Metanor Resources Inc. (TSX.V-MTO) has a record gold pour of 1,001 ounces last week. This pour corresponds to one week’s production at the Bachelor project.
Additionally, the production ramp-up activities continue on levels 10 to 14, where the reserves are located (based on the National Instrument 43-101 technical report dated April 26, 2011, available on SEDAR). This zone corresponds to the East zone, as described in the recent drill results published Aug. 22, 2013. Also, development and drilling activities are continuing toward the new West zone of the project on levels 12 and 13.
Metanor also announced that they have been granted an additional three-month moratorium from Ressources Quebec, before c capital repayments on the outstanding loan begin in November, 2013.