Mercator Minerals to Hold Fourth Quarter 2012 Financial Results Conference Call/Webcast on March 21, 2013

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Feb. 25, 2013) - Mercator Minerals Ltd (TSX:ML) ("Mercator" or the "Company") expects to release its financial results for the period ended December 31, 2012 after market hours on March 20, 2013 and will hold a conference call and a live audio webcast on March 21, 2013 at 8:30 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 1-877-240-9772
• For local calling: 416-340-8527
• For overseas calling: 800-2787-2090
• Live audio webcast of the conference call will be available at www.gowebcasting.com/4195

An archived recording of the conference call will be available for playback after the event until April 4, 2013 by dialling 1-800-408-3053 (North America), 905-694-9451 (local) and 800-3366-3052 (overseas) with conference passcode 2945338#.

About Mercator Minerals Ltd.

Mercator Minerals Ltd., a TSX listed Canadian mining company with one of the fastest growing base metal profiles in its peer group, is a leading copper, molybdenum and silver producer with a diversified portfolio of high quality operations and projects 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 copper at the El Pilar deposit in the State of Sonora in northern Mexico and longer term exposure of molybdenum and copper through the 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 Directors

MERCATOR MINERALS LTD.

D. Bruce McLeod, P.Eng, President and CEO