Maudore Minerals Ltd. reported consolidated earnings results for the first quarter ended March 31, 2014. For the quarter, the company reported revenues of CAD 2.286 million. Net loss and comprehensive loss was CAD 4.299 million or CAD 0.09 per basic and diluted share compare with net loss of CAD 3.918 million, or CAD 0.14 per basic and diluted share a year ago. Loss from operations was CAD 3,237,935 compared to CAD 3,526,200 a year ago. Loss before income taxes was CAD 4,299,043 compared to CAD 3,985,766 a year ago. Net cash flows used in operating activities was CAD 3,071,370 compared to CAD 1,498,497 a year ago. Additions to property, plant and equipment was CAD 1,253,516 against CAD 321,619 a year ago.

For the quarter, the company's production of 1,075 ounces from the Sleeping Giant remnant areas, in total 1,302 ounces were sold with 227 produced during the three-month period ended December 31, 2013.