicated category grading 0.98 g/t in 3.037 million tonnes and 1.046 million ounces grading 1.02g/t Au in 31.92 million tonnes in inferred resources using a cut-off grade of 0.50g/t.read more

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