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 […]
Tag: Barry
Metanor Resources remains on track for the 50,000 ounce mark this year
Metanor Resources (MTO.V) has announced it produced 13,083 ounces during the second quarter of this year, and based on the earlier published production numbers for April and May, the company […]
Metanor Resources’ production in May was higher than expected
Metanor Resources (MTO.V) has announced it has produced 5,202 ounces of gold in May, which is a remarkable result and better than we anticipated. The higher production was caused by […]
Don’t look at Metanor’s income statement, but at the cash flow numbers
Metanor Resources (MTO.V) has released its financial statements for the first quarter of calendar year 2014, and these results were actually better than we expected. The main problem in the […]
Metanor Resources – A Québec Gold Producer
Metanor Resources is one of the very few juniors in Québec which are producing at an acceptable cash cost resulting in a positive operating cash flow. Based on the production […]
Metanor Resources and Confederation Minerals: time to bottom-fish?
As the gold price went down again over the past few days, some of the junior companies really got slammed. After reaching a high of C$0.27 just two weeks ago, […]
Metanor produces 4,200 ounces of gold in February and extends the main vein
Metanor Resources (MTO.V) has produced 4,234 ounces of gold (at an average head grade of 7.31g/t and a recovery rate of almost 97%) in February which once again means the […]
Metanor announces commercial production at Bachelor Lake
Metanor (MTO.V) has finally declared commercial production at its Bachelor Lake gold mine in Québec, Canada as the company was able to operate the mine for 60 consecutive days at […]