Mr. Ronald Perry reports

METANOR PRODUCES 13,083 OUNCES OF GOLD DURING THE QUARTER ENDING JUNE 30TH 2014 AND EXPECTS TO PRODUCE 50,000 OUNCES IN THE COMING YEAR

Metanor Resources Inc. produced 13,089 ounces of gold during the quarter ending June 30, 2014.

A total of 61,905 tonnes of ore at a feed grade of 6.78 grams per tonne was processed during the quarter with a 96.9-per-cent recovery rate.

For the fiscal year ending June 30, the Bachelor mine produced 48,847 ounces of gold compared with 23,021 ounces of gold for the previous year. This production performance exceeded the previous guidance of 45,000 ounces published April 9, 2014.

For the coming year, Metanor expects to produce 50,000 ounces of gold from its Bachelor mine. In addition, Metanor plans to carry out between 60,000 and 65,000 metres of exploration and definition drilling at Bachelor during the same period.

The exploration drilling for the coming year will target the following sectors:

• The Main vein to the west between levels 6 and 14;
• The A vein above level 6 and below level 10;
• The Hewfran zone at depth;
• The Main vein extension below level 14.

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.