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Mar 27, 2003
Change Of Auditor
Pursuant to National Policy No. 31, Tony Climie, P. Geol., President of Mindoro Resources Ltd. ("Mindoro") advises that Deloitte and Touche LLP have resigned as the auditors of Mindoro at the request of Mindoro management. Collins Barrow Calgary LLP have been appointed as auditors to hold office until the next annual general meeting of shareholders. There have been no Reservations (as defined in National Policy 31) in the Auditors' Reports for the two most recently completed fiscal years or any subsequent period. There have not been any Reportable Events (as defined in National Policy 31) during the term of Deloitte and Touche LLP. This change of auditors was considered and approved by Mindoro's Board of Directors.

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: http://www.mindoro.com

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

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