Metanor Resources Higher; Cited In 'High Potential' Index

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Metanor Resources (MTO.V) is up 3 cents at 36 cents with 1.6 million shares traded as it was cited by Ubika Research in its 'Gold 50', an index of 50 high potential junior gold exploration companies.

August 23, 2011, Metanor provided a further update on its activities at the Bachelor Lake Gold Project. It said the shaft sinking of 536 feet was completed before the end of July and on budget, including the development of the two shaft stations (Levels 13, 14). Over 90% of the equipment required to complete the 5,000 ton bulk sample is already on site, it added.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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