Metanor Anticipates Operating Cash Flow Positive During February

VAL-D'OR, QUEBEC--(Marketwire - Jan. 14, 2013) - Metanor Resources Inc. ("Metanor") (TSX VENTURE:MTO) is pleased to release an update regarding the current development of its Bachelor project.

As a result of hiring new highly experienced underground miners from a recent mine closure in the Abitibi area, Metanor can now proceed to a step-up function in its ramp up schedule. It is estimated that the Company can accelerate its development by about 3 months thereby recovering some delays that had occurred due to permitting and qualified labor shortages. The Company anticipates operating cash flow positive to occur during the month of February 2013.

Ghislain Morin, President & CEO stated, "We are very pleased with the hard work and dedication of our project team in bringing the Bachelor Project into fruition, it has been a long journey but our future of is about to shine. We appreciate the support of our financial partners, suppliers, shareholders and of course, all of our valued employees."

Metanor produced 1,718 ounces of gold in December bringing the total production since the end of July to 7,876 ounces of gold. The ounces produced in December came from working stopes and development ore. The ounces came from 8,534 tons of ore grading 6.47 g/t and the mill is consistently operating at 96-97% recoveries.

About Metanor

Metanor is a Canadian based gold mining company with a focus on adding value per share through efficient production, exploration, and development of it properties. Maintaining a low risk profile through a strong operating team, sound financial management, and operating in secure jurisdictions like Quebec are key priorities for Metanor's management team.

237,650,916 outstanding shares