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Pink Sheets: Metanor Resources Inc (MEAOF) news stock charts

Metanor Resources Inc (MEAOF/MEAOF.PK) Penny Investment Summary:

Metanor Resources Inc. engages in the exploration of mineral properties in Canada. The company primarily explores for gold and base metal ores. It owns seven properties in Quebec and one property in Ontario. The company is headquartered in Val-d?Or, Canada.
www.metanor.ca

METANOR RESOURCES INC (MEAOF:Pink OTC Markets Inc)

LAST $0.50 USD
CHANGE TODAY -0.0208 -4.02%
VOLUME 8.7K
As of 8:10 PM 03/19/10 All times are local (Market data is delayed by at least 15 minutes).

Snapshot of METANOR RESOURCES INC (MEAOF)

OPEN
$0.50
PREVIOUS CLOSE
$0.52
DAY HIGH
$0.50
DAY LOW
$0.48
52 WEEK HIGH
10/5/09 - $0.83
52 WEEK LOW
07/8/09 - $0.32
MARKET CAP
--
AVERAGE VOLUME 10 D
77.3K
EPS TTM
--
SHARES OUTSTANDING
0.0
MEAOF Does Not Pay Dividends
P/E TTM
--
K = Thousands  M = Millions  B = Billions

Key developments for METANOR RESOURCES INC (MEAOF)

Metanor Resources Inc. Announces Increase in Capacity at Bachelor Mill

Metanor Resources Inc. announced that it has completed its Bachelor Lake mill expansion. Its capacity increased from 800 to 1,200 metric tonnes per day. Currently, the mill is being commissioned in accordance to established standards. The decision to increase the capacity of the mill is due in part to the continuing remarkable results of the 20,000 meter drilling campaign on the Barry property.

Metanor Resources Inc. Announces New Results of Drilling Campaign Executed on the Barry Property

Metanor Resources Inc. announced new results of the drilling campaign executed on the Barry property which continues to extend mineralized zones of the Center Zone located between Zone 43 and the West Zone. The current drilling campaign extended the Main zone on the Footwall of the deformation corridor and zone 43-Central on the Hanging wall of this corridor, and to define gold bearing mineralized lenses between these two zones (Inter Zones). Diamond drill hole MB-09-483 intersected on section 780 E a wide sheared and mineralized zone which coincides with the Main Zone and returned at a vertical depth of 70m below surface a gold intersection of 2.33 g/t Au over 39.3m including 3.42 g/t Au over 22.4m and 3.68 g/t Au over 5.0m (Main Zone). Results obtained with this diamond drilling campaign carried out mainly on the mineral-bearing zones of the Central zone located at approximately 80 meters to the south of the main zone confirm the potential to define new resources in each gold bearing zone in the deformation corridor which crosses the Barry property. Other assay results are still pending. The true width is approximately 85 to 90 % of the core length obtained in diamond drill holes. Analyses were performed by fire assay at the Bachelor Mine laboratory with verification of some samples at the ALS Assay Laboratory in Val-d'Or, Quebec.

Metanor Resources Inc. Announces New Results of the Drilling Campaign Performed on the Barry Property

Metanor Resources Inc. announced new results of the drilling campaign performed on the Barry property which continues to extend mineralized zones of the Center Zone located between Zone 43 and the West Zone. The current drilling campaign extended the Main zone on the Footwall of the deformation corridor and zone 43-Central on the Hanging wall of this corridor, and to further define gold bearing mineralized lenses between these two zones (Inter Zones). Diamond drill hole MB-09-479 carried out on the Center zone, which connects the West Zone to zone 43, returned on the section 760 E a wide sheared and mineralized zone at a vertical depth of 55-70m below surface an intersection of 3.49 g/t Au over 45.6m.including 11.16 g/t Au over 12.0m (Inter Zone) and 2.32 g/t Au over 6.0m (Main Zone).

Metanor Resources Inc financial resources

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Industry Analysis

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Price/Book 1.2x
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MEAOF

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MEAOF transactions

Type
Date
Target
Private Placement
March 5, 2010
--
Private Placement
January 8, 2010
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Private Placement
November 24, 2009
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Pink Sheets: More Recent Financial News About Metanor Resources Inc

Gold Stock Strategist Newsletter Launched by Self Directed Investor, Inc.

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