Tag: #MetanorResources

Metanor drills more high-grade gold at Hewfran

Metanor drills more high-grade gold at Hewfran

Metanor Resources (MTO.V) has released another batch of drill results from its ongoing resource drill program at the Western part of the Bachelor Lake mine. The drill bit intersected in excess of 7 meters at 8.26 g/t gold, as well as 2.34 meters at 13.44 g/t and almost 11 meters […]

Bachelor Mine

Report: Metanor Resources – Flash update

Metanor Resources (MTO.V) seemed to be on the right track last year when the production rate was relatively steady at 45-50,000 ounces of gold per year, but the output has once again decreased in the past few months. There was also some good news as Metanor has the possibility to […]

Metanor Resources continues to keep its costs under control

Metanor Resources continues to keep its costs under control

Metanor Resources (MTO.V) has announced its financial and operational results for Q1 FY 2015 (which is Q3 in calendar year 2014). The total gold production was approximately 11,600 ounces of gold which is slightly below our expectations but isn’t alarming at all. The all-in cost of C$1188/oz might sound high, […]

Metanor Resources finds high-grade gold at Barry

Metanor Resources finds high-grade gold at Barry

Metanor Resources (MTO.V) has announced it found several intercepts of high-grade gold at its Barry project in Québec, Canada. The company has completed a program consisting of 38 drill holes for a total of in excess of 12,000 meters with as main purpose to investigate no less than 153 induced […]

Metanor Resources reports exploration results

Metanor Resources reports exploration results

Metanor Resources (MTO.V) has announced an update on its underground exploration program at the Bachelor Lake mine in Québec, Canada. No less than four drill rigs are currently working underground which has resulted in more than 20,000 meters having been drilled in the past four months and the results are […]