Bacanara Minerals Ltd.: Final Drill Results for First Phase Program on Lithium Joint Venture Lands

BACANORA MINERALS LTD. (TSX VENTURE:BCN)("Bacanora" or the "Company") is pleased
to announce that it has received the analytical results from the last 6 holes of
the 10 hole, 1,476 metre drill program on the Fleur and El Sauz concessions in
northern Mexico. The two concessions form the lands under joint venture with
Rare Earth Minerals PLC ("REM") (AIM:REM). Significant lithium-bearing intervals
were intersected in all of the drill holes. The averaged values for these
intercepts are listed below (Table 1).


Over the 4 kilometre interval drilled, the average length of intercepts for the
Upper Clay Unit is 28.10 metres and for the Lower Clay Unit is 30.51 metres. The
average true thickness, based on the estimated dip of the units at 20 degrees to
the northeast, is 94% of the length of intercepts. Therefore the average true
thickness for the Upper Clay Unit is estimated to be 26.42 metres and for the
Lower Clay Unit it is estimated to be 28.68 metres. For intervals with
significant lithium values (i.e. greater than 1,000 ppm Li) the average length
of these intercepts of the Upper Clay Unit is 19.43 metres (True thickness:
18.27 metres). The average drill core sample length for the significantly Li
mineralized intervals in the Upper Clay was 1.51 metres and Li values ranged
from 41 to 6,200 ppm Li, averaging 1,386 ppm Li for individual samples. For the
Lower Clay Unit the average length of significantly Li mineralized intervals is
29.38 metres (true thickness: 27.62 metres) and Li values in individual core
samples (1.54 metres average length) range from 38 to greater than 10,000 ppm
Li, averaging 2,497 ppm Li.


Table 1. Significant Lithium (greater than or equal to1,000 ppm Li) Intercepts
(metres)




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From     To        Interval    Lithology   Li ppm LCE(i) %   Li2O %    K2O %
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Drill Hole ES-01                                                            
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115.52   143.56       28.04   Upper Clay    1,848     0.98      0.4     0.91
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156.0    179.83       23.83   Lower Clay    4,422     2.36     0.95     2.26
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Drill Hole ES-02                                                            
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190.50   197.21        6.71   Upper Clay    1,821     0.97     0.39     0.99
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201.78   235.31       33.58   Lower Clay    3,621     1.93     0.78     1.96
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Drill Hole ES-03                                                            
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158.50   201.47       43.13   Upper Clay    1,565     0.83     0.34     0.69
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210.31   239.65       29.34   Lower Clay    3,877     2.06     0.83     1.94
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Drill Hole ES-04                                                            
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96.39    132.74       36.35   Upper Clay    1,207     0.64     0.26     0.69
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140.39   171.75       31.37   Lower Clay    3,594     1.91     0.77     1.67
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Drill Hole ES-05                                                            
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47.55    54.56         7.01   Upper Clay    2,107     1.12     0.45     0.73
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59.82    92.05        32.23   Lower Clay    3,038     1.62     0.65     1.48
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Drill Hole ES-06                                                            
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39.62    45.72          6.1   Upper Clay    2,140     1.14     0.46     0.44
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52.88    75.90        23.02   Lower Clay    1,999     1.06     0.43     0.82
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Drill Hole ES-07                                                            
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6.40     31.09        24.69   Upper Clay    1,026     0.55     0.22     0.53
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35.97    61.26        25.29   Lower Clay    1,032     0.55     0.22     0.97
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Drill Hole ES-08                                                            
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32.92    43.59        10.67   Upper Clay    1,057     0.56     0.23     0.62
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50.90    74.07        23.17   Lower Clay    1,630     0.87     0.35     0.83
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Drill Hole ES-09                                                            
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24.08    27.13         3.05   Upper Clay    1,115     0.59     0.24     0.51
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51.97    81.08        29.11   Lower Clay    1,174     0.63     0.25     0.68
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Drill Hole ES-10                                                            
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3.96     27.43        23.47   Lower Clay    1,175     0.63     0.25     0.64
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(i)LCE = lithium carbonate (Li2CO3) Equivalent: determined by multiplying Li
value in percent by 5.324 to get an equivalent Li2CO3 value in percent. Use of
LCE assumes 100% recovery and no process losses in conversion of Li to Li2CO3.


Li2O = lithium oxide and is determined by multiplying Li value in percent by
2.153 to get an equivalent Li2O value in percent. 


Clay units continued to exhibit elevated values in other alkali metals,
including K, Na, Cs, and Rb, as well as alkali earth metals: Mg, Ca and Sr. 


