VAL-D-OR, QUEBEC — (Marketwired) — 06/03/13 — Metanor Resources Inc. ("Metanor") (TSX VENTURE: MTO) announces that it has obtained a 3 month delay, until August 31 2013, before the commencement of the capital repayment on the loan from Investissement Quebec (please see for details on loan). This amendment will give Metanor the required time to increase its monthly production to have the capital repayment period coincide with the start of commercial production. Interest payments c
VAL-D-OR, QUEBEC — (Marketwired) — 05/30/13 — Metanor Resources Inc. ("Metanor") (TSX VENTURE: MTO) has completed a first tranche of $646,015, in the private placement offering of a maximum amount of $1,500,000. The offering consists of flow through common shares (the "Shares") priced at 0.10$ each. In connection with this closing, 6,460,150 Shares were issued and such Shares are subject to a four month and one day hold period. A second closing is expected to take place
VAL-D-OR, QUEBEC — (Marketwired) — 05/29/13 — Metanor Resources Inc. ("Metanor") (TSX VENTURE: MTO) is pleased to provide this update on the current drilling program at its Bachelor project.Metanor continues the underground drilling program of the "Main", "A-1" and "B" veins, from various levels of the mine. As mentioned in the April 29, 2013 press release available on Sedar, the company is in the process of determining the lateral extensions of these
VAL-D-OR, QUEBEC — (Marketwired) — 05/22/13 — Metanor Resources Inc. ("Metanor") (TSX VENTURE: MTO) is pleased to provide an update on the development activities currently underway at its Bachelor project.Metanor produced 1,977 ounces of gold during the month of April, bringing the total number of ounces produced from July 2012 to 17,451. The ounces produced in April came from development ore and also some from stopes for a total of 13,454 tonnes of ore at a combined grade of 4.72
VAL-D-OR, QUEBEC — (Marketwired) — 05/08/13 — Ressources Metanor Inc. ("Metanor") (TSX VENTURE: MTO) announces the adoption of Bylaw 3 – 2013 (the "Bylaw") by its board of directors which requires advance notice for any director nomination. The purpose of this Bylaw is to ensure that shareholder meetings are conducted in an orderly and efficient manner and that all shareholders have access to the same information pertaining to all directors nominated for election so they
VAL-D-OR, QUEBEC — (Marketwired) — 04/29/13 — Ressources Metanor Inc. ("Metanor") (TSX VENTURE: MTO) is pleased to provide an update on drilling and development activities currently underway at its flagship Bachelor project.Metanor continued underground drilling of the -Main- "A" and "B", veins from different levels of the Bachelor mine. In the press release of January 21, the company stated that it planned to verify the lateral extensions of these veins mainly
VAL-D-OR, QUEBEC — (Marketwire) — 03/06/13 — Metanor Resources Inc. ("Metanor") (TSX VENTURE: MTO) is pleased to release an update regarding the current development of its Bachelor project.Metanor produced 3017 ounces of gold in February, compared to 2 236 oz in December, bringing the total production since July to 13,128 ounces of gold. The ounces produced in February come from 18,186 tonnes grading 5,34 grams per tonne recovered at 96,7%.The average tonnage in February was 650 t
VAL-D-OR, QUEBEC — (Marketwire) — 02/27/13 — Metanor Resources Inc. (-Metanor-) (TSX VENTURE: MTO) is pleased to announce that it recently poured a new record 917 oz. gold bar at its 100% owned Bachelor Mill. The ore comes from the very promising Bachelor underground gold mine.Ghislain Morin, President and CEO stated that "This gold bar is now the largest weekly bar in the history of the company thus far, and represents a significant milestone in the company-s progress over the last
VAL-D-OR, QUEBEC — (Marketwire) — 02/19/13 — Metanor Resources Inc. (-Metanor-) (TSX VENTURE: MTO) is pleased to announce that it recently poured a 868 oz gold bar, it-s most important to date. This pour represents a weeks- worth of gold production from the Bachelor Project. Since the conversion of the Bachelor mill from the Merryl-Crowe technology to Activated Carbon technology, the ore recovery has averaged 97% since Metanor poured its first bar in May 2012.Ghislain Morin, President and C
VAL-D-OR, QUEBEC — (Marketwire) — 02/07/13 — Metanor Resources Inc. ("Metanor") (TSX VENTURE: MTO) is pleased to release an update regarding the current development of its Bachelor project.Metanor produced 2,236 oz. of gold in January, compared to 1,718 oz. in December, bringing the total production since July 2012 to 10,111 oz. of gold. The ounces produced in January come from 13,871 tonnes of ore grading 5.18 grams per tonne recovered at 96.8%. This 30% increase of ounces in one
