Metanor Resources Inc. “Metanor” MTO-V (TSX VENTURE) is a Canadian Gold Producer located in the mining friendly Prolific Abitibi Greenstone belt in Quebec. It's flagship, Bachelor Mine, reached commercial production on December 1, 2013 and produces 42-47,000 oz per year with a cash cost of US$ 849 and a sustaining cost of US$ 943 (2015-03-31) . Metanor also has ongoing exploration success for resource and mine life expansion.
- Building a Leading Gold Producer
- Proven Operator
- Strong Organic Growth as Well as M&A Opportunities in the Area
The Company has four properties in Quebec and one in Ontario which are located in the heart of historically prolific mining areas. The Bachelor, Barry, and Dubuisson properties contain a total of about 1.6 million ounces of gold (NI 43-101, all categories).The Bachelor Mill and Mine infrastructure is a fully functional , fully permitted and easily expandable mill.
Quebec has consistently been named by the Fraser Institute as one of the best place in the world for mineral exploration and Metanor is included in the Quebec government’s Plan Nord.