Mr. Ronald Perry reports

METANOR INTERSECTS 22.85 G/T OVER 4.04 METERS AT BACHELOR MINE

Metanor Resources Inc. has provided an update on the exploration activities at Bachelor mine. Following the press release published May 14, 2015, the drilling continued in the west sector of the Bachelor mine between levels 6 and 8. The results are in the table.

                                      Length
Hole             From (m)  To (m)      (m)(i) Au grade (g/t)             Zone

6-117               76.73   80.05        3.33           8.00     Secteur Ouest
                                                                     (Hewfran)
6-118               69.21   76.45        7.24           8.26     Secteur Ouest
                                                                     (Hewfran)
6-119              107.24  111.97        4.73          14.46     Secteur Ouest
                                                                     (Hewfran)
6-120              112.25  113.62        1.37            NIL     Secteur Ouest
                                                                     (Hewfran)
6-121               98.60  102.69        4.09          11.78     Secteur Ouest
                                                                     (Hewfran)
6-122               90.85   93.19        2.34          13.44     Secteur Ouest
                                                                     (Hewfran)
6-123               98.58   99.80        1.22           4.71     Secteur Ouest
                                                                     (Hewfran)
6-124              104.63  105.54        0.91           4.57     Secteur Ouest
                                                                     (Hewfran)
6-125              100.21  101.83        1.62           8.18     Secteur Ouest
                                                                     (Hewfran)
6-126               89.76   94.84        5.08           8.05     Secteur Ouest
                                                                     (Hewfran)
6-127               94.21   96.95        2.74           3.72     Secteur Ouest
                                                                     (Hewfran)
6-128               86.66   90.70        4.04          22.85     Secteur Ouest
                                                                     (Hewfran)
6-129               79.73   81.76        2.03          11.94     Secteur Ouest
                                                                     (Hewfran)
6-129               90.47   93.42        2.95           3.26     Secteur Ouest
                                                                     (Hewfran)
(i) Core length

Over a period of 45 days, 2,612 metres were drilled resulting into a resource calculation between level 6 and 8 by the mine technical service team using a polygonal method as displayed in the table.

                                          Au g/t      Au g/t       Au ounces
Stope               Type      Tonnes    uncapped      capped        (capped)

8-H-10         Indicated      24,968       10.73       10.39           8,342

Samples capped at 31 g/t.

Drill density: 15 m by 15 m.

The cost to drill the 2,612 metres of diamond drilling was $169,377, which corresponds to an average cost of $20.30 per ounce identified.

A second drill is now active in the same area of the mine. The results will be published in the coming weeks once available. A total of 25,000 metres of drilling are planned in the same sector in the coming month.

The true width is between 65 and 95 per cent of the core length obtained in diamond drill holes. The cap-off grade used in the analysis is 51.5 g/t or 1.5 ounces Au. The samples were assayed by fire assay at the Metanor assay lab. The quality control program of the assay results (quality assurance/quality control) 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 NI 43-101 responsible for reviewing and approving the technical information contained in this news release.

We seek Safe Harbor.