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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

Comment by mstettleron Jun 26, 2016 3:25pm
104 Views
Post# 24999633

RE:Here is URL of recent overview of the op in MTO

RE:Here is URL of recent overview of the op in MTOI don't know where these wild grade assumtions from hewfran are coming from (besides management).

This is directly from the most recent technical report (posted on MTO's website):

Underground Mineral Reserves

 

Bachelor

Hewfran

Total

Proven

Tonnes

178,359

14,734

193,093

Grade (g/t)

8.36

8.05

8.33

Ounces of gold

47,930

3,814

51,743

Probable

Tonnes

467,135

183,543

650,679

Grade (g/t)

7.23

6.76

7.10

Ounces of gold

108,538

39,895

148,433

Total Proven- Probable

Tonnes

645,494

198,278

843,772

Grade (g/t)

7.54

6.86

7.38

Ounces of gold

156,467

43,710

200,177 



Notice that hewfran is lower grade than bachelor.  So we will see what the actual average grade through the mill will be coming from hewfran.

It's good to have dreams.  
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