OTCPK:MEAOD - Post by User
Post by
crammer11on Sep 23, 2010 5:33pm
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Post# 17485999
from company website
from company websiteMetanor" Metanor Resources Inc. MTO-V(TSX-VENTURE),MEAOF.PK(OTC) is presently pouring dore gold bars at its 100% owned Bachelor Lake Facility in Desmaraisville Quebec.
Further, the Company has begun work to be able to mine underground at Bachelor Lake, work completion is expected in 2010. At that date, Metanor expects to begin producing approximately 70,000 oz/yr, whereby the mill will be operating at 1200 tpd with 700 tons coming from Bachelor Lake and 500 tpd from the Barry open pit.
Metanor has 7 properties (6 in Quebec and 1 in Ontario) of which 4 of those properties(Bachelor Lake, Hewfran, Barry and Dubuisson) have a total of approximately 1,000,000 oz (43-101 NI Complaint)
this is why they have big investors. time will tell