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Dec 27, 2005
Edmonton, Alberta - Dec. 27, 2005 - Mindoro Resources Ltd. (TSX VENTURE:MIO)(FWB:OLM) reports that Mr. Peter Draper has resigned as a director of Mindoro. The Board of Directors thanks Mr. Draper for his many valuable contributions to the Company during his tenure as a director.
Mindoro is a well-financed Tier 1 Issuer trading on the TSX Venture Exchange (MIO) and the Frankfurt Stock Exchange (OLM). Mindoro has identified 19 porphyry copper-gold prospects and a nickel laterite prospect in the Philippines and is pursuing an aggressive strategy of drilling multiple targets in 2005-2006. Recent drilling confirmed the Pica porphyry copper-gold discovery on the Lobo Project, where drilling continues, and drilling is underway on a second porphyry prospect on the Agata Project. BHP Billiton is about to begin a drill program to test Mindoro's Agata nickel laterite prospect. Mindoro plans to mobilize another drill rig to the Kay Tanda prospect on the Archangel Project in January.
FOR FURTHER INFORMATION PLEASE CONTACT:
Mindoro Resources Ltd.:
Executive Vice President
Fax: (780) 426-2716
Ascenta Capital Partners Inc.:
(604) 628-5800 or Toll Free: 1 (866) 684-4209
The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.
You can view the Next Press Releases item: Wed Jan 4, 2006, Mindoro Reviews Prospects and Plans Aggressive 2006 Drill Programs
You can view the Previous Press Releases item: Wed Dec 21, 2005, Agata Drilling Update
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