Metanor adds the following details to the press release dated May 22nd, 2015 in connection with the March 31st quarterly financial results, which showed a net earning due to cash cost being reduced to $849 US per ounce: Metanor now has: — $4.4M in its bank account and 785 oz of gold stored at the… Continue reading Metanor $MTO TSX.V Adds to Last Press Release
Category: Metanor Resources Inc.
Metanor Resources Reports its Financial Results for the Quarter Ended December 31, 2014
Metanor Resources – TSX.V-MTO – has reported its financial results for the quarter ended December 31st 2014 (Q2). Metanor’s quarterly financial statements and accompanying notes and the related Management’s Discussion and Analysis (MD&A) can be found at www.metanor.ca or on SEDAR www.sedar.com. Q2 Highlights * Gold sales of 9,055 ounces; * Gold production of 8,332… Continue reading Metanor Resources Reports its Financial Results for the Quarter Ended December 31, 2014
Metanor MTO.V Produced 3,425 Ounces of Gold During the Month of January
Metanor Resources (TSX.V-MTO) produced 3,425 ounces of gold during the month of January, 2015. A total of 21,413 tonnes of ore, at a feed grade of 5.18 g/t were processed during the month with a 96.1% recovery rate.
Metanor MTO.V Reports Financials for Q4 and Year Ended June 30, 2014
Metanor Resources TSX.V-MTO released its financial results for the quarter and year ended June 30, 2014. Below are Q4 2014 Highlights: Q4 2014 Highlights * Gold sales of 12,468 ounces on gold production of 13,083 ounces. * Total of $16,523,725 in revenues from gold sales. * Net Income of $ 1,078,441 for the quarter.… Continue reading Metanor MTO.V Reports Financials for Q4 and Year Ended June 30, 2014
Metanor MTO Intersected 25.80 g/t Gold Over 5.6 m at Barry
Results from the drilling campaign carried out in 2013-2014 on the Barry property discovered several new gold zones. Metanor’s exploration campaign of 38 DD holes totaled 12,197 m on the Barry property was to investigate some of the 153 new induced polarization (IP) anomalies detected on the entire property during surveys conducted between 2009 and… Continue reading Metanor MTO Intersected 25.80 g/t Gold Over 5.6 m at Barry
Metanor CVE:MTO Reaches 50,000 oz/Au Production Threshold over a 12 Month Period
Metanor Resources (TSX.V-MTO) has produced over 50,157 ounces of gold over the last twelve month period. Ghislain Morin, CEO, stated: “This represents a significant milestone for Metanor as gold production is steadily increasing and, reaching the 50,000 oz/Au production threshold, over a 12 month period, was an important objective for Metanor.” Serge Roy, Exec. Chairman,… Continue reading Metanor CVE:MTO Reaches 50,000 oz/Au Production Threshold over a 12 Month Period
Metanor “MTO” Produced 48,847 to Year End June 30 2014
For the fiscal year ending June 30th, the Bachelor Mine produced 48,847 ounces of gold compared to 23,021 ounces of gold for the previous year. This production performance exceeded the previous guidance of 45,000 ounces published April 9th, 2014. For the coming year, Metanor Resources (TSX.V-MTO) expects to produce 50,000 ounces of gold from its… Continue reading Metanor “MTO” Produced 48,847 to Year End June 30 2014
Metanor CVE:MTO Produces 4,380 oz Gold in March
Metanor “TSX.V-MTO” produced 12,641 ounces of gold during the quarter ending March 31, 2014 and 4,380 ounces in March. A total of 20,478 tonnes of ore at a feed grade of 6.85 g/t were processed in March with a 97.1% recovery rate. For the quarter ended March 31, 2014, a total of 60,497 tonnes of… Continue reading Metanor CVE:MTO Produces 4,380 oz Gold in March
Metanor “MTO” Produces 4,028 oz Gold in January/4,234 oz Gold in February
Metanor Resources (TSX.V-MTO) produced 4,234 ounces of gold during the month of February at its Bachelor Mine. A total of 18,612 tonnes of ore at a feed grade of 7.31 g/t was processed with a 96.8% recovery rate. The Company announced production of 4,028 ounces of gold during the month of January from a total… Continue reading Metanor “MTO” Produces 4,028 oz Gold in January/4,234 oz Gold in February
Lawrence Roulston Initiates Coverage on Metanor (CVE:MTO)
Lawrence Roulston initiated coverage on Metanor Resources (CVE: MTO) on February 3rd, 2014. Quote: “The ultimate potential from the Bachelor Lake mine is much larger, as the company continues to explore that deposit, located in a highly prolific gold producing region.” Quote: “Time will tell if Metanor is to be taken over by another company,… Continue reading Lawrence Roulston Initiates Coverage on Metanor (CVE:MTO)