June 3, 2010 - Val-d'Or, Quebec, Canada: Metanor Resources Inc. ('Metanor') (TSX-V: MTO) is very pleased to announce that it recently poured record 747 oz. and 744 oz. gold dore bars at its 100% owned Bachelor Lake Mill. The ore comes from the very promising Barry open-pit gold mine where a new NI 43-101 report by an independent firm is in process. Chairman and CEO Serge Roy, as well as Ghislain Morin, President and COO, were both unanimous in stating that these 'gold dore bars (#102 and #104) are the largest and first weekly bars over 700 oz. in the history of the company and represent a significant milestone in the company's progress over the last years, and were thankful for their employees much appreciated efforts. The increase in quantity is not only because of the mill capacity increase but also the better grade control at the Barry pit, with now three (3) work areas and the deepening of the pit to access sections of higher grade at depth. These gold bars were sold in a buoyant gold market, recently in the $1,280 Canadian dollar range'. They went on to say that 'with the current world's economy is disarray, there is no doubt that gold is looking more and more like a safe haven'.

Further, Ghislain Morin added 'We are very pleased with the performance of the mill since the beginning of its commissioning subsequent to its recent upgrade to 1,200 tons per day (tpd) capacity. The recoveries are very good and our team is doing a great job of monitoring the process of slowing increasing the capacity to its full potential.' The mill initially started operating at 450 short tpd capacities and in the last two years has had three (3) capacity upgrades. First, to 700 metric tpd, then subsequently to 800 metric tpd and recently to 1,200 metric tpd capacities. The mill is currently operating at close to 1,100 metric tpd, slowing increasing to full capacity, with a 94-95% recovery rate'.

With respect to the NI 43-101 report, the digitalization of all the interpreted structures on sections was given to Tech2mine of Val d?Or and was completed during May 2010. All the computerized data was provided to the independant firm which already began its  compilation and calculation according to the geological interpretation provided by Metanor, including selective verification of drill assay results by an independent laboratory. This resource calculation is expected to be completed by mid June 2010 and the report NI 43-101 of the resources of Barry should be given to Metanor in June 2010.

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

                                                    - 30 -

Neither the 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.

For further information please contact:
Ronald Perry, Vice President
Tel: 514-262-8286
Email: rperry@metanor.ca
2872, Sullivan, suite 2, P.O. Box 420, BDP Sullivan, Quebec J9P 0B8

	METANOR POURS RECORD 747 & 744 oz. GOLD BARS
	Size: (73 KB)
	METANOR POURS RECORD 747 & 744 oz. GOLD BARS
	Size: (168 KB)