The Talahib Project consists of 1,703 hectares located about eight kilometers west of Lobo Project and eleven kilometers southwest of Freeport McMoRan's Taysan porphyry deposit. Mindoro holds 100 percent direct and indirect interest in Talahib, subject to a one percent NSR to the original claim holder.

Reconnaissance work has located significant copper and gold mineralization at Talahib. The prospect area is underlain by andesitic volcanics intruded by a series of strongly altered diorite and microdiorite intrusions, and capped in places with younger Quaternary tuff.



Stream sediment sampling yielded strong anomalies to 650 ppm copper, 468 parts per billion (ppb) gold, 100 ppm lead and 327 ppm zinc. Reconnaissance rock channel sampling of heavily mineralized hydrothermal breccia assayed 3.33 % copper and 0.10 g/t gold over 20 m, which included 6.55 % copper and 0.16 g/t gold over ten m. About 200 m south of this, an outcrop of altered diorite gave 0.74 % copper and 0.15 g/t gold over 30 m. Another channel sample from altered diorite outcrop 500 m north of the hydrothermal breccia, assayed 1.04 % copper and 0.09 g/t gold over 20 m.

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September 1, 2009	Gold Fields Updates Progress on Batangas Projects