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Update of the Bulk Sampling at the Barry Deposit

November 28th, 2007 - Val-d'Or, Quebec, Canada: Metanor Resources Inc. (MTO: TSX-V) is pleased to provide an update concerning the Bulk Sampling of 40,000 tons of material executed at the Barry deposit.

Metanor initiated bulk sampling of the Barry deposit in the northeast extremity of the stripped area where extensions of the original stripped zone exposed two sheared and mineralized volcanic rocks injected with a well developed quartz vein system and separated by a 15m wide block of waste material composed of massive andesite. In order to evaluate the nature and the quality of the deposit of Barry, it was proposed to take a bulk sampling from the first bench over a thickness of 3m along the Main Zone.

In the first sector, between the sections 12+10 E and 11+50 E, the main mineralized zone has an average thickness of 10,7m and is separated from the southern zone by a band of sterile andesite. In this sector the best gold value o btained by channel sampling is on the line 11+85 E with an intersection of 4.84 g/t Au over 29.7m.  In the second sector, between the sections 11+50 E and 9+95 E the two gold-bearing zones meet and the average thickness of the mineralized zone is increased at 26.7m. The best intersections obtained by channel sampling in this sector are: 5.58 g/t Au over 15.3m (L1155 E), 4.92 g/t Au over 23.55m (L1145 E), 4.94 g/t Au over 31.1m (L1052 E) and 5.59 g/t Au over 19.82m (L995 E). The results of the systematic sampling of the mineralized zone, carried out with a line spacing of 5m, indicate a good distribution of gold through the mineralized zone and show the continuity of the gold bearing zones. Considering the constant thickness of the main zone and constant distribution of gold contents over a distance of more than 150m, the continuation of the Bulk Sampling will be done only in mill-feed m aterial.

On the northern side of the main mineralized zone, the stripped area was extended in order to expose the extension towards the south-west of a gold-bearing zone which had been partially sampled and having returned intersections of 4.37 g/t Au over 6.4m on the line 1045 E and 10.04 g/t Au over 3.7m on the line 1015 E. A new channel sample on the line 1025 E and located between the 2 preceding ones, returned an intersection of 5.10 g/t Au over 12m, and confirms the potential of this gold-bearing zone. The results of some other channel sample taken in this sector are still pending.

An evaluation of the mineral resources close to surface by using the existing channel sampling combined with those of 2007, indicates that approximately 40,000 metric tons of material will be excavated from the first bench over a thickness of 3m and that less than 15,000 tons of sterile material will have been broken.

The mineralization of the Barry Deposit is characterized by a system of quartz-carbonate-albite veins associated with sheared zones oriented at 060^o and with a dip of 60-70^o towards south-east. Free gold is frequent and located in tension fractures within host rocks and veins. The association of the gold bearing zones with sub-verticals sheared zones rather than sub-horizontal ones leads us to modify the method of mining that deposit what will make it possible to obtain a waste:ore ratio much lower than expected compared to the original scenario. The extension of the gold-bearing zones is already open towards the north-east and the south-west and the association of the gold bearing zones with vertical sheared structures allows to consider the extension of all mineralized zones at depth and thus a significant increase in the mineral resources. This possibility was only partially tested with previous exploration work.

Approximately 13,000 tons of mill-feed materials were already crushed at the Barry site. Muck samples taken in this crushed material returned gold values between 6 g/t Au and 19 g/t Au and reaching 29.4 g/t Au and 56.2 g/t Au.  With the significant widening of the mineralized zones towards south-west, the progress of the work will be done only in the mill-feed material during the next weeks and that will allow acceleration of Bulk Sampling as well as transport of mill-feed and eventual storage at the Bachelor site.

All the samples were collected on lines perpendicular to the strike of mineralized zones dipping 60 to 70 degrees to the southeast. The width of these intersections obtained on surface represents approximately 85 to 90% of the true width of mineralized zones. All the samples were sent to ALS Chemex laboratory in Val-d'Or for analysis by fire assay (A.A.) with gravimetric finish on all the samples greater than 3 g/t Au.

The Barry property is located in the Urban-Barry belt, approximately 65 kilometres south-east of the Bachelor Lake Mine and consists of 206 claims covering 3276 hectares. The Gold Resources for the Barry deposit were re-evaluated by Syst�mes G�ostat International Inc. in compliance with NI 43-101 and are now estimated with a 2 g/t Au Cut-off  at 385,000 mt at 4.23 g/t Au (52,300 oz) of indicated resources and 966,000 mt at 4.07 g/t Au  (126,600 oz) of inferred resources (Press release of M ay 8, 2007).

Mr. Andr� 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.

For further information please contact: 

Serge Roy, President
Tel. : 819-825-8678

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