Mr. Ronald Perry reports

METANOR EXTENDS ITS "A" VEIN BY INTERSECTING 9.5 G/T OVER 10.1 METERS AT BACHELOR

Metanor Resources Inc. has provided an update on the continuing underground drilling program at its Bachelor mine.

Four diamond drills are presently operating underground with over 2,500 metres drilled per month. On March 13, the company issued the results from the drill located on level 14. In this press release, Metanor has released the results from the other three drills located on levels 5, 8 and 12. The results from the exploration drilling on level 5 confirms the extension of the A vein north of the shaft between levels 5 and 6, where the vein was identified from the drift development on these levels.

The drillings completed on levels 8 and 12 allow better definition and increase the resources in the Hewfran East and Main zones for production in the coming months.

The attached table summarizes the significant intersections obtained in the last few weeks for these sectors.

Hole No.          From (m)    To (m) Length (m) Au grade (g/t)

5A-63                81.7      84.6        2.9            4.3
5A-69                63.7      65.4        1.7            4.2
5A-70                69.2      72.5        3.4            5.0
5A-72                64.9      67.9        3.0            4.4
5A-73                67.9      78.0       10.1            9.5
5A-74                76.8      79.3        2.5            5.7
5A-75                72.0      81.3        9.4            4.1
5A-76                85.0      89.6        4.6           17.3
5A-78                92.2      99.2        7.0            8.9
8-001                56.4      60.0        3.6            7.2
8-002                57.9      60.0        2.1            5.6
8-003                63.3      65.0        1.7           16.4
8-004                72.1      75.1        3.0           13.1
8-005                64.7      66.8        2.1            9.7
8-006                63.0      65.2        2.2           10.0
8-007                76.2      78.4        2.2            4.3
8-008                59.8      60.8        1.0           11.1
12-211               28.5      36.2        7.7            8.9
12-213               29.8      34.8        5.0           16.3
                     53.4      55.4        2.0            5.4
12-215               28.5      30.0        1.5            6.4
                     51.5      54.4        2.9           11.3
12-216               50.1      54.5        4.4            8.1
12-218               33.1      35.8        2.7           11.8
12-219               28.4      32.4        4.0           12.2
12-221               23.5      26.0        2.5           16.7
12-223               28.0      29.2        1.2            4.8
12-224               19.3      21.5        2.2            5.3
12-225               28.0      28.8        0.8            5.9
12-227               15.8      18.8        3.0           15.8

Note: All lengths are true core lengths. 

The true width is between 50 per cent and 80 per cent of the core length obtained in diamond drill holes. The cut-off grade used in the analysis is 51.5 grams per tonne or 1.5 ounces gold. The samples were assayed by fire assay at the Metanor assay lab. The quality assurance/quality control program of the assay results adopted by Metanor includes a minimum of 10 per cent of controlled assays being conducted as well as verification by an independent external assay lab.

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.

We seek Safe Harbor.