Maudore Minerals Ltd. reported consolidated earnings results for the year ended December 31, 2013. For the period, the company reported revenues of CAD 1.6 million in 2013 coming from the sale of gold at the Sleeping Giant mine and custom milling. In 2012, there were no gold sales as Maudore was an junior exploration Corporation.

Net loss and comprehensive loss was CAD 30.3 million in 2013 or CAD 0.73 per share compare with a net loss of CAD 14.7 million, or CAD 0.55 per share in 2012. Loss from operations was CAD 20,857,882 compared to CAD 20,155,615 a year ago. Loss before income taxes was CAD 30,198,742 compared to CAD 20,132,027 a year ago.

Net cash flows used in operating activities was CAD 8,757,687 compared to CAD 19,024,797 a year ago. Additions to exploration and evaluation assets was CAD 115,306 compared to CAD 111,721 a year ago. Additions to property, plant and equipment was CAD 17,709,746.