TORONTO, April 30 /CNW/ - Medoro Resources Ltd. (TSX-V: MRS) announced
today that it has filed with the Canadian securities regulators an updated
report on the resources at the La Cruz, La Sofia and El Tapon zones at its Lo
Increible 4A and 4B properties in Venezuela. The report confirms the estimates
previously announced by the company on December 18, 2008 of a Measured Mineral
Resource of 4.2 million tonnes (Mt) at a mean grade of 2.3 grams per tonne
gold (g/t Au) and a Indicated Mineral Resource of 9.2 Mt at a mean grade of
2.1 g/t Au for a combined total of 940,000 ounces.
The Technical Report is dated effective April 27, 2009, has been prepared
pursuant to National Instrument 43-101 "Standards of Disclosure for Mineral
Projects", and was prepared by Dr. Mike Armitage, C. Eng, C Geol, PhD of SRK
Consulting (UK) Ltd., which is independent of the company. The full report can
be found on the company's website and at www.sedar.com.
Medoro Resources is a gold exploration and development company focused on
acquiring properties of merit for potential joint ventures with senior
producers. The company holds a 100% interest in the Lo Increible 4A and 4B
concessions in Venezuela and interests in eleven gold exploration areas in the
Republic of Mali. Additional information on Medoro Resources can be found by
visiting the company's website at www.medororesources.com.
Neither TSX Venture Exchange nor its Regulation Services Provider (as
that term is defined in the policies of the TSX Venture Exchange) accepts
responsibility for the adequacy or accuracy of this release
For further information:
For further information: Peter Volk, General Counsel & Secretary, (416)