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Mar 07, 2003
Tony Climie, P.Geol., President of Mindoro Resources Ltd. ("Mindoro") reports that Mindoro has granted to directors, officers and employees, subject to regulatory approval, options to purchase a total of 560,000 common shares at an exercise price of $0.15 per share, for a five year term.
Mindoro is a Tier One Company listed on the TSX Venture Exchange (symbol MIO). The Company is exploring for gold and gold-copper in the high-potential magmatic arcs of the Asia-Pacific Region and is presently focussed on six promising projects in the Philippines.
For further information, contact Penny Gould, Executive Vice President:
Phone: (1-780) 413-8187
Fax: (1-780) 426-2716
The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.
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