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: Re: Re: Re: Re: Taylor refreshes Metanor buy
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Dec 04, 2008 01:08AM
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Dec 04, 2008 04:06AM

Just crunch the numbers... they're pouring a 500-550oz bar each week. 700tpd*7*0.96*3.5g/t/31.1=529oz/week... the first production bar was 540oz.... so 3.5g/t seems about right.

Back in July they said the grade was 5.23g/t from the open pity - see below. I'm guessing the grade is not as high as expected at Barry. Probably a lot of even lower grade stuff there - thus the desire to mix it with Bachelor ore to bring the average grade up.

"Since the beginning of 2008, Métanor proceeded to the Bachelor mill a total of 53,901 metric tons of mill-feed at a grade of 5.23 g/t Au coming from the open pit of the Barry deposit. With an average recovery of 84.6%, Métanor thus recovered 7,655 ounces of gold. This represents an increase of approximately 25% of the gold content during the evaluation of the resources."

By the way, welcome drg250000 - good to see you here!

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Dec 06, 2008 06:32AM
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