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Metanor Resources Inc
Symbol MTO
Shares Issued 356,957,733
Close 2015-11-10 C$ 0.035
Market Cap C$ 12,493,521
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Metanor drills 5.6 m of 18.9 g/t Au at Bachelor

2015-11-11 10:37 ET - News Release

Mr. Ronald Perry reports

METANOR INTERSECTS 18.9 G/T AU OVER 5.6 METERS NEAR SURFACE

Metanor Resources Inc. has provided this update on its exploration drilling program, from the surface, in the area south of the Bachelor mine. A drill located on an island 50 metres north of the discovery hole (MO-15-14) intersected 18.9 grams per tonne (g/t) over 5.6 metres (hole MO-15-92). This hole MO-15-92 was drilled in the same direction and parallel of the hole MO-15-94. This island was built inside the tailing area, and the holes MO-15-94, 52, 53 and 54 were drilled from that island. These holes allowed intersecting the south vein over four to five metres. See plan and section on the company's website to see the interpretation to date of this zone near surface. This zone is open in all directions.

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

MO-15-05           437.6     450.7        13.1       0.8                    
MO-15-06           494.7     499.1         4.4       1.2                    
MO-15-14             6.4      51.8        45.4       8.0                    
MO-15-14           211.0     212.6         1.6       4.3                    
MO-15-14           460.2     461.1         0.9       3.3                    
MO-15-52            29.2      30.0         0.8      19.4                    
MO-15-53            36.9      43.9         7.0      12.0                    
MO-15-54            30.3      31.3         1.1       5.7                    
MO-15-54            43.8      45.5         1.7      23.9    
MO-15-92             6.4      12.0         5.6      18.9                    
MO-15-93             6.6      46.8        40.2       8.3                    
MO-15-94            16.5      20.9         4.4       8.4                    
MO-15-97            12.0      17.7         5.6       8.6                    

The drilling activities are continuing in this sector, located one kilometre south of the Bachelor mine. The analyses are continuing on many samples from various holes in order to determine the orientation of one or many veins in this sector, and to extend the south zone to the east and west first, and then at depth later. Two drills are presently active on this south zone. A third drill is planned when the zones are better understood. The previous results indicate that the sector can extend over a one km east-west corridor (see press release published March 12, 2015).

The true width is between 20 and 95 per cent of the core length obtained in diamond drill holes. The cap-off grade used in the analysis is 31 g/t or one ounce Au. The samples were assayed by fire assay at the Metanor assay lab. The quality control program of the assay results (QA/QC) 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.

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