W I N T E R 2 0 1 1

MIND ORO
RESOURCES
Successful Explorer
LTD.

COPORATE
With License to Operate in the Philippines
DATA

Mindoro has a strong foun Drilling Agata

(In Canadian dollars, as Mindoro has defined a
of December 31, 2010) dation of potentially world nickel project
large nickel cobalt re
class mineral projects and a source. Development
Exchange Listings: well established licence to opportunities under evalua
TSXV: MIO operate in the Philippines. tion include a value added
ASX: MDO direct shipping ore opera
The opportunity for Mindoro tion to realize early cash
Frankfurt: OLM
is to build value through flow leading to a major on
Shares issued: 206M nickel resource growth, ma site processing facility.
Fully diluted: 277M jor project feasibility and
drilling of quality gold and
Institutional
copper gold targets. Agata nickel laterite resource
Ownership: 30%
Mindoro also has gold re
52 week high-low:
sources at Kay Tanda
$0.34 - $0.09
(Archangel Project), and 22
Recent share price: porphyry copper gold pros
$0.25 pects in the pipeline.
Cash position: Major producer, Gold Fields,
CDN $10 million is farming in on three copper
gold projects.

INVESTOR
RELATIONS
CONTACT:
Local miner panning

Investment
BATANGAS &
Australia gold at American
ARCHANGEL
Tunnels, Agata Project
Nathan Ryan Gold
Copper-gold
+0420.582.887
nathan@mindoro.com

Canada
Highlights SURIGAO
Penny Gould, Nickel
PAN DE AZU-
Gold
VP Investor Relations CAR Copper-
+1.780.413.8187
Senior gold producer, gold

1.877.413.8187 or Strong board and management Gold Fields, farming in on

with discovery track record and three of Mindoros pro
Holly Hendershot mine development experience jects
+ 1.416.868.1079
ir@mindoro.com Well financed with $10M raised Three drill programs currently
in December 2010 underway on nickel and gold
Germany projects
NI 43 101 Mineral Resource
Robert Sarcher Integrated scoping study on
estimates on Agata nickel cobalt
+49.821.6089051 project and two gold projects. Agata nickel laterite project
robert@mindoro.com nearing completion.
MINDORO
www.mindoro.com R E S O U R C E S L T D.
SURIGAO PROJECTS
Interest: 75% direct and indirect and options to acquire remaining 25%. Mindoro has commissioned scoping studies into two stages of
AGATA NICKEL LATERITE potential development:
A significant NI 43-101 nickel-cobalt-iron laterite resource (nickel cutoff of 0.5% in the Stage 1: early revenue from direct shipping value-added ore
limonite and 0.8% in the saprolite): Stage 2: large on-site nickel and cobalt processing operation
Laterite Mil. LARGE ADDITIONAL EXPLORATION TARGET
Category Ni% Co% Fe%
Horizon DMT
From 50 to 70 million dry metric tonnes, grading from 0.9 to 1.2%
Limonite 10.2 0.94 0.11 46 Ni and 28 to 32% Fe (limonite and saprolite). Drilling is currently
Measured +
Saprolite 22.4 1.09 0.03 11 testing these targets.
Indicated
Total 32.6 1.04 0.06 22
AMERICAN TUNNELS GOLD AND PORPHYRY COPPER-
Limonite 1.0 0.94 0.11 46
GOLD
Inferred Saprolite 2.8 1.09 0.03 11
American Tunnels is located within a six km trend of high
Total 3.8 1.1 0.05 22 chargeability geophysical anomalies and gold and copper-gold
Agatas strong competitive advantages include excellent infrastructure, close proximity to mineralization. Reconnaissance drilling and sampling of
the ocean and Asian markets, abundant limestone on site and outstanding acid leach underground artisanal mines has confirmed potential for a near-
metallurgical results with rapid leach times, high recoveries and low acid consumption. surface gold target and deeper porphyry copper-gold targets.

BATANGAS PROJECTS
Interest: 100% direct and indirect ARCHANGEL PROJECT
GOLD FIELDS AND THE EL PASO, LOBO AND TALAHIB PROJECTS Kay Tanda NI 43-101 resource estimate:
Gold Fields may earn up to 75% interest in the El Paso, Lobo and Talahib porphyry copper- G/t Contained
Category Tonnes Gold Ounces
gold projects by funding exploration and feasibility study. A 2,200 meter drill program is
currently underway to test high-grade epithermal gold targets at the Old Lobo Copper Mine Indicated 9,879,000 1.06 337,500
and the adjacent Sampson epithermal gold-copper trend. The Sampson Trend is one of two
Inferred 3,741,000 0.81 97,200
gold-copper epithermal vein breccia trends together aggregating from five to seven
kilometers of strike length. Deeper drill results included:
Mindoro previously defined a NI 43-101-compliant resource at SW Breccia with an 64 m of 3.45 g/t gold from 96m
estimated 270,000 tonnes at 6.49 g/t gold containing 56,380 ounces (oz) gold and 26 m of 5.96 g/t gold from 128m
additional inferred resource of 61,000 tonnes at 5.35 g/t gold containing 10,540 oz gold. 61 m of 5.12 g/t gold from 61m, incl. 1m of 246 g/t gold
Most high-grade intercepts were excluded from the resource
SW BRECCIA GOLD HIGHLIGHTS 19.1 g/t Au (trench)
11.0m estimate due to wide spaced drilling and lack of information on
8.3 g/t Au geological controls. Its expected that much of the high-grade
13.3m Quaternary agglomerate
Propylitized andesite wallrock material will move into resource category with additional drilling.
3.4 g/t Au
6.0m (chlorite - clay - pyrite quartz
calcite magnetite )
9.6 g/t Au
17.4m Argillized polymictic breccia
(clay-pyrite chlorite calcite
PAN DE AZUCAR PROJECT
altered) Interest: 40% with option to earn additional 35%
Pyritic hydrofractured andesite 1,000m drill program underway on the Valderama massive
Quartz - barite - pyrite clay sulphide prospect. Previous drill results included:
12,2 g/t Au breccia
30.8m Quartz - pyrite clay alteration 37m of 1.88 g/t Au and 0.82% Cu from 16.3m
6.3 g/t Au 37m of 1.25 g/t Au and 0.14% Cu from 6.4m
Clay - pyrite alteration
8.3m 40m of 1.25 g/t Au and 0.69% Cu from 55.8m
Fault gouge
9.5 g/t Au
32.2m
Mineralization is hosted within a massive pyrite body containing
20m from 36 to 42% sulphur. In addition to testing copper-gold
1.7 g/t Au potential, the program will also lead to a preliminary options
14m
20m
study on the suitability of the massive pyritic sulphide as
feedstock for sulphuric acid production for processing the Agata
Tony Climie, P.Geol., is a qualified person as defined by National Instrument 43-101 and the person who has nickel laterite resource.
reviewed the technical disclosures in this document.
The nickel laterite mineralization on the northern Surigao Projects is currently an exploration target only. Detailed
drilling will be required to move the Exploration Target into NI 43-101-compliant resources. There is no guarantee
that these resources, if delineated, will be economic or sufficient to support a commercial mining operation. Until a
feasibility study has been completed there is no certainty that the company's projections will be economically viable.
This document may contain forward-looking statements which involve unknown risk, uncertainties and other factors
which may cause the actual results to be materially different from future results expressed or implied by such
forward-looking statements.