JULY 25, 2006
CCNMatthews -
http://www.ccnmatthews.com/news/releases/show.jsp?actionfiltered=showRelease&searchText=false&showText=all&actionFor=605004

EDMONTON, ALBERTA - Mindoro Resources Ltd. (TSX VENTURE:MIO)(FWB:OLM) today reported encouraging results from a further three holes at the Kay Tanda epithermal gold-silver prospect, located in the Archangel Project, the Philippines. Holes KT-14 assayed 32 meters of 0.52 grams per tonne (g/t) gold and KT-16 assayed 34 meters of 0.66 g/t gold. This extends the mineralization 50 meters beyond its previously known limits. An economic cut-off of 0.3 g/t gold is used for near-surface, oxide mineralization. Mindoro is continuing to receive encouraging gold-silver results from an ongoing reverse circulation drilling program, with thick intersections of low-grade, near-surface oxide mineralization. Previous results were reported in releases dated May 3, May 23, June 16 and July 4, 2006.

Mindoro’s President, Tony Climie, P.Geol, stated, “We are please to see grades which continue to be in line with successful open-pit, heap-leach mines elsewhere in the world. Two phases of metallurgical testing on Kay Tanda also indicate excellent leaching characteristics. As a result, we plan on commissioning a NI 43-101 resource estimate followed by a scoping study later this fall to further evaluate Kay Tanda’s open-pit, heap-leach potential.”