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.

Free
Message: Re: Re: Taylor refreshes Metanor buy
2
Dec 04, 2008 01:08AM
1
Dec 04, 2008 04:06AM

Hey ozgoode,

The Jay Taylor information is old. Here is the latest.

96% recovery

700tpd

The grade fluctuates daily from 3 to 5 grams per ton of ore because of the nugget effect and varying ore grades at the Barry pit. The company has been averaging 3.5 to 4 grams per ton.

The gold recovery is outstanding now that they have fine tuned the mill processes; it is optimized and the highest I have ever seen in mining. The boys from Quebec are good at what they do.

drg250000

------------------------------------...

ozgoode wrote:

Sorry, according to the Jay Taylor story, they are actually putting through about 600 tons per day with a current mill capacity of 750 tons per day.



www.MiningMarketWatch.net/MTO.htm

Excerpts from Nov. 25, 2008 Interview:

Q. 1 Mining Journal: A new mill has a degree of uncertainty, needs to be scaled into production and there is a certain element of “proof of performance” – so now with the apparent successful transition from batch testing phase to official commercial production status having occurred, where do things stand now and what is the plan from here production wise?


Ronald Perry, VP & Treasurer Metanor: “We’re running 700 TPD, getting recoveries of ~96%. Today we poured the 30th gold bar out of the facility -- so people should realize now the production risk has been mitigated: Metanor can produce obviously – we have produced 30 gold bars since February 08, we are going well, during the 30 gold bars we took the mill from 500TPD capacity to 750 and are running at 700TPD. We are running still 24/7, we want to bring the capacity up to 1200TPD, that’s in the plans. In light of where gold prices are and what we hear in the market place I think we would like to move on that in the very near future.”

2
Dec 06, 2008 06:32AM
1
Dec 06, 2008 06:55AM

Dec 06, 2008 09:47AM

Dec 08, 2008 06:35AM

Dec 08, 2008 08:34AM

Dec 08, 2008 11:21AM
2
Dec 08, 2008 12:26PM

Dec 08, 2008 02:32PM

Dec 09, 2008 04:07AM
Share
New Message
Please login to post a reply