Merc International Minerals Inc.

Merc International Minerals Inc.

November 14, 2007 11:30 ET

Merc International Minerals Terminates Property Agreement

TORONTO, ONTARIO--(Marketwire - Nov. 14, 2007) - Merc International Minerals Inc. ("MIMI") (TSX VENTURE:MRK) announces that it had determined not to proceed with an option agreement under which it was granted an option to acquire an undivided 60% interest in 15 mining claims in the Larder Lake Mining Division in Northern Ontario comprising the Black Creek Gold Project.

Results from drilling on this gold exploration property in 2006 were inconclusive. To date MIMI had expended $59,918 on the Black Creek Gold Project and issued 20,000 common shares to the optionor.

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. The Company disclaims any intention or obligation to revise or update such statements.

The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.

Contact Information

  • Merc International Minerals Inc.
    Thomas Pladsen
    President and CEO
    (647) 287-3778
    (416) 628-5911 (FAX)