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MRK Merc International Minerals Inc.

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Share Name Share Symbol Market Type
Merc International Minerals Inc. TSXV:MRK TSX Venture Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0 -

Merc Announces Extensive Northwest Territories Gold Property Expansion Program

04/01/2011 12:45pm

Marketwired Canada


Merc International Minerals Inc. ("Merc") (TSX VENTURE:MRK) announced today that
it has embarked on a strategic and extensive expansion program to grow its gold
exploration property portfolio in the Northwest Territories through staking and
property acquisitions. 


Merc recently initiated a large scale staking program of ground in the Northwest
Territories to enlarge its area of influence beyond its existing Damoti Lake
Gold Project. Additionally, Merc is actively pursuing synergistic acquisitions
in the area and is currently in the advanced stages of negotiations to acquire
certain mining leases and mineral claims in the Northwest Territories from a
private entity. These combined initiatives will enable Merc to undertake a
methodical and exhaustive exploration program on one of the largest and most
under-explored gold camps in Canada.


David Wiley, President and CEO of Merc commented, "Today's announcement signals
Merc reigniting an "area play" in a region that has been under-explored given
the history of significant gold discoveries, the abundance of gold showings,
historic drilling, old workings, and geology that today remains untested. Our
team of geologists have identified several exploration targets within an
approximate 20km by 45km area. With two back to back fund raisings just
completed, we are well funded by a seasoned, experienced and respected group of
successful mining investors. We are committed to executing this Northwest
Territories expansion strategy and look forward to an active 1st quarter in
calendar 2011." 


This news release may contain forward-looking statements based on assumptions
and judgments of management regarding future events or results. Such statements
are subject to a variety of risks and uncertainties which could cause actual
events or results to differ materially from those reflected in the
forward-looking statements. Merc disclaims any intention or obligation to revise
or update such statements.


1 Year Merc International Minerals Inc. Chart

1 Year Merc International Minerals Inc. Chart

1 Month Merc International Minerals Inc. Chart

1 Month Merc International Minerals Inc. Chart

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