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Metanor Produces 4,082 Ounces in October at Bachelor

14.11.2013  |  Marketwired

VAL-D'OR, QUEBEC--(Marketwired - Nov 14, 2013) - Metanor Resources Inc. ("Metanor") (TSX VENTURE:MTO) is pleased to provide this update on the development activities underway at its Bachelor project.

Metanor produced 4,082 ounces of gold during the month of October. The ounces produced in October came from development and stope ores at its Bachelor Project for a total of 21,223 tonnes of ore at a feed grade of 6.15 grams / tonne with a 97.3% recovery.

Metanor continues its development plan on many levels to increase the stopes available for production. For the remainder of this quarter (ending December 31st) the development continues toward the ore zones on level 10, 11, and 14 while production is continuing on levels 12 and 13.

About Metanor

Metanor is a Canadian based gold mining company with a focus on adding value per share through efficient production, exploration, and development of it properties.

Qualified Person

Pascal Hamelin, P.Eng, 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.

Cautionary Language and Forward-Looking Statements

This press release includes certain statements that may be deemed "forward-looking statements". All statements in this discussion, other than statements of historical facts, that address future exploration drilling, exploration activities, anticipated metal production, internal rate of return, estimated ore grades, commencement of production estimates and projected exploration and capital expenditures (including costs and other estimates upon which such projections are based) and events or developments that the Company expects, are forward looking statements. Although the Company believes the expectations expressed in such forward looking statements are based on reasonable assumptions, such statements are not guarantees of future performance, and actual results or developments may differ materially from those in forward-looking statements.

Neither the TSX Venture Exchange, nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release.

267,266,066 outstanding shares



Contact

Ronald Perry, Vice-President
514-262-8286
rperry@metanor.ca


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