Metanor $MTO $MEAOF announced the start of a drilling campaign to update the mineral resources of its Barry Gold Project. The campaign of 1,200 meters will include validation drilling of the high-grade zones and of the extensions of certain mineralized zones, for eventual open pit mining. The campaign and the mineral resource update is… Continue reading Metanor $MTO $MEAOF Begins Drilling to Update the #Mineral #Resources of the Barry #Gold #Project #Quebec
Tag: discovery
Metanor $MTO Intersects 9.2 g/t #Gold Over 6.4 M at the Moroy Project #Quebec
Metanor Resources (TSX.V-MTO) (OTCBB:MEAOF) started drilling on the Moroy project in late February and has intersected 9.2 g/t gold over 6.4 metres, near surface. A second drill was planned to commence in the following days. This drill campaign is expected to cover over 60,000 m in the area, one km south of the Bachelor Mine.… Continue reading Metanor $MTO Intersects 9.2 g/t #Gold Over 6.4 M at the Moroy Project #Quebec
Metanor $MTO $MEAOF Starts #Drilling the Moroy’s New Anomalies #Quebec
Metanor Resources – TSX.V-MTO OTCBB-MEAOF – has started the surface drill campaign targeting the Moroy’s new anomalies. This new mineralized zone is located 1 km south-east of the Bachelor Mine. The first drill holes are targeting the anomalies located just below the mineralized zones discovered on surface. A second drill is expected to be added… Continue reading Metanor $MTO $MEAOF Starts #Drilling the Moroy’s New Anomalies #Quebec
Metanor $MTO $MEAOF Prepares New Drilling Campaign for the Moroy Zone and Evaluates Resuming Operations at the Barry Open Pit
Metanor announced that it is studying the possibility of restarting gold mining operations at their open pit on its 100% owned Barry property. Table 1: Summary of Resources, Barry Open Pit (from 2010 NI 43-101 Report by Duplessis & Camus1) Class Tonne Au g/t uncapped Au g/t capped Ounces Au (capped) Indicated 7,701,000 1.29 1.25 309,500 Inferred 10,411,000… Continue reading Metanor $MTO $MEAOF Prepares New Drilling Campaign for the Moroy Zone and Evaluates Resuming Operations at the Barry Open Pit
Metanor Resources $MTO $MEAOF Intersects 7.5 g/t Gold Over 7.2 m at Bachelor Mine
Metanor has provided this update on its underground exploration drilling program at Bachelor Mine. The drill located on level 8 in the Hewfran sector of Bachelor Mine intersected 7.5 g/t over 7.2 meters (hole 8-112). The holes listed below intersected the structure of the H-10 vein below level 8 down to level 10. Hole N° From (m)… Continue reading Metanor Resources $MTO $MEAOF Intersects 7.5 g/t Gold Over 7.2 m at Bachelor Mine
Metanor Resources $MTO $MEAOF Publishes Results on Moroy Property Exploration
Metanor $MTO $MEAOF has been conducting two exploration programs and exploration drilling from surface on the Moroy property located near 1 km south of the Bachelor mine. A drill campaign during the summer of 2015 identified an important gold structure on the Moroy property and confirmed the value of the geophysical surveys on the mineralisation… Continue reading Metanor Resources $MTO $MEAOF Publishes Results on Moroy Property Exploration
Update on Metanor Resources TSXV-MTO Drill Results
Metanor Resources has been consistently releasing drill results throughout June. Here is a briefed summary of these results (go to www.metanor.ca for complete news releases): July 2, 2015 – Metanor Intersects 6.82 g/t Gold Over 8.7m at Bachelor Mine The drill located on level 6 has intersected 6.82 grams per tonne over 8.7 metres. The… Continue reading Update on Metanor Resources TSXV-MTO Drill Results
Falcon Gold $FG TSX.V Closes First Tranche of Private Placement
Falcon has closed a first tranche of the previously announced $600,000 private placement for gross proceeds of $191,225 and issued 2,549,666 Units priced at $0.075 per Unit. Each Unit is one common share and 1/2 warrant, priced at $0.10 per share for the first 12 months or at a price of $0.20 per share for… Continue reading Falcon Gold $FG TSX.V Closes First Tranche of Private Placement
Metanor $MTO TSX.V Adds to Last Press Release
Metanor adds the following details to the press release dated May 22nd, 2015 in connection with the March 31st quarterly financial results, which showed a net earning due to cash cost being reduced to $849 US per ounce: Metanor now has: — $4.4M in its bank account and 785 oz of gold stored at the… Continue reading Metanor $MTO TSX.V Adds to Last Press Release
Falcon FG Announces $600,000 Private Placement and Update on NY Canyon Property, Mineral County, Nevada
Falcon Gold (CVE:FG) announced a non-brokered private placement of up to 8M units priced at $0.075 per Unit for total gross proceeds of $600,000. Each unit will consist of one common share and one-half warrant priced at $0.10 per share for the first 12 months and $.020 per share for the 12 months thereafter. Proceeds… Continue reading Falcon FG Announces $600,000 Private Placement and Update on NY Canyon Property, Mineral County, Nevada