Metanor Resources Inc. “Metanor” MTO.V (TSX VENTURE) is a Canadian gold producer located in the mining sector of the friendly and prolific Abitibi greenstone belt in Quebec. Its flagship, Bachelor mine, reached commercial production on December 1, 2013 and produces 35,000 oz per year, with a cash cost of CND $889 and a sustaining cost of CND $ 1075 (2016-12-31). Metanor also shows 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 within the area
The Company has four properties in Quebec and one in Ontario, which are located at 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 operation.
Quebec has consistently been named by the Fraser Institute as one of the best places in the world for mineral exploration, and Metanor is included under the Quebec government’s Plan Nord.