Mindoro Resources Ltd.
TSX VENTURE : MIO
FRANKFURT : OLM

Mindoro Resources Ltd.

January 07, 2008 12:05 ET

Mindoro Appoints A. Robson Garden, Q.C., as Chairman

EDMONTON, ALBERTA--(Marketwire - Jan. 7, 2008) - Mindoro Resources Ltd. (TSX VENTURE:MIO)(FRANKFURT:WKN 906167) today announced the appointment of Mr. A. Robson (Rob) Garden, Q.C., as Chairman of the company. The appointment follows the resignation of Dr. Gerhard Kirchner from the position. Dr. Kirchner remains an active director of the company and continues to play a valuable role in advising the company on technical matters.

"We are very grateful to Gerhard for his dedication to the company as Chairman over the past three years and look forward to his continued contributions as a director," commented Tony Climie, President of Mindoro. "We are equally pleased to welcome Rob Garden to his new role. Since becoming a director of Mindoro in October 2005, Rob has proven himself a capable leader and an avid supporter of the company."

Dr. Kirchner further commented, "I am confident that under Rob's guidance and leadership, Mindoro will continue to increase shareholder value through responsible growth and development. I personally look forward to participating in the company's success as both a director and shareholder."

Mr. Garden, a resident of Calgary, was for many years a senior partner with the law firm MacPherson Leslie & Tyerman and is now counsel to that firm. Mr. Garden has more than 32 years of experience in his primary areas of practice: natural resources law; labour and employment law; and administrative law. He has extensive experience in the mining industry, having served as general counsel for Uranerz Exploration and Mining Ltd., a major German mining corporation, where he negotiated a number of exploration joint venture agreements with major international corporations. He also negotiated a number of commercial contracts relating to the construction of the Key Lake uranium mine and mill in northern Saskatchewan. Mr. Garden has also acted as corporate secretary to several corporations and mining joint ventures. Mr. Garden currently serves as corporate secretary to the Management Committee of the Cigar Lake Joint Venture and as a director of Golden Band Resources, a Canadian exploration company based in Saskatoon, Saskatchewan.

Mr. Garden is a regular speaker at conferences and seminars on various labour and employment law topics in Alberta, Saskatchewan, Ontario and British Columbia. He has lectured at the University of Saskatchewan College of Commerce, College of Law, and College of Arts and Science as well as at the Haskayne School of Business at the University of Calgary. Mr. Garden is a member of the Alberta and Saskatchewan Bars. In recognition of his abilities as an advocate and negotiator, he was appointed Queen's Counsel in 1992.

ABOUT MINDORO

Mindoro is a Tier 1 Issuer trading on the TSX Venture Exchange (MIO) and the Frankfurt Stock Exchange (WKN 906167). In addition to advancing the Agata nickel laterite project towards production, Mindoro is carrying out a major resource delineation program on its Kay Tanda gold-silver project. The company has also identified 22 porphyry copper-gold prospects in the Philippines and has an aggressive strategy of joint venturing and drilling multiple targets in 2008.

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

Contact Information

  • Mindoro Resources Ltd.
    Penny Gould
    Executive Vice President
    (780) 413-8187
    Email: penny@mindoro.com
    Website: www.mindoro.com
    or
    Ascenta Capital Partners Inc.
    Trent Dahl
    Investor Relations-Canada
    (604) 628-5800 or Toll Free: 1-866-684-4209 ext. 228
    Email: info@mindoro.com
    or
    Argentuminvest GmbH
    Richard Mayr
    Investor Relations-Europe
    +49.9421.785250
    +49.9421.785255 (FAX)
    Email: info@argentuminvest.com