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
Tag: discovery
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.
Falcon Gold FG.V Updates 2014 Activities and Outlines Work Programs for Nevada and Washington Properties
Falcon finalized the New York Canyon Nevada copper project agreement and completed all required payments pursuant to the transaction in August and closed the final tranche of an over-subscribed $706,000 financing. To date, 188 drill holes totaling approximately 128,000 feet have been completed on the New York Canyon copper property. Much of the historical drill… Continue reading Falcon Gold FG.V Updates 2014 Activities and Outlines Work Programs for Nevada and Washington Properties
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
Coral Announces Barrick Has Completed 2nd Hole of Drilling at Gold Ridge Property, Nevada
Barrick has now completed the second hole of the 2014 diamond core hole drill program on the Gold Ridge property located in Crescent Valley, Nevada. With the second hole now complete, the drill rig has been moved and has started on the third hole. Barrick is targeting Carlin-type mineralization in the lower plate which hosts… Continue reading Coral Announces Barrick Has Completed 2nd Hole of Drilling at Gold Ridge Property, Nevada
Falcon Gold “TSX.V-FG” Closes $384,000 Private Placement
Falcon Gold Corp. (TSXV:FG) announces that it has closed a first tranche of its previously announced non-brokered private placement, for 7,680,000 Units priced at $0.05 for total gross proceeds of $384,000. Each Unit consists of one common share and one 2 year warrant. Each warrant will be exercisable for one common share at $0.10 during… Continue reading Falcon Gold “TSX.V-FG” Closes $384,000 Private Placement
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
Grizzly “GZD” Shareholders Elect New Director and Provides Update on Memorandum of Understanding
Grizzly Discoveries Inc. (TSX-V: GZD; OTCQX: GZDIF) is pleased to announce that shareholders of the Company have elected Mr. Ray Wytinck of Manitoba as a Director of the Company at its annual general and special meeting of shareholders held on June 2, 2014. Joining re-elected incumbent Directors Messrs. Brian Testo, Doug Turnbull, Sam Pillersdorf, and… Continue reading Grizzly “GZD” Shareholders Elect New Director and Provides Update on Memorandum of Understanding
Balmoral “BAR” Confirms High-Grade Ni-Cu-PGE Mineralization Over 45.28 m on New Horizon, Grasset Property, Detour Trend, Quebec
Balmoral confirmed the discovery of high-grade nickel-copper-PGE mineralization associated with the previously highlighted (see NR14-09, April 30, 2014) net textured sulphide zone in hole GR-14-25. The net textured zone, one of four mineralized intervals in the hole, returned a near surface intercept of 1.79% nickel, 0.19% copper, 0.42 g/t platinum and 1.04 g/t palladium over… Continue reading Balmoral “BAR” Confirms High-Grade Ni-Cu-PGE Mineralization Over 45.28 m on New Horizon, Grasset Property, Detour Trend, Quebec