| Metanor Produces 13,083 Ounces of Gold During the Quarter Ending June 30th 2014 and Expects to Produce 50,000 Ounces in the Coming Year | |
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VAL-D'OR, QUEBEC--(Marketwired - Jul 10, 2014) - Metanor Resources Inc. ("Metanor") (TSX VENTURE:MTO) is pleased to announce that it has produced 13,089 ounces of gold during the quarter ending June 30th 2014. 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. 296,557,733 outstanding shares 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. Neither the TSX Venture Exchange, nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release.
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Metanor Resources Inc.
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EXPLORATION STAGE |
CODE : MTO.V |
ISIN : CA59138Q1037 |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
Metanor is a gold and palladium exploration company based in Canada. Metanor holds various exploration projects in Canada. Its main exploration properties are NELLIGAN, OPINACA, VASSAN, WAHNAPITEI, BARRY, BACHELOR LAKE / HEWFRAN and DUBUISSON in Canada. Metanor is listed in Canada, in Germany and in United States of America. Its market capitalisation is CA$ 36.4 millions as of today (US$ 28.1 millions, € 23.9 millions). Its stock quote reached its highest recent level on December 31, 2007 at CA$ 1.37, and its lowest recent point on January 29, 2016 at CA$ 0.03. Metanor has 62 820 000 shares outstanding. |