November 20, 2008 09:00 ET

Metanor Resources Inc.: New Discovery-Extension of the West Zone on the Hewfran Property Adjacent to Bachelor

VAL-D'OR, QUEBEC--(Marketwire - Nov. 20, 2008) - Metanor Resources Inc. (TSX VENTURE:MTO) is pleased to announce the discovery of a new gold bearing zone following a stripping campaign carried out on the Hewfran property adjacent to the Bachelor property.

The Hewfran property is located in the Lesueur Township, Desmaraisville area (province of Quebec). It comprises 38 claims covering an area of 683 hectares, and is immediately located to the west of the Bachelor Mine. The Hewfran property was explored during the Eighties by two underground galleries starting from the Bachelor Mine (levels 6 and 8) and had many diamond drilling holes (on the surface and underground). The geological units and the extensions of the mineralized zones of the Bachelor Mine are present on this block of claims.

This stripping campaign discovered the extension on surface of the West Zone on the Hewfran property. The West zone was originally defined by drilling on a horizontal distance of approximately 1000 feet and between depths of 600 and 1050 feet below surface. This new gold bearing zone corresponds to a broad zone of intermediate to mafic volcanic rocks strongly hematized, fractured and injected of quartz-carbonate-pyrite veins. The West Zone was exposed over a horizontal distance of approximately 40 meters and a thickness reaching 6 meters. This new gold bearing mineralized zone is roughly oriented East-West and is intersected by a second north east striking sheared gold bearing mineralized zone. The two orientations of the mineralized structures of the West Zone correspond to those of the A zone and the Main zone of the Bachelor mine. Grab and chip samples taken along the East-West mineralized zone returned values reaching 7.21 g/t Au and the grab and chip samples taken along the north east striking sheared zone returned values reaching 17.5 g/t Au. A channel sample taken at the intersection of these two sheared and mineralized structures returned a value of 2.62 g/t Au over 6.0m including 5.20 g/t Au over 2.5m. Grab samples taken in the prolongation more to the south of the hematized sheared zone returned gold values varying between 10.30 g/t and 24.30 g/t Au.

The discovery of this new gold bearing zone on surface is very important because it warrants new exploration programs of all the area located close to surface and immediately to the west of the old Bachelor mine (approximately 1300 feet or 400 meters away). A drilling campaign has just begun in this sector and the results of this exploration program should significantly increase the resources of this gold bearing zone.

Analyses were performed by fire assay at the Bachelor Mine laboratory with verification of some samples at the Bourlamaque Assay Laboratory of Val-d'Or, Quebec.

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

The TSX Venture Exchange does not accept any responsibility for the adequacy or the accuracy of the press release.

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