Metanor has provided this update on its underground exploration drilling program at Bachelor Mine. The drill located on level 8 in the Hewfran sector of Bachelor Mine intersected 7.5 g/t over 7.2 meters (hole 8-112). The holes listed below intersected the structure of the H-10 vein below level 8 down to level 10. Hole N° From (m)… Continue reading Metanor Resources $MTO $MEAOF Intersects 7.5 g/t Gold Over 7.2 m at Bachelor Mine
Tag: Quebec
Metanor Resources $MTO $MEAOF Publishes Results on Moroy Property Exploration
Metanor $MTO $MEAOF has been conducting two exploration programs and exploration drilling from surface on the Moroy property located near 1 km south of the Bachelor mine. A drill campaign during the summer of 2015 identified an important gold structure on the Moroy property and confirmed the value of the geophysical surveys on the mineralisation… Continue reading Metanor Resources $MTO $MEAOF Publishes Results on Moroy Property Exploration
Metanor (TSX.V-MTO) Intersects 10.1 g/t Gold Over 26.2 Meters Near Surface
Metanor Resources TSXV-MTO drills 26.2 meters of 10.1 g/t gold at Bachelor Mine near surface: MO-15-14 from 6.4 m to 32.6 m intersected 10.1 g/t gold over length of 26.2 m – visible gold at 10.2 m The drilling continues in the same hole since there are more potential targets at depth. See: www.metanor.ca for… Continue reading Metanor (TSX.V-MTO) Intersects 10.1 g/t Gold Over 26.2 Meters Near Surface
Update on Metanor Resources TSXV-MTO Drill Results
Metanor Resources has been consistently releasing drill results throughout June. Here is a briefed summary of these results (go to www.metanor.ca for complete news releases): July 2, 2015 – Metanor Intersects 6.82 g/t Gold Over 8.7m at Bachelor Mine The drill located on level 6 has intersected 6.82 grams per tonne over 8.7 metres. The… Continue reading Update on Metanor Resources TSXV-MTO Drill Results
Metanor $MTO TSX.V Adds to Last Press Release
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
PDAC 2015 in Toronto Canada
Although the attendance was down from last year’s PDAC, the quality of companies exhibiting and the attendees were of significance. Grizzly Discoveries (TSX.V-GZD) has three assets and all three were of interest to investors. Representatives from numerous mid-tier to major mining companies were inquiring about the gold/copper/silver BC properties given the politically stable jurisdiction and… Continue reading PDAC 2015 in Toronto Canada
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