Mr. Ronald Perry reports

METANOR INTERSECTS 8.6 G/T AU OVER 13.9 M AT BACHELOR MINE

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

A diamond drill, located in the ramp below level 14, intersected the main vein at depth below the current infrastructures. The drilling in the area will continue deeper as the ramp progresses.

The drill hole results are presented in the attached table.

Hole No.      From     To     Length*     Grade Au       Zone
                (m)    (m)        (m)         (g/t)

14-166        92.7   93.9        1.2           7.9   16-00-03
14-166       107.0  109.5        2.4           8.2        
14-167        96.8   99.8        3.0           8.4        
14-168                                          Tr        
14-169        93.7   96.8        3.1          10.1        
14-170        90.2  104.1       13.9           8.6        
14-171        79.6   81.4        1.8           5.2
  
* Refers to core length.

Metanor estimates that the mineralized intercepts' true thicknesses reach 55 per cent to 70 per cent of the drill cores. A capping of 31 grams per tonne was used or one gold ounce. The company uses a rigorous, industry-standard quality assurance/quality control program. The samples were assayed by fire assay at the Metanor assay lab. Blanks, duplicates and certified reference standards are inserted into the sample stream to monitor laboratory performance. 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 ALS-certified assay laboratory in Val d'Or, Que. Results of the spot checks were consistent with those reported.

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.