Mindoro Resources Ltd | Company Profile

Surigao Projects
Surigao is a major copper-gold and nickel district. This district is a historic gold mining camp, where there are literally thousands of epithermal gold showings, prospects and small scale artisanal mines. Based on the recognized Philippine copper-gold model, porphyry copper-gold systems would be anticipated as well, and this was confirmed with the discovery in 2000 of the Philex Gold/Anglo American Boyongan porphyry copper-gold deposits, and more recent discoveries.
Subsequent drilling at Boyongan outlined a major porphyry copper-gold deposit with a disclosed resource estimate of 219 million tonnes at a grade of 0.51% copper and 0.74 g/t gold. The Anglo-Philex joint venture more recently announced that a second porphyry system has been discovered a few hundred meters
to the north of Boyongan, known as the Bayugo (or Kalayaan) porphyry prospect, as well as indications of several other porphyry systems nearby. Intensive drilling is in progress in the area.

Batangas Projects
Mindoro acquired the Lobo and Archangel Projects in the Batangas District of Luzon Island in December 2000, under an agreement with Egerton Gold Philippines Inc., a private Philippines Company. Mindoro may earn a 75% interest in the Batangas projects through phased exploration expenditures, issues of shares, and by taking one of the projects (either Lobo or Archangel) to the feasibility stage. Lobo and Archangel are each held under a Mineral Production Sharing Agreement (MPSA), which is a legally binding contract with the Philippine Government allowing for mineral exploration and development.

Pan de Azucar Project
The Pan de Azucar MPSA covers 535 ha on Pan de Azucar Island. Under a 1997 agreement with a private Philippines company, Minimax Mineral Exploration Corp, Mindoro may earn 75% interest in the Pan de Azucar Project through phased exploration expenditures and issues of shares. Mindoro has earned a 40% interest to date.

- Geology Mineralization
The Pan de Azucar Prospect is located within a collapsed caldera structure, where the dacitic-andesitic caldera-fill package hosts pervasive replacement and structurally-controlled alteration and mineralization. Dacitic units are preferred hosts to mineralization. An epithermal, massive pyritic-sulphide deposit, the Valderama Zone, with low to moderate grade copper-gold-zinc-silver values was drill-intersected by Mindoro in 2001 and a porphyry copper-gold target located at Asparin Hill in 2002.

Shares Listed
TSX Venture Exchange: MIO

Management
-Tony Climie, P.Geo - CEO, COO
-Penny Gould, President
-Eugene D.Zarowny, CA, CFP - CFO