Maudore Minerals Ltd. announced unaudited consolidated earnings results for the full year ended December 31, 2014. For the year, the company reported revenues of CAD 10,749,988 against CAD 1,570,081 a year ago. Loss from mining operations was CAD 2,640,410 against CAD 2,711,355 a year ago.

Loss from operations was CAD 16,034,476 against CAD 20,857,882 a year ago. Loss before income taxes was CAD 27,985,259 against CAD 30,198,742 a year ago. Net loss and comprehensive loss was CAD 28,599,327 or CAD 0.38 basic and diluted per share against CAD 30,288,632 or CAD 0.73 basic and diluted per share a year ago.

Net cash flows used in operating activities CAD 9,246,718 against CAD 8,757,687 a year ago. Acquisition of Aurbec Mines Inc. was CAD 135,000 against CAD 18,250,000 a year ago. Additions to property, plant &equipment were CAD 2,643,382 against CAD 17,709,746 a year ago.