Mindoro Resources Ltd.: Update on Philippine Projects

Mindoro Resources Ltd. (TSX VENTURE:MIO)(FRANKFURT:WKN 906167) is pleased to provide an update on activities from its projects in the Philippines. The NI 43-101 report for the Kay Tanda epithermal gold-silver prospect is well advanced and preliminary mine planning is in progress. At the Agata North Nickel Laterite Project, work on the 43-101 report has resumed, preliminary design of the road and starter pit have been completed, and the Environmental Impact Statement has been filed. Drilling funded by Delta Earthmoving Inc. has commenced on the Agata South Nickel Laterite Project. Advanced drill target definition work has commenced on multiple porphyry copper-gold targets at the El Paso and Archangel projects. Discussions with potential joint venture partners for some of the company’s over 20 porphyry copper-gold projects are continuing.

Read More

Leave a Reply

Please note that your comments will be subject to moderation by the PMEA Blog Administrator.