• Connect with us
    • Information
      • About Us
      • Contact Us
      • Careers
      • Partnerships
      • Advertise With Us
      • Authors
      • Browse Topics
      • Events
      • Disclaimer
      • Privacy Policy
    • Australia
      North America
      World
    Login
    Investing News NetworkYour trusted source for investing success
    • North America
      Australia
      World
    • My INN
    Videos
    Companies
    Press Releases
    Private Placements
    SUBSCRIBE
    • Reports & Guides
      • Market Outlook Reports
      • Investing Guides
    • Button
    Resource
    • Precious Metals
    • Battery Metals
    • Base Metals
    • Energy
    • Critical Metals
    Tech
    Life Science
    Precious Metals Market
    Precious Metals News
    Precious Metals Stocks
    • Precious Metals Market
    • Precious Metals News
    • Precious Metals Stocks
    gold investing

    Metanor Reports Its Results for the Quarter Ended September 30, 2017

    Priscila Barrera
    Nov. 29, 2017 08:56AM PST
    Precious Metals

    Metanor Resources Inc. (“Metanor”) (TSX VENTURE:MTO) is pleased to report its financial and operating results for the quarter ended September 30th 2017. This press release should be read in conjunction with Metanor’s financial statements for such quarter and related Management’s Discussion and Analysis (MD&A); both of these documents can be found on the Company website …

    Metanor Resources Inc. (“Metanor”) (TSX VENTURE:MTO) is pleased to report its financial and operating results for the quarter ended September 30th 2017. This press release should be read in conjunction with Metanor’s financial statements for such quarter and related Management’s Discussion and Analysis (MD&A); both of these documents can be found on the Company website at www.metanor.ca or on SEDAR www.sedar.com. All amounts are in Canadian dollars unless stated otherwise.
    As quoted in the press release:

    Bachelor Property

    • Gold production of 7,293 ounces;

    • Gold sales of 7,047 ounces;

    • Gross revenues of $11.3 million from gold sales for the quarter at an average realised price of $1,610 per ounce sold (US$1,285/oz using an exchange rate of US$0.80/C$1.00);

    • Net revenues of $10,548,861 from gold sales for the quarter after sales of ounces in the stream agreement.

    • Cash Cost1 of $1,243 per ounce sold for the quarter (US$ 992/oz using an exchange rate of US$0.80/C$1.00 – the cash cost is composed of all costs related to the mineral extraction and processing including royalties associated to the property, and by-product credits.

    • 10,965 metres drilled during the quarter, confirmation of the expansion of the Main vein below level 16.

    Click here for the full text release

    metanor resourcesgold investing
    The Conversation (0)

    Go Deeper

    AI Powered
    Gold Mining Stocks Surging While Gold Surpasses $3,950 an Ounce as Mining Operations Increase

    Gold Mining Stocks Surging While Gold Surpasses $3,950 an Ounce as Mining Operations Increase

    Generation Mining Announces Feasibility Study Report Update for the Marathon Copper-Palladium Project

    Generation Mining Announces Feasibility Study Report Update for the Marathon Copper-Palladium Project

    Latest News

    Nasdaq Listing Update

    Reinstatement to Quotation

    Investor Presentation - White Dam Gold Project Acquisition

    $13.0 million Placement for White Dam Gold Operation

    400% Increase in Antimony Target Strike Length

    More News

    Outlook Reports world

    Resource
    • Precious Metals
      • Gold
      • Silver
    • Battery Metals
      • Lithium
      • Cobalt
      • Graphite
    • Energy
      • Uranium
      • Oil and Gas
    • Base Metals
      • Copper
      • Nickel
      • Zinc
    • Critical Metals
      • Rare Earths
    • Industrial Metals
    • Agriculture
    Tech
      • Artificial Intelligence
      • Cybersecurity
      • Gaming
      • Cleantech
      • Emerging Tech
    Life Science
      • Biotech
      • Cannabis
      • Psychedelics
      • Pharmaceuticals

    Featured Precious Metals Stocks

    Blue Jay Gold

    Providence Gold Mines

    PHD:CC

    Mount Hope Mining

    MHM:AU

    Walker Lane Resources

    WLR:CC

    Rua Gold

    RUA:CC

    Golconda Gold

    GG:CC
    More featured stocks

    Browse Companies

    Resource
    • Precious Metals
    • Battery Metals
    • Energy
    • Base Metals
    • Critical Metals
    Tech
    Life Science
    MARKETS
    COMMODITIES
    CURRENCIES