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The cash of the Company totaled $1,737,854 as at March 31, 2016. The Company has a gold inventory of dore bars of 2,029 ounces as at March 31, 2016. T3 2016, Operating and financial results Operating and financial results (7,761) (4,687) During the quarter, a total of 60,727 tonnes of ore at a grade of 4.9 grams per tonne was processed at the mill at a recovery rate of 96.3% which resulted in a production of 9,113 ounces of gold. The mill feed rate went up during this last quarter compared to the last few quarters because the Hewfran sector began feeding the mill. A percentage still came from the A vein during this last quarter. Outlook for the coming quarters In the coming months, the production from the Hewfran sector will continue to increase.
For the original version including any supplementary images or video, visit Metanor Reports its Financial and Operational Results for the Quarter Ended March 31st, 2016 - Yahoo Finance