Mr. Ronald Perry reports

METANOR INTERSECTS 11.9 G/T AU OVER 11.85 METERS AT BACHELOR MINE

Metanor Resources Inc. has provided an update of the exploration activities at the Bachelor mine. The drill located on level 6 has intersected 11.9 g/t of gold over 11.85 metres. The drill holes intersected the veins between levels 6 and 8. The results are in the attached table.

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

6-130            145.57     147.07        1.5           8.68          8-H-14
6-131            157.86     158.19       0.33           7.33          8-H-14
6-133             111.5      114.3        2.8           7.86          8-H-14
6-134             146.9      150.9          4           1.87          8-H-14
6-147            114.36     126.21      11.85           11.9          8-H-14
6-148            119.55      120.7       1.15            4.3   8-H-14 Zone B
                 127.47     129.62       2.15           3.98   8-H-14 Zone A
6-149             109.6     110.65       1.05            5.2          8-H-14
6-150             121.1      123.8        2.7           7.21          8-H-14
6-152            129.55      134.1       4.55            8.4          8-H-14

(i)Core length

These new results indicate the existence of two distinct veins located near each other. The A zone is dipping near 55 degrees, and the B zone is dipping near 90 degrees. The results also confirm a larger enrichment at the contact of the two veins in the 8-H-14 zone. A second drill on level 6 targeted the area above the level and the results will be published as they become available.

The true width is between 50 and 85 per cent of the core length obtained in diamond drill holes. The cap-off grade used in the analysis is 51.5 grams per tonne (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.