Merc International Minerals Inc. ("Merc") (TSX VENTURE:MRK) is pleased to
announce that it has acquired privately held Golden Sierra Resources Inc. and
100% of Anaconda Mining Inc.'s interest in the Damoti Lake gold project in the
Northwest Territories. Dr. Michael Byron has also been appointed as Merc's
President and CEO and joined Merc's Board of Directors.


As described in a press release dated August 8, 2008 Golden Sierra Resources
Inc. ("Golden Sierra") has three wholly-owned Quebec gold projects, an extensive
geological/geochemical/geophysical database in Ecuador, South America, and
approximately $250,000 in cash. Merc paid $250,000 in cash and issued 750,000
common shares to acquire all the common shares of Golden Sierra.


The Damoti Lake gold project is located 200 km north of Yellowknife, Northwest
Territories and extends over 2,849 hectares of land in six mining leases. An
independent, National Instrument 43-101 compliant resource estimate was
completed in September 2005 for Anaconda Mining Inc. ("ANX"). Using a cut-off
grade of 8 grams gold per tonne, the measured and indicated mineral resource
estimate for the Horseshoe deposit totaled 40,600 tonnes grading 26.17 grams of
gold per tonne, with a further inferred mineral resource estimate of 17,800
tonnes grading 16.38 grams of gold per tonne. Details of the Damoti Lake gold
project were included in a Merc press release dated August 5, 2008. Merc
acquired 100% of ANX's interest in the Damoti Lake gold project subject to an
existing 2% net smelter royalty by paying $250,000 and issuing ANX 1,250,000
Merc common shares. ANX owned a 100% interest in mining lease DAM 3 that holds
the Horseshoe Zone deposit and an 80% interest in the balance of the Damoti Lake
mining leases.


Dr. Byron is a seasoned exploration professional, with a Doctorate of Science
degree (Geology) from Carleton University, and more than 22 years of domestic
and international experience including research, field work, and senior
management experience in gold, base-metal, magmatic nickel-copper-platinum group
elements, rare earth elements, diamond, and gemstone exploration. His background
in northern Ontario and proven record of building up gold resources though
exploration is ideally suited to Merc's mandate of offering shareholders
leverage to gold-silver by acquiring projects with historic resource estimates
that have the geological potential to be enhanced through both modern day
exploration and dramatically higher gold-silver prices. Dr. Byron is the
President and CEO and Director of Ginguro Exploration Inc., a junior exploration
company listed on the TSX Venture Exchange that he helped co-found and was
formerly Vice President of Exploration of Aurora Platinum Corp. and Lake Shore
Gold Corp. 


This news release may contain forward-looking statements based on assumptions
and judgments of management regarding future events or results. Such statements
are subject to a variety of risks and uncertainties which could cause actual
events or results to differ materially from those reflected in the
forward-looking statements. The Company disclaims any intention or obligation to
revise or update such statements.


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