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Metanor Resources MEAOD

Metanor Resources Inc is engaged in the production and sale of gold as well as acquisition, exploration, and development of mining properties. It projects include the Moroy Project and Barry project among others.


OTCPK:MEAOD - Post by User

Post by u2bobon May 09, 2016 1:25pm
119 Views
Post# 24854544

SSL MTO

SSL MTO
SSL has moved away from juniors ...maybe a good thing for MTO time will tell...

SSL recevied 1695 ounces from Bachelor this Q ...20 % ?

That must mean MTO produced 8475 ounces ...this Q ?

The last Q numbers are below...we should have produced at least 701 more ounces from this upcoming Q... we know it was sometime in March when we started getting into the better grade ore... plus there was 300 ounces that were not sold aprrox 1000 more ounces for sale this Q...now the question is what will the dollar numbers look like ...but it looks like production is at least heading in the right way !
  • Gold sales of 7,476 ounces from gold production of 7,774 ounces.
     
  • Milled 54,426 tonnes of ore at a feed grade of 4.6 g/T and a recovery of 96.7%.
     
  • Total of $10,178,629 in revenues from gold sales in Q2 at an average sale price of $1,362 per ounces sold
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