BACANORA MINERALS LTD. ("Bacanora" or the "Company") (TSX VENTURE:BCN) is
pleased to announce the filing of a Technical Report ("Report") in respect of
its Fleur and El Sauz concessions ("Concessions") that form part of the Sonora
Lithium Project in northern Mexico. The Report has been prepared in accordance
with National Instrument 43-101 - Standards of Disclosure for Mineral Projects
("NI 43-101") and is entitled, Initial Lithium Resource Estimate - El Sauz &
Fleur Concesions - Sonora Lithium Project.  The lead author of the Technical
Report is Carl G. Verley, P.Geo., who is a "qualified person" within the meaning
of NI 43-101 and is independent of the Company. The Report has been filed on
SEDAR and is also available for download on the Company's website.


The Report summarizes an initial lithium resource estimate of total inferred
resources in the amount of 88,271,000 tonnes bearing an average grade of 3,163
Li ppm or 1.68% Lithium Carbonate Equivalent ("LCE") for 1,486,000 tonnes of
LCE(1) for the Concessions, as initially announced by the Company in its press
release dated August 28, 2013. The two concessions form part of the lands under
joint venture with Rare Earth Minerals PLC ("REM") (AIM:REM). REM has earned a
30% interest in the Concessions (see the Company's press release dated September
9, 2013). The new inferred lithium resource estimate is tabulated below (Table
1).


The initial inferred lithium resources for the Concessions applies a cut-off of
2,000 ppm Li for the combined Upper and Lower Clay Units. The Upper Clay Unit
has an inferred Li resource estimated at 20,060,000 tonnes averaging 2,748 ppm
Li (1.46% LCE) and the Lower Clay Unit has an inferred Li resource estimated at
68,211,000 tonnes averaging 3.278 ppm (1.75% LCE). 


The recently completed drilling campaign on the Concessions tested a 4 kilometre
strike length of the lithium-bearing volcanic-sedimentary succession, which
remains open down dip and to the east as well as on strike to the south. A
relatively high-grade portion of the deposit underlies the northern 2.7
kilometres of the area tested and, at a cut-off of 3,000 ppm Li, contains
53,929,000 tonnes averaging 3,922 ppm Li (2.09% LCE). Investors are cautioned
that the resource estimate does not mean or imply that an economic lithium
deposit exists on the Concessions. Mineral resources are not mineral reserves as
they do not have demonstrated economic viability. Further testing will need to
be undertaken to confirm economic feasibility.


The inferred resources estimated on the Concessions are the southward
continuation of the La Ventana lithium deposit. The La Ventana deposit as
previously announced (news release dated January 25, 2013) contains an NI 43-101
compliant inferred resource estimated at 60 million tonnes averaging 3,000 ppm
Li (1.6% LCE) at a cut-off of 2,000 ppm Li. The combined inferred resource for
both clay units for the La Ventana lithium deposit and the extension onto the
Concessions, at a cut-off of 2,000 ppm Li, is 148,271,000 tonnes averaging 3,097
ppm Li (1.65% LCE and as listed in Table 2).


Table 1. Summary of inferred resources estimated for El Sauz & Fleur Concessions



----------------------------------------------------------------------------
                                                           Grade            
----------------------------------------------------------------------------
                          True(1)                                           
                        Thickness                                           
                              (m)   Tonnage(2)    Li ppm Li2O(3) %  LCE(4) %
----------------------------------------------------------------------------
----------------------------------------------------------------------------
Upper Clay                   6.80   20,060,000     2,748      0.59      1.46
----------------------------------------------------------------------------
Lower Clay                  14.70   68,211,000     3,278      0.71      1.75
----------------------------------------------------------------------------
Combined Clay Units         21.50   88,271,000     3,163      0.68      1.68
----------------------------------------------------------------------------
(1)  True thickness is estimated to be 94% of drill intercepts.             
(2)  Based on a 2,000 ppm Li cut-off. It should be noted that figures       
     expressed above are gross figures. The Concessions are the subject of a
     joint venture between the Company and REM, pursuant to which REM has an
     option to earn up to a 49.9% interest. To date, REM has earned a 10%   
     interest and provided notice of its intention to exercise its option to
     increase its interest in the Concessions to 30%.                       
(3)  Li2O = lithium oxide and is determined by multiplying Li value in      
     percent by 2.153 to get an equivalent Li2O value in percent.           
(4)  LCE = lithium carbonate (Li2CO3) Equivalent: determined by multiplying 
     Li value in percent by 5.324 to get an equivalent Li2CO3 value in      
     percent. Use of LCE is to provide data comparable with industry        
     standards.                                                             



Table 2. Estimated Inferred Resources for La Ventana and south extension onto
the Concessions




