Metanor “TSX.V-MTO” Produces a New Record of 4,312 oz Gold in August at Bachelor

Metanor produced 4,312 ounces of gold during the month of August. The ounces produced in August came from development and stope ores for a total of 21,340 tonnes of ore at a feed grade of 6.46 grams per tonne with a 97.3-per-cent recovery. The average grade went up in August due to the commencement of the mining in stope 13-0-02. The tonnage increase came from the total stopes available for mining. Moreover, Metanor is continuing its development plan on several levels to increase the stopes available for production, and eventually reach commercial production.

Metanor’s production target is 5,000 ozs of gold per month or 60,000 ozs of gold per annum.


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