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.

Metanor expects to use three drills to complete this program, with two drill making close-space drillings to identify a well-defined resource and the third to drill at greater depths, targeting the geological anomalies identified in 2015.

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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.

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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 in March to accelerate the campaign. The ongoing drill campaign is expected to cover some 60,000 meters on the Moroy property.


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.

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Hole N° From
Au grade
capped (g/t)
True width
8-112 57.1 64.3 7.2 7.5 95%
8-113 58.4 59.0 0.6 2.9 90%
8-114 67.2 68.0 0.9 2.6 85%
8-115 80.0 81.2 1.2 6.4 80%

*Core length

Following the confirmation of this extension, the upcoming drilling will focus on both sides of this structure between level 8 and 10, and below level 10. A longitudinal figure is available at the following link:

Go to for full news release


Metanor (TSX.V-MTO) Intersects 10.1 g/t Gold Over 26.2 Meters Near Surface

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Metanor Resources TSXV-MTO drills 26.2 meters of 10.1 g/t gold at Bachelor Mine near surface:

MO-15-14 from 6.4 m to 32.6 m intersected 10.1 g/t gold over length of 26.2 m – visible gold at 10.2 m

The drilling continues in the same hole since there are more potential targets at depth.

See: for the complete news release dated 2015-09-22

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 for complete news releases):

White LogoJuly 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 two drill holes intersected the veins between levels 6 and 8. The results are in the table.

                   BACHELOR DRILL RESULTS
                                                  Au grade
                  From          To      Length      capped
Hole No.            (m)         (m)         (m)       (g/t)            
6-141           119.33      123.52         4.2        9.23    
                145.21      146.91         1.7        4.43    
6-145           118.57      120.80         2.2        8.02    
                124.14      132.85         8.7        6.82

These new results demonstrate the existence of two distinct veins located near each other. The A zone is dipping near 55 degrees and the B zone is dipping near 90 degrees. The results continue to expand the dimension of the 8-H-14 (see the longitudinal section for the holes location). The two drills on level 6 continue their exploration activities and results will be published as they become available.

On the surface, a fifth drill began its exploration activities on July 1. The goal of this surface campaign is to follow up with the geophysical work completed in the fall 2014 on properties surrounding the Bachelor camp that generated targets to drill. The first targeted area is a property east of the mine.

June 30, 2015 – Metanor Intersects 18 g/t Gold Over 1.5 m in an Unknown Sector at 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.

June 25, 2015 – Metanor Intersects 12.8 g/t Gold Over 10.8 m at Bachelor Mine

Metanor Resources Inc. has provided an update of the exploration activity at its Bachelor mine. The team at Bachelor mine intersected 12.8 grams per tonne (g/t) over 10.8 metres in the area directly beside the sector already published June 22. The results are released in the associated table.

                    	DRILL RESULTS
                                              Au grade
                                    Length      capped
Hole No.      From (m)    To (m)       (m)       (g/t)
6-135            81.58     81.88      0.30        6.80
6-140           116.92    131.49     14.57        4.97
including       116.92    120.76      3.84        8.30
including       129.32    131.50      2.18       13.61
6-146            95.27     97.56      2.29        1.76
6-151           116.46    127.29     10.82       12.78
including       116.46    118.60      2.13        8.54
including       121.75    126.78      5.03       22.33
6-160            82.27     83.54      1.27        1.14
6-161            67.20     69.21      2.01        6.72
6-162            64.20     67.07      2.87        8.25
6-163            61.95     65.31      3.35        4.64
6-164            60.72     63.74      3.02       16.00
June 22, 2015 – Metanor Intersects 22.85 g/t Gold Over 4.04 m at Bachelor Mine

(See complete news release at for table of drill results)

Over a period of 45 days, 2,612 metres were drilled resulting into a resource calculation between level 6 and 8 by the mine technical service team using a polygonal method as displayed in the table.

Au g/t     Au g/t       Au ounces

Stope               Type     Tonnes   uncapped     capped       (capped)

8-H-10         Indicated     24,968       10.73       10.39           8,342

Samples capped at 31 g/t.  Drill density: 15 m by 15 m.

The cost to drill the 2,612 metres of diamond drilling was $169,377, which corresponds to an average cost of $20.30 per ounce identified.  A second drill is now active in the same area of the mine. The results will be published in the coming weeks once available. A total of 25,000 metres of drilling are planned in the same sector in the coming month.



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 logo-falcon-319x150-2priced 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 the 12 months thereafter.

Proceeds from this financing will be used for exploration and development work on the New York Canyon project and for general corporate purposes.


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:White Logo

— $4.4M in its bank account and 785 oz of gold stored at the Royal   Canadian Mint;

— Accounts payable that are stable and up to date;

— A balance owing of $485,715 on the debt due to Investissement Quebec

(originally of $7M) which will be paid off by August 31st 2015; and

— The convertible debenture of $10M, initially due in August 2015, reduced to $9M and the maturity extended to August 2017.

Falcon’s CEO Stephen Wilkinson Speaks with ABN Newswire at PDAC 2015 in Toronto

2014-10-14 16.40.46Stephen Wilkinson, CEO of Falcon Gold CVE:FG, was interviewed by ABN Newswire at the PDAC 2015 in Toronto.

Click here to watch the video:  Stephen Wilkinson Interview with ABN Newswire

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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 will be used to advance its exploration and development work on the New York Canyon project, continued exploration activities on its Washington silver project, and general corporate purposes.

To view an updated Corporate Presentation that includes preliminary 3-D modeling and illustrated drillhole data, visit our website at:

Nancy Massicottelogo-falcon-319x150-2


PDAC 2015 in Toronto Canada

Although the attendance was down from last year’s PDAC, the quality of companies exhibiting and the attendees were of significance. Grizzly Discoveries (TSX.V-GZD) has three assets and all three were of interest to investors. Representatives from numerous mid-tier to major mining companies were inquiring about the gold/copper/silver BC properties given the politically stable jurisdiction and historical mining and mining friendly area.

I find that even though we are in a down-turned market, it is always of benefit to exhibit and/or be present at the PDAC. You just never know what will come from who you meet there.

Nancy at Grizzly Booth