Metanor Goes Underground: Targets the High Grade Ore at Bachelor Lake

VAL-D'OR, QUEBEC, Jul 30 (MARKET WIRE) --
Metanor Resources Inc. ("Metanor") (TSX VENTURE: MTO) is pleased to
announce that it has completed its new head frame and the installation of
a 10ft hoist, all on schedule and at 30 % of the budgeted costs. The
Company recently engaged Montali Inc., a mining contractor of Val d'Or to
sink the Bachelor Lake mine shaft another 210 meters to a depth of 771m.

In 2005, Metanor completed a 15,000 meter drilling campaign from the last
underground level of the Bachelor Lake mine and also drilled from the
surface between 2005 and 2009. The drilling campaign produced very good
drill results which demonstrated the development of new gold zones and
higher grade ore at depth. Certain examples of high grade ore are as
follows: 27.49 g/t over 2.78m (Press Release-May 26,2005), 22.19 g/t over
3.77m and 18.81 g/t over 4.70m(Press Release-June 8, 2005), 17.77 g/t
over 3.25m and 27.43 g/t over 1.25m(Press Release-July 13,2005) 26.50 g/t
over 2.75m and 25.12 g/t over 1.95m(Press Release-August 17, 2005) and
17.76 g/t over 3.66m, 13.08 g/t over 7.62m, 9.46 g/t over 25.7m and 9.59
g/t over 13.72m(Press Release-December 8, 2005).

Serge Roy, CEO and Ghislain Morin, President both stated that "The
Bachelor Lake Property has always been the cornerstone of our strategy,
with the potential resources it contains, which were evaluated by
InnovExplo inc., in a NI 43-101 technical report, dated of October 31,
2005 as follows: measured and indicated resources of 841,591 t at 7.79
g/t Au(or 210,857 oz of gold) and inferred resources of 426,148 t at 6.52
g/t Au (or 89,366 oz of gold)."

The Company has been intensively pursuing a drilling campaign on the
promising Barry property for many months now and SGS Geostat was recently
mandated to produce a NI 43-101 report on the property which will be
submitted to SEDAR during September 2009.

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.

105,807,582 outstanding shares

Neither TSX Venture Exchange nor its Regulation Services Provider (as
that term is defined in the policies of the TSX Venture Exchange) accepts
responsibility for the adequacy or accuracy of this release.

Contacts:
Metanor Resources Inc.
Serge Roy
President and CEO
819-825-8678
www.metanor.ca

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