PMEA Blog

EDMONTON, ALBERTA–(Marketwire - March 15, 2010) - Mindoro Resources Ltd. (TSX VENTURE:MIO); (FRANKFURT:WKN 906167) announces that it has received the final options study commissioned to examine the range of development and processing options available and comment on their applicability to the Agata nickel laterite resource and the Surigao regional nickel laterite Exploration Target. The study was authored by Boyd Willis of Boyd Willis Hydromet Consulting in Brisbane, Australia.

The Agata nickel laterite resource announced on November 11, 2009, totals Measured and Indicated 26.92 million dry metric tonnes (DMT) at 1.11% Nickel and 0.06% Cobalt and Inferred 3.79 million DMT at 1.06% Nickel, 0.05% Cobalt. The Surigao regional Exploration Target announced on January 11, 2010, is 50 million to 70 DMT at 0.9% to 1.1% Nickel.

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