Day: December 20, 2012

Mercator Minerals Secures Debt Facility to Replace El Pilar Pre-Construction Credit Facility

Mercator Minerals Ltd., further to the Company’s September 28, 2012 press release, is pleased to announce that it has executed an agreement with RMB Australia Holdings Limited (“RMB”) for a $30 million corporate debt facility arranged by RMB Resources Inc., a resource financing division of the FirstRand Group of South Africa. The Company has drawn down $27.3 million of the Facility. The remainder of the Facility will be available to Mercator once certain security is registered in Mexico.

Yale Summarizes 2012

Yale Resources Ltd. is pleased to provide a summary of its activities in 2012 and give an overview of its plans for 2013.

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Maza Drilling is a Mexican company established in 2007 in Mazatlán, Sinaloa. Our Canadian founder, Mr. Guy de Launiere, has over 20 years of international experience managing diverse drilling operations. Maza Drilling strives to compete at the highest levels in terms of recovery, effectiveness, efficiency, and affordability at every project while keeping at the forefront of technology to meet our customer’s needs in this demanding market.