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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 Matagamion Jun 27, 2016 10:04am
104 Views
Post# 25000784

At a maximum of 1,100 tonnes per day =

At a maximum of 1,100 tonnes per day =1,100 tons / day X 2.07 gr / ton = 2277 gr / day
1 ounce = 31 gr
2277 gr/day / 31 gr = 73,45 onces/day
For a quarter    73,45 x 90 days = 6610 onnces
6610 ounces x 1700$/ounces = 11,237,000$ per quarter
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