----------------------------------------------------------------------------
                                                         Grade              
----------------------------------------------------------------------------
                                    Tonnage     Li ppm  Li2O(2) %   LCE(3) %
----------------------------------------------------------------------------
----------------------------------------------------------------------------
La Ventana                       60,153,000      3,000       0.65       1.60
----------------------------------------------------------------------------
Concessions(1)                   88,271,000      3,163       0.68       1.68
----------------------------------------------------------------------------
----------------------------------------------------------------------------
Combined                        148,424,000      3,097       0.66       1.65
----------------------------------------------------------------------------
(1)  It should be noted that figures expressed above are gross figures. The 
     Concessions are the subject of a joint venture between the Company and 
     REM, pursuant to which REM has an option to earn up to a 49.9%         
     interest. To date, REM has earned a 10% interest and provided notice of
     its intention to exercise its option to increase its interest in the   
     Concessions to 30%.                                                    
(2)  Li2O = lithium oxide and is determined by multiplying Li value in      
     percent by 2.153 to get an equivalent Li2O value in percent.           
(3)  LCE = lithium carbonate (Li2CO3) Equivalent: determined by multiplying 
     Li value in percent by 5.324 to get an equivalent Li2CO3 value in      
     percent. Use of LCE is to provide data comparable with industry        
     standards.                                                             



About the Sonora Lithium Project:

The Sonora Lithium Project consists of the La Ventana, La Ventana 1 and the San
Gabriel concessions which are owned 100% by Bacanora along with the contiguous
El Sauz, El Sauz 1, El Sauz 2, Fleur and Fleur 1 concessions owned 70% by
Bacanora and 30% by REM. NI 43-101 compliant inferred resources have been
estimated for the La Ventana Lithium Deposit totaling 60 million tonnes
averaging 3,000 ppm Li (equivalent to 1.6% lithium carbonate assuming 100%
recovery and no process losses). The initial NI-43101 compliant inferred
resource for the El Sauz and Fleur concessions total 88,271,000 tonnes averaging
3,163 ppm Li at a 2,000 ppm cut-off (1.68% lithium carbonate equivalent assuming
100% recovery and no process losses). The resource is open down dip to the east
and to the south. For further details concerning the Company's agreement with
REM and details of the joint venture, please refer to the Company's press
release dated May 22, 2013.


Carl G. Verley, P.Geo. is the Qualified Person pursuant to NI 43-101 with
responsibility for the Report and has reviewed and approved the technical
contents of this news release.


Reader Advisory

Except for statements of historical fact, this news release contains certain
"forward-looking information" within the meaning of applicable securities law.
Forward-looking information is frequently characterized by words such as "plan",
"expect", "project", "intend", "believe", "anticipate", "estimate" and other
similar words, or statements that certain events or conditions "may" or "will"
occur. In particular, forward-looking information in this press release
includes, but is not limited to, the potential for a significant lithium
resource to be developed on the joint venture land. Although we believe that the
expectations reflected in the forward-looking information are reasonable, there
can be no assurance that such expectations will prove to be correct. We cannot
guarantee future results, performance or achievements. Consequently, there is no
representation that the actual results achieved will be the same, in whole or in
part, as those set out in the forward-looking information.


Forward-looking information is based on the opinions and estimates of management
at the date the statements are made, and are subject to a variety of risks and
uncertainties and other factors that could cause actual events or results to
differ materially from those anticipated in the forward-looking information.
Some of the risks and other factors that could cause the results to differ
materially from those expressed in the forward-looking information include, but
are not limited to: commodity price volatility; general economic conditions in
Canada, the United States, Mexico and globally; industry conditions,
governmental regulation, including environmental regulation; unanticipated
operating events or performance; failure to obtain industry partner and other
third party consents and approvals, if and when required; the availability of
capital on acceptable terms; the need to obtain required approvals from
regulatory authorities; stock market volatility; competition for, among other
things, capital, skilled personnel and supplies; changes in tax laws; and the
other risk factors disclosed under our profile on SEDAR at www.sedar.com.
Readers are cautioned that this list of risk factors should not be construed as
exhaustive. 


The forward-looking information contained in this news release is expressly
qualified by this cautionary statement. We undertake no duty to update any of
the forward-looking information to conform such information to actual results or
to changes in our expectations except as otherwise required by applicable
securities legislation. Readers are cautioned not to place undue reliance on
forward-looking information.


Neither the TSX Venture Exchange nor its Regulation Services Provider (as that
term is defined in the policies of the TSX Venture Exchange) accepts
responsibility for the adequacy or accuracy of this release.


(1) Lithium Carbonate Equivalent ("LCE ") is calculated by multiplying the Li
value, expressed in percent, by 5.324 to get LCE in percent, then multiplying
the total estimated tonnage by LCE % to get tonnes of LCE.




FOR FURTHER INFORMATION PLEASE CONTACT: 
Bacanora Minerals Ltd.
Shane Shircliff
Chief Executive Officer
(306) 649-0602


Bacanora Minerals Ltd.
Martin Vidal
President
(+52 662) 210-0767
www.bacanoraminerals.com
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