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Strategies & Market Trends : Ride the Tiger with CD -- Ignore unavailable to you. Want to Upgrade?

To: marcos who wrote (137865)	11/24/2008 10:37:17 PM
From: koan	Respond to of 313059

Hell, I have been run over by that train several times and like simple Jack, never learned to get out of the way-lol. ECU and MAI (both under a dollar) are old solid silver/gold stories the old timers all jump into whne gold and silver move. MTO .50 has a hell of a Canadian story if it is for real. Open pit gold mine in Canada, in production, with an estimate of over one million oz of probable reserves and inexpensive open pit mining and new find. Metanor Resources finds gold-bearing zone on Hewfran 2008-11-20 09:04 ET - News Release Shares issued 73,469,693 MTO Close 2008-11-19 C$ 0.385 Mr. Serge Roy reports METANOR RESOURCES INC.: NEW DISCOVERY-EXTENSION OF THE WEST ZONE ON THE HEWFRAN PROPERTY ADJACENT TO BACHELOR Metanor Resources Inc. has discovered a new gold-bearing zone following a stripping campaign carried out on the Hewfran property adjacent to the Bachelor property. The Hewfran property is located in the Lesueur township, Desmaraisville area (province of Quebec). It comprises 38 claims covering an area of 683 hectares, and is immediately located to the west of the Bachelor mine. The Hewfran property was explored during the 80s by two underground galleries starting from the Bachelor mine (level 6 and level 8) and had many diamond drilling holes (on the surface and underground). The geological units and the extensions of the mineralized zones of the Bachelor mine are present on this block of claims. This stripping campaign discovered the extension on surface of the West zone on the Hewfran property. The West zone was originally defined by drilling on a horizontal distance of approximately 1,000 feet and between depths of 600 and 1,050 feet below surface. This new gold-bearing zone corresponds to a broad zone of intermediate-to-mafic volcanic rocks strongly hematized, fractured and injected of quartz-carbonate-pyrite veins. The West zone was exposed over a horizontal distance of approximately 40 metres and a thickness reaching six metres. This new gold-bearing mineralized zone is roughly oriented east-west and is intersected by a second northeast-striking sheared gold-bearing mineralized zone. The two orientations of the mineralized structures of the West zone correspond to those of the A zone and the Main zone of the Bachelor mine. Grab and chip samples taken along the east-west mineralized zone returned values reaching 7.21 grams per tonne (g/t) Au and the grab and chip samples taken along the northeast-striking sheared zone returned values reaching 17.5 g/t Au. A channel sample taken at the intersection of these two sheared and mineralized structures returned a value of 2.62 g/t Au over six metres, including 5.2 g/t Au over 2.5 metres. Grab samples taken in the prolongation more to the south of the hematized sheared zone returned gold values varying between 10.3 g/t and 24.30 g/t Au. The discovery of this new gold-bearing zone on surface is very important because it warrants new exploration programs of all the area located close to surface and immediately to the west of the old Bachelor mine (approximately 1,300 feet or 400 metres away). A drilling campaign has just begun in this sector and the results of this exploration program should significantly increase the resources of this gold-bearing zone. Analyses were performed by fire assay at the Bachelor mine laboratory with verification of some samples at the Bourlamaque assay laboratory of Val d'Or, Que. Andre Tremblay, PEng, is the qualified person pursuant to National Instrument 43-101 and supervised the technical information presented in the news release.