Mindoro Resources Ltd.: Agata Nickel Infill Drilling Completed; Higher-Grades Intersected
Filed under: Mineral - Iron, Mineral - Nickel, Operator - Mindoro Resources Ltd
EDMONTON, ALBERTA–(Marketwire - Aug. 10, 2010) - Mindoro Resources Ltd. (TSX VENTURE:MIO) (FRANKFURT:WKN 906167) today announced the last batch of infill drilling results from the company’s Agata Nickel Project in the Philippines with grades and thickness of potential economic interest, including limonite intersections averaging 4.06 meters (m) at 1.15% Nickel, 0.13% Cobalt and 48% Iron and saprolite intersections averaging 7.25m at 1.31% Nickel. The peak limonite intersection was AGL-453: 10.9m @ 1.55% Nickel and 40% Iron from 1.9m and peak saprolite intersection AGL-545:13.45m @ 1.73% Nickel from 4.10m including 3.95m @ 2.04 % from 4.10m.
This release includes results from the final 92 holes of a total program of 185 holes for 3,560m on 25m x 25m to 50m x 50m grid patterns.
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