Mr. Ronald Perry reports
METANOR INTERSECTS 18 G/T OVER 1.5 METERS IN AN UNKNOWN SECTOR AT BACHELOR MINE
Metanor Resources Inc. has presented an update of the exploration activity at the Bachelor mine. The team at the Bachelor mine intersected 18 grams per tonne over 1.5 metres on level 12 in an unknown sector. This sector is less than 80 metres south from the current infrastructure of level 12. The results are released in the attached table.
Hole From To Length (i) Au grade
(m) (m) (m) capped (g/t)
12 109.70 111.20 1.50 18.0
(i) Core length
This sector was not drilled previously. Three holes are planned to be drilled in the same area to verify the continuity and orientation of the gold structure. The results will be published as they are available.
The true width is unknown in relation to the core length obtained in the diamond drill hole. The cap-off grade used in the analysis is 51.5 grams per tonne gold, or 1.5 ounces gold. The samples were assayed by fire assay at the Metanor assay lab. The quality assurance/quality control program of the assay results adopted by Metanor includes a minimum of 10 per cent of controlled assays being conducted, as well as verification by an independent external assay lab.
Qualified person
Pascal Hamelin, PEng, vice-president of operations, is the qualified person under National Instrument 43-101, responsible for reviewing and approving the technical information contained in this news release.
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