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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers

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From: stepup_keepup	5/24/2007 3:02:45 AM
	of 78427

Watershed Inflection Point Transition from Explorer to Explorer-Producer Source: sectornewswire.com Madison Avenue Equities Research Fact Sheet on Metanor Resources Inc.; Watershed Inflection Point Transition from Explorer to Explorer-Producer Metanor Resources Inc. (TSX-V: MTO) (OTCBB: MEAOF) is at a watershed inflection point in its existence as it transitions from explorer to explorer-producer. The Company is debt free and fully financed to finalize improvements on its 100% owned Bachelor Lake gold mill and is anticipated to commence producing gold bars from its 750 tpd mill by September 1, 2007. NEW YORK, NY (Sector Newswire) May 24, 2007 -- Madison Avenue Research Group equities research fact sheet report of Metanor Resources Inc. (TSX-V: MTO) (OTCBB: MEAOF) provides insight into the opportunity afforded investors while Metanor is at a watershed inflection point in its existence as it transitions from explorer to explorer-producer. The full Madison Avenue Research Group equities research fact sheet report may seen at the following URL: madisonaveresearch.com Excerpts from equities research fact sheet report: 1) "Abridged Business Summary: Metanor Resources Inc. (MTO.v) is a listed TSX Venture Exchange junior mining company, registered in Canada with their head office in Val d’Or, Quebec. Metanor is at a watershed inflection point in its existence as it transitions from explorer to explorer-producer. The Company is debt free and fully financed to finalize improvements on its 100% owned Bachelor Lake gold mill and is anticipated to commence producing gold bars from its 750 tpd mill by September 1, 2007. Initial proceeds from production will be used to expand the current resource base. Valuation of MTO.v will shift to reflect future cash flow, production and revenues from operations as management continues to execute on goals. A readily attainable goal of 60,000 oz gold per annum at a cost of less than US$325 per oz on the main Bachelor Lake deposit (US$344/oz on the Barry deposit) is realistic and will likely result in substantial upside share price movement, especially considering there are nominal shares outstanding and no need for further dilution. MTO.v has nearly a decade worth of verified gold in-ground to draw on and the geological model of the current resource base is readily expandable. Additionally Metanor plans to acquire advanced projects near the Bachelor Lake Mine and capitalize on their good fortune of being the sole mill within a 100 km radius in an area that contains in excess of 1.5M oz of gold from various entities." 2) "Metanor Resources Inc. has a HIGH PROBABILITY to multiply its market capitalization several times its current value due in part to the exceptional opportunity afforded the Company from the aforementioned Bachelor Lake gold Mill and Mine. Bachelor Lake is in the prolific Abitibi Mining District of Quebec and the Val d’Or area is considered by many industry professionals as the most mining-friendly district in North America, second only to Nevada. The Province of Quebec is judicially expedient in facilitating mining permits and provides enormous tax incentives for exploration..."

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