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Metanor Produces 4,154 Ounces Au in November at Bachelor

11.12.2013  |  Marketwired

VAL-D'OR, QUEBEC--(Marketwired - Dec 11, 2013) - Métanor Resources Inc. ("Metanor") (TSX VENTURE:MTO) is pleased to provide this update on the production activities underway at its Bachelor Mine.

Metanor produced 4,154 ounces of gold during the month of November. The ounces produced in November came from development activities on levels 14, 11, and 10 and from stopes on levels 13 and 12 at its Bachelor Mine for a total of 20,313 tonnes of ore at a feed grade of 6.52 grams / tonne with a 97.5% recovery.

Metanor is presently continuing its development activities on the levels mentioned above and has started rehabilitation activities on level 8 previously developed in the 1980's. The activities on level 8 will allow access to areas to develop new ore zones, and to explore for additional ore zones.

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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