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Gold/Mining/Energy : Metanor Resource Inc. (MTO.V) Producing Gold Mine and Mill
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From: jimss1/4/2011 8:02:32 PM
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Metanor Resources Inc.: Bachelor Lake Gold Project's Pre-Feasibility Study Confirms Profitability With an 85% IRR

The Pre-Feasibility Study confirms a pre-tax IRR of 85% and generates over $96M of free cash flow from the underground production of 200,000 oz over an initial 3 year mine life with an average annual production targeted at 60,000 ounces of gold per year.

finance.yahoo.com
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