Metanor Resources MEAOD

RE:RE:Fact and fiction

[btrevorb]

Thanks for the clarification on the royalties, one should consider sandstorm "stream" as well these days.  In the early days they were projecting more accurately than the "boom" days later on, the 2007 feasibility reflects production and mill capacity more accurately than later reports.

In 2007 a feasibility study for mill rehabilitation and production start-up was conducted. Following these studies the development potential of the mine was established at 35,000oz/y to 40,000oz/y of gold for at least three years.

By December 2008 the operating capacity of the mill was increased by modifying and installing new motors. Until February 2009 the mill capacity was increased to 800t/day at minimal cost.