Mercator Minerals Ltd. (“Mercator”)

Mercator Minerals Ltd. (ML:TSX) is a diversified natural resource company engaged in the exploration, development and mining of base and precious metals deposits. The Company’s primary focus is increasing the production of copper and the resumption molybdenum and silver production at the 100% owned Mineral Park Mine located near Kingman, Arizona.

Currently producing approximately 1 million pounds of copper a month by SX/EX leach extraction at Mineral Park, the Company is constructing a 50,000 ton per day copper and molybdenum milling operation mill facility in a two-stage expansion at Mineral Park.  Average annual copper and molybdenum production over the first ten years of a 25-year mine life is expected to increase to 56.4 million pounds of copper, 10.3 million pounds of molybdenum and 600,000 ounces of silver per year.

The first stage of the expansion to a 25,000 ton per day milling operation is scheduled for completion in the second quarter of 2008 with the second stage scheduled for completion in the first quarter of 2009.

Mercator provides investors with exposure to current profitable copper production from a fully permitted, operating mine located in one of the world's most favorable, stable mining jurisdictions as well as near-term exposure at the same mine to one of the largest molybdenum/copper milling expansion projects in North America and longer term exposure to further reserve and production expansions.

NEW PHOTOS! CONSTRUCTION SPRING 2008!