OTCPK:MEAOD - Post by User
Post by
greyman1on Sep 05, 2013 9:30am
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51,000 annual rate of ounces produced
51,000 annual rate of ounces producedMetanor produced 4,312 ounces of gold during the month of August. The ounces produced in August came from development and stope ores for a total of 21,340 tonnes of ore at a feed grade of 6.46 grams / tonne with a 97.3% recovery. The average grade went up in August due to the commencement of the mining in stope 13-0-02. The tonnage increase came from the total stopes available for mining. Moreover, Metanor is continuing its development plan on several levels to increase the stopes available for production, and eventually reach commercial production.