Bacanora Minerals Ltd.: New Alkali Metal and Alkali Earth Metal Inferred Resources Declared for El Sauz and Fleur Concessions

BACANORA MINERALS LTD. (TSX VENTURE:BCN) ("Bacanora" or the "Company") is
pleased to announce that it has received analytical results for alkali metals
and alkali earth metals from drilling conducted on the El Sauz and Fleur
concessions (the "Concessions") under joint venture with Rare Earth Minerals PLC
("REM"). The additional analytical data is being used by the Company to declare
new inferred resources for potassium, rubidium, cesium, magnesium and strontium
within the resource previously estimated for lithium.


The analytical results were obtained from pulps of core samples previously
analysed in connection with the Company's lithium (Li) drilling programs, which
were re-analysed by ALS Global, an internationally recognized and ISO accredited
laboratory, using method ME-MS81(1), in order to achieve better definition of
alkali values above detection limits of the previous analytical method that was
used in connection with Li analyses (ME-MS41(2)). 


The ranges of values across the clay units for selected elements, magnesium
(Mg), potassium (K), rubidium (Rb), strontium (Sr) and cesium (Cs) are
summarized in Table 1 below. 




Table 1. Ranges of analyses for selected alkalis on the Concessions         
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              Li ppm         K %   Rb ppm     Cs ppm        Mg %      Sr ppm
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Upper                                                                       
 Clay     41 - 6,200 0.12 - 1.75 23 - 480 34 - 1,805 0.13 - 5.21 128 - 8,380
----------------------------------------------------------------------------
Lower   38 - greater                                                        
 Clay    than 10,000 0.12 - 4.45 14 - 880 68 - 3,000 0.16 - 5.52  31 - 6,820
----------------------------------------------------------------------------



The lower clay unit shows significant enrichment in alkali metals in comparison
to the upper clay unit.


Based on the intervals used to estimate inferred lithium resources for the
Concessions (which have been declared in accordance with National Instrument
43-101 - Standards of Disclosure for Mineral Projects ("NI 43-101") (for a
discussion of such resources, please refer to the Company's news release dated
August 28, 2013)) at varying Li cutoffs, new inferred resources for selected
alkalis have been estimated for those same intervals based on the Li cut-offs.
These new inferred resources for selected alkalis are tabulated below (Table 2).
Further testing will be necessary to confirm economic feasibility of recovering
these elements as either co-products or by-products in a potential future mining
and processing operation. The Company plans to initiate further metallurgical
testing to determine if these elements are recoverable. In accordance with NI
43-101, the Company will prepare a technical report in respect of this initial
inferred resource estimate, which will be filed on SEDAR within 45 days from
today.




Table 2. Summary of New Resources for selected alkali's on the Concessions. 
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                                                    Grade                   
----------------------------------------------------------------------------
             True(1)                                                        
Cut-off    Thickness                                                        
(ppm Li)         (m)  Tonnage(2)  Li ppm    K % Rb ppm Cs ppm   Mg %  Sr ppm
----------------------------------------------------------------------------
----------------------------------------------------------------------------
Upper Clay                                                                  
----------------------------------------------------------------------------
1,000          18.30  57,700,000   1,381   0.59    157    473   1.67   1,274
----------------------------------------------------------------------------
2,000           6.80  20,060,000   2,748   1.07    267    537   2.16   1,136
----------------------------------------------------------------------------
3,000           8.10   9,846,000   3,398   1.17    301    560   2.06   1,375
----------------------------------------------------------------------------
----------------------------------------------------------------------------
Lower Clay                                                                  
----------------------------------------------------------------------------
1,000          27.60  96,103,000   2,526   1.10    263    702   1.77     983
----------------------------------------------------------------------------
2,000          14.70  68,211,000   3,278   1.34    331    807   2.22   1,007
----------------------------------------------------------------------------
3,000          24.00  44,083,000   4,030   1.65    379    886   2.18   1,092
----------------------------------------------------------------------------
----------------------------------------------------------------------------
Combined Clay Units                                                         
----------------------------------------------------------------------------
1,000          45.90 153,806,000   2,052   0.91    224    617   1.73   1,092
----------------------------------------------------------------------------
2,000          21.50  88,271,000   3,163   1.28    317    749   2.21   1,036
----------------------------------------------------------------------------
3,000          32.10  53,929,000   3,922   1.56    364    822   2.16   1,148
----------------------------------------------------------------------------
(1) True thickness is estimated to be 94% of drill intercepts.              
(2) It should be noted that figures expressed above are gross figures. The  
Concessions are the subject of a joint venture between the Company and REM, 
pursuant to which REM has an option to earn up to a 49.9% interest. To date,
REM has earned a 30% interest.                                              



Martin Vidal, President of Bacanora, commented: "We are very pleased to be able
to report the elevated values in the other alkalis on the El Sauz and Fleur
concessions as this implies further additional economic potential for the
project if recoveries of these elements can be achieved. The Company looks
forward to advancing efforts to recover additional alkali compounds along with
lithium carbonate."


About the Sonora Lithium Project:

The Sonora Lithium Project consists of the La Ventana, La Ventana 1 and the San
Gabriel concessions which are owned 100% by Bacanora along with the contiguous
El Sauz, El Sauz 1, El Sauz 2, Fleur and Fleur 1 concessions owned 70% by
Bacanora and 30% by REM. The Company has declared inferred resources on each of
the La Ventana concessions and the Bacanora / REM Joint Venture Lands, in
respect of which reports have been prepared in accordance with NI 43-101 (please
refer to the Company's SEDAR filings for copies of these reports and related
press releases). Inferred resources have been estimated for the La Ventana
Lithium Deposit totaling 60 million tonnes averaging 3,000 ppm Li (equivalent to
1.6% lithium carbonate equivalent(3) assuming 100% recovery and no process
losses). Inferred resources for the El Sauz and Fleur concessions total
88,271,000 tonnes averaging 3,163 ppm Li at a 2,000 ppm cut-off (1.68% lithium
carbonate equivalent assuming 100% recovery and no process losses). The resource
on the Bacanora/REM Joint Venture Lands is open down dip to the east and to the
south. 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.


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 alkali metal or
alkali earth metal inferred resource to be developed on the Sonora Lithium
Project the potential of liberating alkali metal or alkali earth metal from the
Sonora Lithium Project and increasing economic viability. 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.


(1) ME-MS81: analytical method consists of aqua regia digestion of a 1 gram
aliquot of prepared sample pulp. The resulting solution is analysed using a
combination of ICP-AES and ICP-MS instruments. 


(2) ME-MS41: analytical method consisting of lithium borate fusion of a 1 gram
aliquot of prepared sample pulp followed by acid digestion. The resulting
solution is analysed by ICP-MS instrumentation.


(3) LCE = lithium carbonate equivalent (Li2CO3): determined by multiplying Li
value in percent by 5.324 to get an equivalent Li2CO3 value in percent. Use of
LCE is to provide data comparable with industry standards.


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


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