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

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From: Ted L. Nancy4/14/2009 12:33:24 PM
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Metanor drills 41.89 m of 4.38 g/t Au at Barry

2009-04-14 07:42 AT - News Release

Mr. Serge Roy reports

METANOR RESOURCES INC.: BARRY PIT STILL GROWING-NEW EXTENSIONS CONFIRMED BY DRILLING

Metanor Resources Inc.'s drilling campaign carried out on the Barry property has confirmed new extensions of the pit toward the west and at shallow depth (still open at depth) and linked the west zone (zone 45) with zone 43.

Diamond drilling carried out in the prolongation toward the west of the main zone (open pit) allowed to extend the northern branch of the main zone approximately 50 metres toward the west. Channel samples taken from sheared volcanic units exposed approximately 70 metres to the west of the western extremity of the pit returned on section 930E a wide intersection of 4.38 grams per tonne gold over 41.89 metres including a section grading 9.10 grams per tonne gold over 7.79 metres to the north and a section grading 6.33 grams per tonne gold over 17.5 metres to the south. In this sector, five diamond drill holes (MB-09-353, MB-09-364, MB-09-365 and MB-09-367) intersected wide mineralized zones which returned between 2.03 grams per tonne gold and 5.18 grams per tonne gold over interesting widths varying between 14 metres and 22.86 metres. These results confirm the continuity of the mineralized zones at shallow depth to the west of the actual open pit of Barry. A channel sample taken across a mineralized zone representing the extension of the northern branch on section 790E, or approximately 200 metres to the west of the actual pit, returned an intersection of 48.9 grams per tonne gold or 5.19 grams per tonne gold (cut to 34.28 grams per tonne) over 12.27 metres and guarantees the continuation of diamond drilling in this sector. The best gold intersections obtained to date during this drilling program are summarized in the attached table.

The true width is approximately 80 per cent to 90 per cent of the core length listed in the table.

Target Section DDH No. From (m) To (m) Length (m) Au (g/t)

Below 1020 E MB-09-349 24.1 55.0 30.9 3.12
open pit Including 24.1 32.5 8.4 4.15
and 50.5 55.0 4.5 12.98
1010 E MB-09-350 14.5 28.4 13.9 2.05

Extension 960 E MB-09-364 8.5 30.56 22.06 2.03
west of Including 8.5 14.5 6.0 2.47
main zone and 26.5 30.56 4.06 5.47
950 E MB-09-353 6.5 26.0 19.5 5.18
Including 9.5 24.5 15.0 6.51
940 E MB-09-365 13.14 36.0 22.86 4.04
Including 14.8 30.0 15.2 5.53
930 E MB-09-367 14.5 28.5 14.0 4.05
Including 16.0 23.5 7.5 6.99

West zone 800 E MB-09-270 48.0 75.0 27.0 4.86
and zone 43 Including 57.5 75.0 17.5 6.93

Two diamond drill holes (MB-09-349 and MB-09-350) have tested the extension below the actual pit and confirmed the continuity at shallow depth of the main zone mainly with a wide intersection of 3.12 grams per tonne gold over 30.9 metres in hole MB-09-349.

This drilling program has also investigated the extension of mineralized zones extending between the main zone (east pit) and the west zone. Hole MB-09-270 intersected on section 800E a wide mineralized zone which returned 4.86 grams per tonne gold over 27 metres and is interpreted as the western extension of zone 43 and the eastern extension of the west zone (zone 45). These mineralized zones are located approximately 80 metres to the south of the open pit.

Results obtained up to now continue to confirm the potential for significant additional resources in all the gold-bearing zones at Barry.

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, Que.
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