SIMCOE, ONTARIO — (Marketwired) — 11/22/13 — Metalore Resources Limited (TSX: MET) –
A Nominal improvement in natural gas prices has increased gross revenue in the second quarter, ended September (2013, 2014 fiscal) to $255,554 compared to $183,234 during the corresponding quarter of the previous year. Gross Revenue for the six month period also increased to $501,344 compared to $289,674, previously.
The Company has just completed (November 2013) its first drill program (12 holes) since 2010 on its 100% owned Cedartree Lake property. Assays on over 250 core samples are expected momentarily and compilation of results should be completed by mid-December, 2013.
Metalore also advises that it will be paying its 14th consecutive annual dividend on December 16, 2013 to all Shareholders of Record November 25th. This year-s dividend of four cents per share, Canadian Funds, is being converted to U.S.D. for addressees in United States and elsewhere, as usual.
Contacts: Metalore Resources Limited George Chilian (519) 428-2464 (519) 428-2466 (FAX)
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