Nickel Investing News » Mindoro Resources Ltd.: Increased Agata Nickel Resource and Regional Drilling Commenced

Mindoro Resources Ltd.: Increased Agata Nickel Resource and Regional Drilling Commenced

August 24, 2010 @ 1:23 pm In Nickel Company News

Mindoro Resources Ltd. (CVE:MIO) announced an increased Mineral Resource estimate for the Agata Nickel Project.

The press release is quoted as saying:

Mindoro is a Tier 1 Issuer trading on the TSX Venture Exchange (MIO) and the Frankfurt Stock Exchange (WKN 906167). Mindoro is focused on exploration in the Philippines with a strategy of advancing early stage opportunities to production or joint venture. Mindoro controls major nickel laterite resources in the Surigao District, Mindanao, where potential for a direct shipping ore (DSO) operation to generate early cash flow is being advanced as well as large scale potential for an onsite processing plant.

Click here to access the entire press release ^[1]

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[1] Click here to access the entire press release: http://www.marketwire.com/press-release/Mindoro-Resources-Ltd-Increased-Agata-Nickel-Resource-Regional-Drilling-Commenced-TSX-VENTURE-MIO-1308427.htm