Welcome To The Metanor Resources HUB On AGORACOM

Metanor (MTO-V) is a new Canadian Gold Producer located in Quebec. It reached commercial production on December 1, 2013 and will produce 50,000 oz in calender 2014 with a present all-in cash cost of $1,018US.

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Message: Metanor's main goals 2008-2009

Interesting comments.

The $330 per ounze cost was a while ago before the most recent increase in fuel costs. It is likely close to $400 now. However, that is still very good compared with some mines which are around $800 per ounze and are close to being shut down. Perhaps the current rise in the gold price will rescue them.

Metanor is in the lucky position to have various options available to them. If costs of trucking goes too high they can focus on deposits close to the mill. I hear that the promising Nelligan deposit is only 4 km from the mill. Also, there are other known deposits not far away which could be acquired.

All of this means that Metanor should prosper even in changing economic conditions. It represents a fantastic value at current prices.

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