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    Mindoro Intersects 26.2m at 4.07 g/t Gold in First New Hole at Archangel in the Philippines

    Vivien Diniz
    Aug. 31, 2012 10:28AM PST
    Gold Investing

    Mindoro Resources Ltd. (TSXV:MIO) announced the preliminary results from its first diamond drill hole of the current program at Archangel gold project, Batangas, the Philippines. The drill hole intersected 26.2m at 4.07 g/t gold from 19.4m down hole including 6m at 6.12 g/t gold from 19.4m down hole and 8.8m at 5.36 g/t gold from 36.8m down hole.

    Mindoro Resources Ltd. (TSXV:MIO) announced the preliminary results from its first diamond drill hole of the current program at Archangel gold project, Batangas, the Philippines. The drill hole intersected 26.2m at 4.07 g/t gold from 19.4m down hole including 6m at 6.12 g/t gold from 19.4m down hole and 8.8m at 5.36 g/t gold from 36.8m down hole.

    Mindoro President and CEO Jon Dugdale stated:

    We are very pleased with the results from the first new drill hole at Archangel. The thick higher-grade intersection in KT-191-12 conforms with the up-flow or “feeder” zone interpretation and opens the way to potentially extending the resource with further drilling.

    Click here to view the complete press release. 

    tsxv:mio
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