Metanor Resources (TSX.V-MTO) announced drilling to commence on both the Bachelor and the Barry properties with a campaign of approximately 15,000 meters per property.
The drilling campaign will be funded with flow through financing that was raised and announced earlier in the year. It will be designed to investigate Induced Polarization (IP) anomalies recently detected on the Bachelor Property and lateral extension and extension at depth of the Diagnos Gold zone discovered in 2010 on the Hewfran claims block and located about 2.5 km to the West of the Bachelor mine.
The drilling program on the property Barry is also designed to investigate IP anomalies detected during surveys conducted between 2009 and 2011 and covering the whole block of claims. A total of 247 km of IP surveys detected 153 new anomalies or extensions of the anomalies discovered during the previous surveys on all of these properties.
Targets that will be investigated on both the Bachelor and Barry properties during this drilling campaign are very promising and are intended to define new mineralized structures that may lead to the discovery of new gold deposits on the property.