Maudore Minerals Ltd. announced the addition of new gold assays to the Osbell Mineral Resource Estimate area, Greer Prospect and also reports first results from the evolving Mafic North (formerly Magnetic Gabbro) area. Osbell Gold Assays: the Osbell Deposit (also known as Comtois Deposit) is located around 15kms from Lebel-sur-Quevillon, around 150kms north of Val-d'Or in the James Bay administrative region of Quebec. The company continues to report gold assays as they arrive from 50 drill holes (25,119m) completed at Osbell since the 13 August 2012 cut-off date for the updated mineral resource estimate of the Osbell deposit: 8,463,800 Tonnes @ 2.0 g/t Au for 546,299 oz Au Indicated, 8,115,800 Tonnes @ 4.8 g/t Au for 1,258,990 oz Au Inferred.

New gold assays greater than 3.0 g/t gold obtained from the Comtois Property, Osbell Resource include:57.7 g/t gold over 0.5m (COM-12-896C), from 282.0 to 282.5m, included within 19.4 g/t gold over 1.5m from 282.0 to 283.5m, Osbell, section 1587 E; 9.0 g/t gold over 0.5m (COM-12-896C), from 344.0 to 344.5m, Osbell, section 1587 E; 8.1 g/t gold over 0.5m (COM-12-896C), from 383.0 to 383.5m, included within 5.2 g/t gold over 1.0m from 382.5 to 383.5m, Osbell, section 1587 E; 19.7 g/t gold over 1.0m (COM-12-896C), from 561.5 to 562.5m, included within 8.0 g/t gold over 2.5m from 561.5 to 564.0m, Osbell, section 1587 E; 9.7 g/t gold over 0.9m (COM-12-896C), from 741.0 to 741.9m, included within 2.5 g/t gold over 7.0m from 736.5 to 743.5m, Osbell, section 1587 E; 8.5 g/t gold over 1.5m (COM-12-885B), from 1341.5 to 1343.0m, included within 6.5 g/t gold over 2.0m from 1341.0 to 1343.0m, Osbell, section 2150 E; 22.9 g/t gold over 1.2m (COM-12-890A), from 1231.8 to 1233.0m, Osbell, section 2175 E; 16.0 g/t gold over 0.6m (COM-12-890D), from 1199.1 to 1199.7m, included within 8.9 g/t gold over 1.1m from 1199.1 to 1200.2m, Osbell, section 2175 E; 2.4 g/t gold and 1.6% Zn over 1.5m (COM-12-906A), from 901.0 to 902.5m, included within 0.1 g/t gold and 0.23% Zn over 170.8m from 866.1m to 1036.9m, Osbell, section 2278 E. These assay results show Osbell has multiple gold-bearing units in some sections, as demonstrated by five gold-bearing intersections in one drill hole (COM-12-896C). Deep drilling confirms the gold mineralizing system continues with depth. More drilling is required to locate high-grade lenses beneath the deposit.

Greer Gold Assays The Greer Gold Occurrence is located 1.9kms southwest of the Osbell Resource Area. The company reported two significant gold intercepts from drill hole COM-12-895: 38.7 g/t gold over 0.5m from 347.8 to 348.3m and 4.1 g/t gold over 0.6m from 350.0 to 350.6m, both included within 3.6 g/t gold over 7.6m from 346.5m to 354.1m, Greer section G1700E. The company will review and rank gold prospects near Osbell and follow up on targets that will add nearby ounces in the short term.

Mafic North (Magnetic Gabbro) Area: Gold assays from the top of deep drill holes, first in Magnetic Gabbro north of the Osbell deposit, and later in other mafic rocks, has resulted in a new exploration area now called Mafic North Area. The area, 250m north of the Osbell deposit, is mapped as a magnetic high, which is due to magnetite-bearing gabbroic intrusive and mafic volcanic rocks. Drilling results over 3.0 g/t gold obtained from the Comtois Property, Mafic North Area include: 5.2 g/t gold over 1.5m (COM-12-903), from 136.0 to 137.5m, included within 2.9 g/t gold over 3.0m from 136.0 to 139.0m, Section 1475E; 15.4 g/t gold over 0.5m (COM-12-903), from 404.5 to 405.0m, included within 7.9 g/t gold over 1.0m from 404.5 to 405.5m, Section 1475E; 35.9 g/t gold over 1.5m (COM-12-909), from 456.1 to 457.6m, included within 14.3 g/t gold over 3.9m from 456.1 to 460.0m, Section 1587E; The significance of discovering a new gold zone like Mafic North so close and partly within the Osbell whittle pit, is the positive impact it could have on the current Osbell Mineral Resource Estimate.