METANOR RESOURCES INC.
TSX VENTURE : MTO
TSX VENTURE : MTO.WT

METANOR RESOURCES INC.

March 03, 2010 08:30 ET

Metanor Drills 2.71 g/t Au Over 18.85m and 5.55 g/t Au Over 12m on the Main Zone at Barry

VAL-D'OR, QUEBEC--(Marketwire - March 3, 2010) - Metanor Resources Inc. (TSX VENTURE:MTO) is pleased to announce new results of the drilling campaign executed on the Barry property. This drilling program included 168 holes totalling approximately 20,000m and allowed to extend laterally and at depth, the Main zone on the northern side (Footwall) of the deformation corridor, the zone 43 and the Center zone on the southern part (Hanging wall) of this corridor, as well as the mineralized lenses (Inter) located between these two gold bearing zones.

Diamond drill hole MB-09-501 intersected on section 930 E a broad mineralized and sheared zone coinciding with the extension at depth of the Main zone and which returned at an approximate vertical depth of 75m an intersection of 2.71 g/t Au over 18.85m, including 3.88 g/t Au over 9.0m. Diamond drill hole MB-09-433 intersected the Main zone on section 755 E or approximately 150m to the west of the east pit extremity and which returned 5.55 g/t Au over 12.0m at a vertical depth of 35m.

Section Ddh's Zone Elevation From (m) To (m) Width (m) Au (g/t)
755 E MB-09-433 Inter -6m 8.0 10.0 2.0 1.75
    Main -35m 45.0 57.0 12.0 5.55
780 E MB-09-484 Center -32m 38.4 43.5 5.1 2.87
    Center 2 -60m 76.5 84.0 7.5 2.89
    Inter -90m 120.0 129.0 9.0 1.86
    Main -110m 137.0 139.9 2.9 3.16
800E MB-09-480 Inter1 -90m 109.5 112.5 3.0 2.62
    Inter2 -97m 117.0 121.0 4.0 2.50
    Main -110m 139.5 151.5 12.0 3.53
810E MB-09-478 Inter -90m 122.85 129.35 6.5 3.16
  Et Main -110m 149.84 151.5 1.66 2.82
830E MB-09-475 South -20m 24.0 28.55 4.55 2.49
    Center -53m 71.4 75.0 3.6 3.29
    Inter -60m 79.5 82.5 3.0 2.11
840E MB-09-469 Center -45m 60.5 64.77 4.27 1.06
    Inter -60m 81.5 84.95 3.45 1.07
    Main -85m 117.5 122.0 4.5 3.46
850E MB-09-474 Center -100m 133.5 136.35 2.85 3.95
    Inter -120m 159.0 165.0 6.0 3.06
    Main -135m 183.6 187.5 3.9 2.65
855E MB-09-439 Center -22m 31.5 37.5 6.0 2.51
    Inter -36m 55.5 58.4 2.9 3.84
    Main -77m 103.5 111.0 7.5 3.44
860E MB-09-441 Center -35m 46.5 55.5 9.0 3.50
    Main -88m 120.85 126.0 5.15 3.72
860E MB-09-473 Center -22m 30.0 32.65 2.65 2.87
  Et Main -75m 103.5 106.75 3.25 4.21
890E MB-09-458 Main -25m 31.5 34.5 3.0 3.05
    Main -30m 37.9 40.65 2.75 2.29
    North -65m 84.0 88.5 4.5 8.01
900E MB-09-495 Inter 0m 0.1 3.0 2.9 6.29
    Main -30m 34.5 37.5 3.0 1.56
    Main -50m 53.0 55.5 2.5 2.99
    Main -55m 60.0 64.5 4.5 2.06
    North -110m 117.8 120.0 2.2 5.06
930E MB-09-501 Center -25m 33.0 40.5 7.5 2.53
    Inter -60m 76.5 80.1 3.6 6.18
    Main -75m 90.0 108.85 18.85 2.71
970E MB-09-454 Main -15m 19.95 23.0 3.05 1.83
    North -45m 54.5 62.0 7.5 4.26

Results obtained with this diamond drilling campaign carried out mainly on mineralized zones of the Central zone located at approximately 80 meters to the south of the Main zone, confirm the potential to define new resources in each gold zone in the deformation corridor which crosses the Barry property. Other assay results are still pending.

The true width is approximately 85 to 90 % of the core length obtained in diamond drill holes. Analyses were performed by fire assay at the Bachelor Mine laboratory with verification of several samples at the ALS Assay Laboratory of Val-d'Or, Quebec.

Mr. André Tremblay, P Eng. is the qualified person pursuant to National Instrument 43-101 and supervised the technical information presented in the news release.

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