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Gold/Mining/Energy : Mindoro Resources Ltd - MIO -- Ignore unavailable to you. Want to Upgrade?

To: Sudeep Naidoo who wrote (141)	9/3/1999 12:21:00 PM
From: Sudeep Naidoo	Read Replies (1) \| Respond to of 147

Mindoro Resources mobilizes drill rig to Agata project Mindoro Resources Ltd MIO Shares issued 13,663,039 Aug 31 close $0.13 Fri 3 Sept 99 News Release Mr. Troy Clinie reports Mindoro Resources Ltd. has disclosed that a drill rig is being mobilized to its Agata project, Philippines, and is expected to be on site and drilling within the week. The program will consist of 1,000 metres to 1,500 metres in 13 to 15 drill holes and test the Assmicor, East Limestone, West Limestone and Golden Rock targets. The targets are reflected by strong and extensive gold and copper soil anomalies, abundant gold prospects and inactive and active high-grader workings and mines (see Stockwatch, June 15, 1999; May 13, 1999; and May 13, 1998). There is a remarkable variety of mineralization styles and targets on the project. Drilling will commence on the Assmicor target, where high gold values have previously been reported from underground sampling of the Assmicor mine, and which offers excellent potential for establishing an early resource. Drilling of the East, West and Golden Rock Limestone targets will test bulk-tonnage potential of the suspected limestone-replacement and skarn mineralization at depth, as well as intrusive-hosted mineralization, similar to the Assmicor target. (c) Copyright 1999 Canjex Publishing Ltd. canada-stockwatch.com