Mindoro Resources Ltd. is a Canadian mineral exploration company aggressively exploring for gold and gold-copper in the Asia Pacific region's high-potential magmatic arcs. Applying sound geological concepts, Mindoro actively explores the geographically diversified regions of the Philippines and Indonesia, while seeking additional projects elsewhere.
Mindoro's technically-oriented, experienced, hands-on management team continues to advance its corporate mission: To acquire, finance and develop projects in the Asia Pacific region that have potential to contain world-class gold and gold-copper deposits.
In achieving this vision we're currently focused on three high quality projects in the Philippines:
Batangas
The Batangas land package comprises 14,000 hectares of a gold-copper belt encompassing Lobo and Archangel; as well as additional and extensive new acquisitions. The mineralization is both epithermal gold and copper-gold porphyry. Mindoro is earning a 75 percent interest through phased exploration expenditures and the issuance of shares.
Surigao
The Surigao land package comprises 24,000 hectares and is the second largest in the province of the same name. The mineralization is epithermal gold, copper-gold porphyry, and nickel-cobalt laterite. There have been multiple recent copper-gold porphyry deposits discovered in the Surigao province including on adjacent ground. Mindoro is earning a 42.5 percent interest, being carried through its Joint Venture partner Panoro Minerals' $2-million exploration commitment. This represents the first application of modern mining exploration methods and technologies to much of this property.
Pan De Azucar
The package on the Pan De Azucar island comprises 535 hectares. The mineralization is epithermal, massive pyritic-sulphide and copper porphyry. Drilling in 2001 encountered promising copper, gold, zinc and silver values in one zone and copper porphyry-related alteration in another. These two targets are clearly identified and ready for drilling. |
