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Vancouver, BC, September 3, 2014 – Mercator Minerals Ltd (TSX: ML) ("Mercator" or the "Company") announces the resignation of Roman Friedrich III from the board of directors of the Company effective immediately.

Robert Quinn, Chairman of Mercator, comments, "The board would like to thank Roman for his service and wish him well in his future endeavours."

About Mercator Minerals Ltd.
Mercator Minerals Ltd., a TSX listed base metals mining company, operates the wholly-owned copper/molybdenum/silver Mineral Park Mine in Arizona, USA. Mercator also wholly-owns two development projects in Sonora, Mexico: the copper heap leach El Pilar project and the molybdenum/copper El Creston project.

For further information please visit www.mercatorminerals.com or contact:

D. Bruce McLeod, P.Eng.David Jan, CPA, CA
President & CEOHead of Investor Relations & Communications
778.330.1290778.330.1295
[email protected][email protected]

On Behalf of the Board of Directors
MERCATOR MINERALS LTD.
D. Bruce McLeod, P.Eng
President and CEO

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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.