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Re: u2bob post# 485

Saturday, 10/31/2015 10:58:29 PM

Saturday, October 31, 2015 10:58:29 PM

Post# of 778
Bob, kind of rough but, here is most of it using Google Translate, they seem to be lacking in bolded areas...


WARNING AND FORWARD-LOOKING STATEMENTS
2
This presentation includes certain statements that may be considered "forward looking statements". All statements cited, other than statements of historical facts, that address future exploration drilling, exploration activities, anticipated metal production, internal rate of return, estimated ore content of the estimates of the beginning Production and capital expenditures and projected exploration (including costs and other estimates upon which the projections are based) and events and developments that the Company expects are considered forward-looking statements. Although the Company believes the expectations expressed in these forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those forward-looking statements.


PLAN OF PRESENTATION
• Company Summary
• Summary of the Bachelor mine
• The steps to reach a commercial production
technical -L'aspect
-L'acceptabilité Social, environmental
-Funding
-Human ressources
-Health and security
-L'exécution Project
• Next steps for Metanor Resources
•Questions
3


SUMMARY OF THE COMPANY
Stock Quote
MTO (TSX-V)
Number of shares issued
357 M
Stock price
$ 0.06
Market cap
~ $ 21 million
Average of last 52 weeks
0,10H $ - $ 0,035L
Book value (31 March 2015)
$ 54 million
Average trading volume / day - last three months
~ 800 000
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SUMMARY OF THE COMPANY
The company was founded in 1999 and incorporated in 2003.
The head office in Val-d'Or.
The leaders are all Quebecois.
The company operates the gold mine Bachelor since 2013.
The Bachelor mine is accessible by road. (4 km Desmaraisville)
It has the Barry property east of Lebel-sur-Quévillon


SUMMARY OF THE COMPANY
Capital investment of 160 million in the Nord-du-Québec
Payroll 26 million annually
95% of employees come from the Abitibi and James Bay
Local and regional purchase of nearly 20 million annually
Core development in the area
Short-term goal: To increase the life of the Bachelor mine
Medium and long-term goal: Start other projects near the Bachelor Mine
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SUMMARY OF BACHELOR MINE
The mine has been in operation since December 2013
The mine produces between 40 and 45 thousand ounces of gold per year.
240 employees work at the Bachelor mine.
The teams produce 650-700 tons per day.
The mine operates 7 days 7, 24 hours a day.
The deposit is of vein-type with a subvertical dip.
The veins are developed and operated by conventional method on rails.
The ore is extracted yards long hole method.


property
Resource category
tons
Content (gt)
Ounce (oz)
Bachelor Mine
43-101 (2005)
Measured and indicated
841591
7.79
210857
inferred
426148
6.52
89,366
RESOURCES AND RESERVES THE BACHELOR MINE
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property
Category reserve
tons
Grade (g / t)
Gold Ounces (oz)
Bachelor Mine
43-101 (2011)
proven
193093
8.33
51,743
likely
650679
7.10
148433
Total Proven & Probable
200177

BACHELOR MINE: CHRONOLOGY
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1940
2015
Product 130 341 oz
at 5.0 g / t from 1982
and 1989
production
business
achieved by
November 2013
Complete bulk sampling of 5000 tonnes in June 2012
Casting the first brick in May 2012
Mine Rebuilds
and the 2005 factory
2010
discovery
1946
acquisition by
Metanor






STEPS FOR GETTING THERE
• Technical aspects
• The social acceptability, environment
• Financing
•Human resources
•Health and safety
• Project implementation
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TECHNICAL ASPECTS
•Be realistic ;
• Have a good degree of knowledge of geology;
• Adapt mining methods and equipment in the vein;
• Have a detailed budget;
• Master and understand the stages of the project;
• Maintain our goal;
• Be flexible and responsive.
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ACCEPTABILITY, ENVIRONMENT
• Be transparent
• Initiate discussions with communities before the start
• Listen
• Begin early requests for applications for obtaining certificates
• Do a lot of follow-up with stakeholders


THE FUNDING
• Since 2003, it is:
-125 000 000 financed in shares
-20,000,000 Form of a fee
-10,000,000 Form of debenture
-7,000,000 On loan
•To succeed:
-Be realistic
-Be transparent
-Persévérant
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HUMAN RESOURCES
• Party of two employees in 2003 to 240 now
•To succeed:
-Know Have the best possible
-Be Aware of movements
-Always Have an alternative
• Have a strict policy of hiring and firing


HEALTH AND SECURITY
• Hard Being
• Always wanting to improve
• Provide and require clean workplaces
• Go get all possible support
• Lead by example
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ROJECT EXECUTION
• Although knowing the critical path
• Maintain the long-term course
• Do not hesitate to change if there are better ideas
•The result :
-Approfondissement The well (163 m)
-Rehaussement Headframe
-Change The winch
-Installation Offices and a dryer
-Construction Camp
-Reconstruire Ore processing plant
-Build The tailings park
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