Metanor Resources Inc. (TSX-V: MTO) (US Listing: MEAOF) (Frankfurt: M3R) is identified in newly issued analysts report by Secutor Capital Management with upside market valuation. The analyst has initiated coverage with significant upside re-rating based on several factors; 1) Metanor currently executing on the Company's production target of 60,000 oz/year at its 100% owned Bachelor mine and mill in Quebec, 2) Net Asset Value (NAV) projection of readily achievable resource growth and extension of mine life scenarios at Bachelor, 3) blue sky potential at Metanor's Barry open-pit gold project, and 4) comparable analysis.

The full Analyst report may be found at http://sectornewswire.com/SCMCanalystMTOJan29-2013.pdf online.