BNR

Brionor Resources Inc. ("Brionor" or the "Company") (TSX VENTURE:BNR) announces
that it has entered into an amended and restated asset purchase agreement ( the
"Agreement") relating to the previously announced sale (the "Transaction") of
twenty-four contiguous mineral claims (known as the "Pitt Gold Project") to Xmet
Inc. ("Xmet" ) (TSX VENTURE:XME) (see press release of the Company dated May 16,
2012 for more information on the Transaction). As previously mentioned, the Pitt
Gold Project is immediately adjacent to Xmet's flagship Duquesne-Ottoman Project
in Quebec, and allows for the consolidation of significant NI 43-101 compliant
resource ounces within the highly prospective Duparquet mining camp that lies
within the historically prolific Porcupine Destor Break, in the Abitibi
Greenstone Belt. 


In exchange for 100% ownership of the Pitt Gold Project, Xmet will issue,
subject to certain adjustments under the Agreement, 20,626,960 of its common
shares to Brionor. Completion of the Transaction is subject to a number of
conditions, including but not limited to, the exercise of Xmet's option to
purchase a 75% interest in Duquesne-Ottoman Project (see press release of Xmet
dated March 5, 2012), the acquisition from Cliffton Star Inc. of its 100%
interest in a series of mineral claims know as the Duquesne Mine (see press
release of Xmet dated September 20, 2012) and both parties obtaining all
necessary corporate approvals, as well as the acceptance of the TSX Venture
Exchange. Under the Agreement, the parties have agreed to extend the closing
date of the Transaction to December 17, 2012.


Brionor is a junior mining exploration company with a portfolio of exploration
projects in Quebec.


Some statements in this release may contain forward-looking information. All
statements, other than of historical fact, that address activities, events or
developments that the Company believes, expects or anticipates will or may occur
in the future (including, without limitation, statements regarding potential
mineralization) are forward-looking statements. Forward-looking statements are
generally identifiable by use of the words "may", "will", "should", "continue",
"expect", "anticipate", "estimate", "believe", "intend", "plan" or "project" or
the negative of these words or other variations on these words or comparable
terminology. Forward-looking statements are subject to a number of risks and
uncertainties, many of which are beyond the Company's ability to control or
predict, that may cause the actual results of the Company to differ materially
from those discussed in the forward-looking statements. Factors that could cause
actual results or events to differ materially from current expectations include,
among other things, without limitation, failure by the parties to complete the
Transaction, failure to establish estimated mineral resources, the possibility
that future exploration results will not be consistent with the Company's
expectations, changes in world gold markets or markets for other commodities,
and other risks disclosed in the Company's public disclosure record on file with
the relevant securities regulatory authorities. Any forward-looking statement
speaks only as of the date on which it is made and except as may be required by
applicable securities laws, the Company disclaims any intent or obligation to
update any forward-looking statement

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