Metanor Resources is Quebec’s newest gold producer presently pouring gold bars at its flagship property Bachelor/Hewfran. Bachelor Lake is located 225 km northeast of Val-d’Or, Quebec. Bachelor produced 3,017 ozs of gold in February bringing the total production since July to 13,128 ozs of gold. The ounces produced in February come from 18,186 tonnes grading 5.34 g/t recovered at 96.7%.
Metanor will be ramping up to full production to a targeted 5,000 ounces per month, has low geopolitical risk with generous subsidies from the Quebec government (up to $0.35/$1.00), highly qualified management and blue sky potential with exploration on existing properties.
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