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Mar 07, 2003
Options Granted
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
Email: mindoro@mindoro.com,
Website: www.mindoro.com

The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.
 
 

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