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VAL-D'OR, QUEBEC--(Marketwired - Feb. 13, 2015) - Metanor Resources Inc. ("Metanor") (TSX VENTURE::MTO) announces that it has produced 3,425 ounces of gold during the month of January 2015.
A total of 21,413 tonnes of ore, at a feed grade of 5.18 grams / tonne, were processed during the month with a 96.1% recovery rate.
Metanor continues to advance the development toward Hewfran on levels 6 and 8. The exploration drilling on level 6 will begin during the week of February 16, 2015. The program is targeting the possible extension of the Main vein in between the Hewfran and Bachelor sectors.
About Metanor
Metanor is a Canadian based gold mining company with a focus on adding value per share through efficient production, exploration, and development of it properties.
Qualified Person
Pascal Hamelin, P.Eng, Vice-president of Operations, is the Qualified Person under NI 43-101 responsible for reviewing and approving the technical information contained in this news release.
Cautionary Language and Forward-Looking Statements
This press release includes certain statements that may be deemed "forward-looking statements". All statements in this discussion, other than statements of historical facts, that address future exploration drilling, exploration activities, anticipated metal production, internal rate of return, estimated ore grades, commencement of production estimates and projected exploration and capital expenditures (including costs and other estimates upon which such projections are based) and events or developments that the Company expects, are forward looking statements. Although the Company believes the expectations expressed in such forward looking statements are based on reasonable assumptions, such statements are not guarantees of future performance, and actual results or developments may differ materially from those in forward-looking statements.
FOR FURTHER INFORMATION PLEASE CONTACT:
Contact Information:
Ronald Perry, Vice-President
514-262-8286
rperry@metanor.ca
