METANOR RESOURCES INC.
TSX VENTURE : MTO

METANOR RESOURCES INC.

April 06, 2011 09:00 ET

Metanor Obtains Environmental Permit

Able to Proceed this Fall with a 5,000 Tonne Bulk Sample at the Bachelor Lake Gold Project

VAL-D'OR, QUEBEC--(Marketwire - April 6, 2011) - Metanor Resources Inc. ("Metanor") (TSX VENTURE:MTO) is pleased to announce that it received the Certificate of Authorization from the Québec's Ministry of Sustainable Development, Environment, and Park (MDDEP) to proceed with a bulk sample of 5,000 tonnes at its Bachelor Lake Gold Project planned for this Fall 2011. 

Serge Roy, Chairman & CEO and Ghislain Morin, President & COO both stated, " Obtaining this approval at this early stage is another milestone for the Bachelor Lake Gold Project and the Company, as it ensures that the project is on schedule. With Sandstorm Gold's commitment and the recent financings which total over $30M, Metanor is well on its way to attain its objectives".

About Metanor

Metanor is a Canadian based gold mining company with a focus on adding value per share through efficient exploration, and development of it properties. Maintaining a low risk profile through a strong operating team, sound financial management, and operating in secure jurisdictions like Quebec are key priorities for Metanor's management team. 

Qualified Person

Pascal Hamelin, P. Eng, Ing, General Manager 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. Factors that could cause actual results to differ materially from those in forward-looking statements include, metal prices, exploration successes, continued availability of capital and financing, and general economic, market or business conditions. Accordingly, readers should not place undue reliance on forward-looking statements.

201,686,865 outstanding shares

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

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