Mindoro Resources Ltd.: Increased Agata Nickel Resource and Regional Drilling Commenced
August 25th, 2010
Filed under: Operator - Mindoro Resources Ltd
EDMONTON, ALBERTA–(Marketwire - Aug. 23, 2010) - Mindoro Resources Ltd. (TSX VENTURE:MIO); (FRANKFURT:WKN 906167) today announced an increased Mineral Resource estimate for the Agata Nickel Project. This includes a Measured and Indicated resource of 29.8 million tonnes at 1.03 percent nickel, an increase of 2.9 million tonnes compared to the December 2009 estimate with a slight decrease in grade due to a more robust estimation methodology and more detailed information. In addition an Inferred resource of 1.46 million tonnes at 1.01 percent nickel has been estimated.
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