Maudore Minerals Ltd. announced unaudited consolidated financial results for the third quarter and nine months and production results for the third quarter ended September 30, 2013. For the quarter, the company reported revenues of $296,132. Loss from operations was $584,517 against $2,062,391 for the same period a year ago. Loss before income taxes was $1,695,549 against $2,043,742 for the same period a year ago. Net loss and comprehensive loss was $1,552,120 or $0.03 per basic and diluted share against $658,924 or $0.02 per basic and diluted share for the same period a year ago.

For the nine months, the company reported revenues of $296,132. Loss from operations was $14,757,717 against $2,768,514 for the same period a year ago. Loss before income taxes was $17,513,351 against $2,694,443 for the same period a year ago. Net loss and comprehensive loss was $15,261,203 or $0.38 per basic and diluted share against $849,517 or $0.03 per basic and diluted share for the same period a year ago. Net cash used in operating activities was $6,580,099 against $1,891,337 for the same period a year ago. Additions to exploration and evaluation assets were $767,623 against $10,825,447 for the same period a year ago. Additions to property, plant and equipment were $3,657,594.

For the quarter, the company reported production of 5,215 ounces of gold of which 5,065 were sold generating $7 million of revenues that are capitalized against the development cost of Vezza.