Meritus Granted A One Year Extension To Exploration Licences At Gutain Davaa
Vancouver, B.C.: Meritus Minerals Ltd. (OOTC:MERMF) (TSXV:MER) (MML)(TSX-V - MER)("Meritus" or the "Company") is pleased to advise that the Geology and Mining Cadastre Division of the Mineral Resources Authority (MRA) of Mongolia has advised the Company in writing that the two Exploration Licences at Gutain Davaa have been extended for 12 months.
Exploration Licence 5575x which was due to expire on 1/4/2011 has now had its term extended until 1/4/2012.
Exploration Licence 6155x which was due to expire on 12/8/2011 has had its term extended until 12/8/2012.
These extensions are of great benefit as they will allow Meritus more time to properly define resources to support applications for mining licences. This will enable better planning of the ongoing diamond drilling program.
For the purpose of this release the qualified person is Terence E. Bates, MSc (Geol), the Company's Chief Executive Officer and President. All technical information in this release has been reviewed or compiled by Mr. Bates. Mr. Bates is a Fellow of the Australian Institute of Mining and Metallurgy, and is a qualified person as defined by NI 43-101.
Meritus Minerals Ltd (C.MER) is a mineral exploration company committed to building shareholder value through the acquisition of base and precious metal properties. For additional information, contact Richard Schnoor at 604 618-9327 (toll free 866-637-5138)
On Behalf of the Board of Directors
Meritus Minerals Ltd.
Terence E. Bates - CEO and President
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.
For further Information please visit our website at: www.meritusminerals.com