Mr. Ghislain Morin reports
METANOR PRODUCES 11,598 OUNCES DURING THE QUARTER ENDED SEPTEMBER 30TH 2014
Metanor Resources Inc. produced 11,598 ounces of gold during the quarter ended Sept. 30, 2014.
A total of 56,949 tonnes of ore at a feed grade of 6.53 grams per tonne were processed during the quarter with a 97-per-cent recovery rate.
Metanor maintains its projections for the current fiscal year at 50,000 ounces of gold.
The exploration drilling during this quarter led to the discovery of the extension of the B vein above level 10 (see the press release dated Aug. 15, 2014, for the detailed results).
Ghislain Morin, president and chief executive officer, and Serge Roy, executive chairman of the board, declared, "Production at the Bachelor mine is meeting expectations, all the while giving us new zones to mine such as the B vein above the level 10."
Qualified person
Pascal Hamelin, PEng, vice-president of operations, is the qualified person under National Instrument 43-101 responsible for reviewing and approving the technical information contained in this news release.
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