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Press release from Marketwire

Mercator Minerals to Hold First Quarter 2012 Financial Results Conference Call/Webcast on May 11, 2012

Thursday, May 03, 2012

Mercator Minerals to Hold First Quarter 2012 Financial Results Conference Call/Webcast on May 11, 201208:00 EDT Thursday, May 03, 2012VANCOUVER, BRITISH COLUMBIA--(Marketwire - May 3, 2012) - Mercator Minerals Ltd (TSX:ML) ("Mercator" or the "Company") expects to release its financial results for the period ended March 31, 2012 after market hours on May 10, 2012 and will hold a conference call and a live audio webcast on May 11, 2012 at 10:30 a.m. Pacific time to discuss these results. Details to access the conference call and the live audio webcast are as follows:(Please call approximately 5 minutes prior to the scheduled start of the call)Toll free within North America 1-877-440-9795 For local calling: 416-340-8530 For overseas calling: 800-2787-2090 Live audio webcast of the conference call will be available at www.gowebcasting.com/3325An archived recording of the conference call will be available for playback after the event until May 25, 2012 by dialling 1-800-408-3053 (North America), 905-694-9451 (local) and 800-3366-3052 (overseas) with conference passcode 7134461#.About Mercator Minerals Ltd.Mercator Minerals Ltd., a TSX listed Canadian mining company with the potential to have one of the fastest growing base metal profiles in its peer group, is a copper, molybdenum and silver producer with a diversified portfolio of high quality assets in the USA and Mexico. Mercator provides investors exposure to current copper, molybdenum and silver production from the large tonnage long life Mineral Park Mine in Arizona, as well as mid-term exposure to potential copper production from its El Pilar deposit in the State of Sonora in northern Mexico and longer term exposure of molybdenum and copper through the potential development of the El Creston deposit also in the State of Sonora in northern Mexico. For further information please visit www.mercatorminerals.com.On Behalf of the Board of DirectorsMERCATOR MINERALS LTD.D. Bruce McLeod, P.Eng, President and CEOFOR FURTHER INFORMATION PLEASE CONTACT: Bruce McLeodMercator Minerals Ltd.President & CEO778.330.1290bmcleod@mercatorminerals.comORDavid JanMercator Minerals Ltd.Head of Investor Relations & Communications778.330.1295djan@mercatorminerals.comwww.mercatorminerals.com