Mindoro Resources Ltd.: Significant Upgrade for Kay Tanda Gold-Silver Resource
March 8th, 2010
Filed under: Operator - Mindoro Resources Ltd
EDMONTON, ALBERTA–(Marketwire - March 5, 2010) - Mindoro Resources Ltd. (TSX VENTURE:MIO); (FRANKFURT:WKN 906167) is pleased to announce results of a new mineral resource estimate for the Kay Tanda gold-silver resource, Archangel Project, Batangas, Philippines The new resource estimate, shown in the table below, demonstrates a 34 percent increase in grade, and a 22 percent increase in contained ounces relative to the previous estimate of February 6, 2008, as well as the conversion of most of the resource to measured and indicated categories.
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