Metanor Resources (MTO.V) seems to be stepping up its exploration game and after having decided to complete several tens of thousands of meters of drilling at the new Moroy target which is located within walking distance from the operating Bachelor Lake gold mine, Metanor will also start a drill program at Barry.
The Barry project is located approximately 120 kilometers from the Bachelor Lake mill, and a few years ago, Metanor trucked ore from Barry to the mill to process it. It’s not a surprise Metanor wants to re-visit Barry, as the project contains approximately 780,000 ounces of gold, but it is interesting the company is doing it now and it looks like the company is trying to create more shareholder value by advancing on all three fronts (Bachelor Lake, Moroy and Barry).
Go to Metanor’s website
The author has a long position in Metanor. Metanor Resources also is a sponsor of the website.. Please read the disclaimer
