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: Expected output?

I believe they have stated that all of next year's production will come from the Barry deposit and they are working hard at expanding that resource. At this point, the expansion scenario looks good since they are claiming that the deposit is not flat (as Murgor thought when they bought it from them) but rather dips down which means there should be significantly more resources at depth.

Their stated goals are to use the proceeds from the Barry deposit to upgrade and expand the Bachelor deposit (underground mining) and possibly acquire other deposits in the vicinity of the mill. Take a look at their latest presentation for these opportunities.

The unknown factor at this point is the promising Nelligan deposit which is only 4 km from the mill and from which some really oustanding samples have been obtained over the years. I think the plan is to outline this deposit in much more detail and prove up some good resources.

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