Vancouver, BC, July 2, 2013 – Mercator Minerals Ltd (TSX: ML) (“Mercator” or the “Company”) announces the resignation of Joseph Keane from the board of directors effective July 1, 2013.

“Joe was instrumental in the acquisition of the El Pilar leachable copper deposit by Mercator and has been a valuable contributor to the Company,” commented Robert Quinn, Mercator’s Chairman, “We thank Joe for his dedication and wish him all the best in his future endeavours.”

About Mercator Minerals Ltd.
Mercator Minerals Ltd., a TSX listed Canadian mining company with one of the fastest growing base metal profiles in its peer group, is a leading copper, molybdenum and silver producer with a diversified portfolio of high quality operations and projects in the USA and Mexico. Mercator provides investors exposure to current copper, molybdenum and silver production from the large tonnage long life Mineral Park Mine in Arizona, as well as mid-term exposure to copper at the El Pilar deposit in the State of Sonora in northern Mexico and longer term exposure of molybdenum and copper through the development of the El Creston deposit also in the State of Sonora in northern Mexico.

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