Analysis of the drill core was performed by ALS Chemex, in Vancouver, BC, an
internationally recognized assay service provider. The Company followed industry
standard procedures for the work carried out during the drill program, with a
quality assurance/quality control (QA/QC) program. Internal standard samples
were inserted into each drill core sample sequence sent to the laboratory for
analysis. Bacanora detected no significant QA/QC issues during review of the
data.


Martin Vidal, President of Bacanora, commented, "We are very pleased with the
lithium values obtained in the remaining holes. These results continue to
demonstrate the persistence of the lithium-bearing clay units on the El Sauz and
Fleur concessions and highlight the potential for a significant lithium resource
to be developed on the joint venture lands. The results remain consistent with
those found at the adjoining La Ventana deposit. Management will now move
forward with estimation of an initial lithium resource for the area drilled on
the El Sauz - Fleur concessions. The results of the resource estimate will be
disseminated as soon as they are available."


About the Sonora Lithium Project:

The Company's interests in the El Sauz and Fleur Concessions cover 3,411
hectares out of a total of 5,786 contiguous hectares that make up the Sonora
Lithium Project. The El Sauz and Fleur Concessions are the subject of the
Company's joint venture with REM, whereby REM can earn an initial interest of
10% in the El Sauz and Fleur Concessions, with an option to earn up to a 49.9%
interest in the El Sauz and Fleur Concessions. For further details concerning
the Company's agreement with REM and details of the joint venture, please refer
to the Company's press release dated May 22, 2013.


Lithium is the lightest of the alkali metals and has unique electrochemical
properties that make it the element of choice for batteries of high energy
storage capacity and other energy applications as well as a host of other
industrial and health applications. Lithium-bearing clays also have strong
demand in the petroleum industry for high temperature - high pressure tolerant
drilling muds.


Carl G. Verley, P.Geo. is the Qualified Person pursuant to National Instrument
43-101 that has reviewed and approved the technical contents of this news
release.


Reader Advisory

Except for statements of historical fact, this news release contains certain
"forward-looking information" within the meaning of applicable securities law.
Forward-looking information is frequently characterized by words such as "plan",
"expect", "project", "intend", "believe", "anticipate", "estimate" and other
similar words, or statements that certain events or conditions "may" or "will"
occur. In particular, forward-looking information in this press release
includes, but is not limited to, the potential for a significant lithium
resource to be developed on the joint venture lands and management's intention
to prepare an initial resource estimate for the El Sauz and Fleur concessions.
Although we believe that the expectations reflected in the forward-looking
information are reasonable, there can be no assurance that such expectations
will prove to be correct. We cannot guarantee future results, performance or
achievements. Consequently, there is no representation that the actual results
achieved will be the same, in whole or in part, as those set out in the
forward-looking information.


Forward-looking information is based on the opinions and estimates of management
at the date the statements are made, and are subject to a variety of risks and
uncertainties and other factors that could cause actual events or results to
differ materially from those anticipated in the forward-looking information.
Some of the risks and other factors that could cause the results to differ
materially from those expressed in the forward-looking information include, but
are not limited to: commodity price volatility; general economic conditions in
Canada, the United States, Mexico and globally; industry conditions,
governmental regulation, including environmental regulation; unanticipated
operating events or performance; failure to obtain industry partner and other
third party consents and approvals, if and when required; the availability of
capital on acceptable terms; the need to obtain required approvals from
regulatory authorities; stock market volatility; competition for, among other
things, capital, skilled personnel and supplies; changes in tax laws; and the
other risk factors disclosed under our profile on SEDAR at www.sedar.com.
Readers are cautioned that this list of risk factors should not be construed as
exhaustive. 


The forward-looking information contained in this news release is expressly
qualified by this cautionary statement. We undertake no duty to update any of
the forward-looking information to conform such information to actual results or
to changes in our expectations except as otherwise required by applicable
securities legislation. Readers are cautioned not to place undue reliance on
forward-looking information.


Neither the TSX Venture Exchange nor its Regulation Services Provider (as that
term is defined in the policies of the TSX Venture Exchange) accepts
responsibility for the adequacy or accuracy of this release.


To view Figure 1 - El Sauz, Fleur Concessions, click the following link:
http://media3.marketwire.com/docs/bacanara.jpg.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Bacanora Minerals Ltd.
Shane Shircliff
Chief Executive Officer
[phone]
[phone] (FAX)


Bacanora Minerals Ltd.
Martin Vidal
President
([phone]
www.bacanoraminerals.com