Significant Upgrade for Kay Tanda Gold-Silver Resource; Measured and Indicated Resource Now 9.879 Mt at 1.06 G/T Au, Containing 337,500 Ounces Gold; An Additional 3.74 Mt at 0.81 G/T Au in the Inferred Category, Containing 97,200 Ounces Gold
ENP Newswire 2010, March 8
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Publisher Description
ENPNewswire-8 March 2010-Significant Upgrade For Kay Tanda Gold-Silver Resource; Measured and indicated resource now 9.879 Mt at 1.06 g/t Au, containing 337,500 ounces gold; An additional 3.74 Mt at 0.81 g/t Au in the inferred category, containing 97,200 ounces gold(C)2010 ENPublishing - http://www.enpublishing.co.uk Release date- 05032010 - EDMONTON, Alberta - Mindoro Resources Ltd. (TSXV: MIO; Frankfurt: WKN 906167) is pleased to announce results of a new mineral resource estimate for the Kay Tanda gold-silver resource, Archangel Project, Batangas, Philippines The new resource estimate, shown in the table below, demonstrates a 34 percent increase in grade, and a 22 percent increase in contained ounces relative to the previous estimate of February 6, 2008, as well as the conversion of most of the resource to measured and indicated categories.