Mandorin Goldfields Inc.
TSX VENTURE : MGD

Mandorin Goldfields Inc.

October 25, 2005 01:00 ET

Mandorin Announces Stock Option Issue

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - Oct. 25, 2005) - Mandorin Goldfields Inc. (the "Company")(TSX VENTURE:MGD) is pleased to announce the following:

The Company has today issued 8,500,000 stock options exercisable for five years at a strike price of Cdn$0.10 to directors and consultants to MGD. This issuance is in compliance with the terms and conditions of MGD's Stock Option Plan and subject to approval by the TSX Venture Exchange.

Directors were issued with 4,500,000 stock options.

Mandorin is a company focussed on developing advanced resource projects. The company's current asset mix includes interests in gold and copper-gold projects in South Africa and Zimbabwe and diamond projects in Australia.

On behalf of Mandorin Goldfields Inc.

Malcolm L. Stevens, Executive Chairman and President

Errol Smart, Director and Chief Executive Officer

Statements in this press release other than purely historical information, including statements relating to the Company's future plans and objectives or expected results, constitute forward-looking statements. Forward-looking statements are based on numerous assumptions and are subject to all of the risks and uncertainties inherent in the Company's business, including risks inherent in mineral exploration and development. As a result, actual results may vary materially from those described in the forward-looking statements.

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

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