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Mindoro Resources Ltd.: Further Positive Drill Results From Agata Nickel Laterite.
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Canadian Corporate News
- Article date:
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August 14, 2007
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Copyright informationCOPYRIGHT 2007 Canadian Corporate News. News Provided by Comtex. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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EDMONTON, ALBERTA, Aug 14, 2007 (CCNMatthews via COMTEX) -- Mindoro Resources Ltd. (TSX VENTURE:MIO)(FRANKFURT: WKN 906167) is pleased to report results from a further thirteen drill holes on two drill cross sections; 10250N and 10300N on the Agata nickel laterite project, Philippines. For section 10250N the limonite horizon averages 1.10 percent nickel and 42.67 percent iron over an average thickness of 8.45 meters. For section 10300N, 50 meters to the north, the limonite horizon averages 0.95 percent nickel and 41.46 percent iron over an average thickness of 5.73 meters. The underlying saprolite horizon on section 10250N averages 0.95 percent nickel over an average thickness ...
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