Mazorro Resources Inc.

Mazorro Resources Inc.

July 08, 2008 11:36 ET

Mazorro Completes First Phase of Drilling-Adds Additional Directors at AGM

OTTAWA, ONTARIO--(Marketwire - July 8, 2008) - Mazorro Resources Inc. ("Mazorro" or the "Company") (TSX VENTURE:MZO) (FRANKFURT:JAM) is pleased to announce that the first phase of a 5,000 metre reverse circulation ("RC") drill campaign has been completed at the Cimarron property, located 40 km east of Mazatlan in Sinaloa, Mexico. This program consisted of 2,397 metres of drilling in 13 RC drill holes.

The initial portion of the drill campaign focussed on confirming and expanding the 350m by 250m Calerita target which was drill delineated in 1999 by Hecla Mining ("Hecla") (NYSE:HL) (reported in May 6 press release). Highlights from the 1999 drill campaign at the Calerita target include: drill results of 0.59 g/t gold over 106 metres (non 43-101 compliant) and surface trench values of 0.72 g/t gold over 93.3 metres. The drill program was designed to target the kilometre-scale gold anomaly at the Calerita prospect, as well as drill-test anomalies identified from the recently completed soil geochemical and magnetic surveys covering 326 line-kilometres. All samples have been shipped to Inspectorate Prepatory Lab in Durango, Mexico and assay results will be released upon receipt.

Mazorro Resources is also pleased to announce that at yesterday's Annual General Meeting, all resolutions were approved and two new additional Directors, Gregory Bowes and Lawrence C. Scarth, were elected increasing the size of the Board from 3 to 5 Directors.

Mr. Bowes is the Chief Financial Officer (CFO) of Orezone Resources Inc. (OZN; TSX, AMEX) an emerging intermediate gold producer in Burkina Faso, West Africa. Mr. Bowes holds an MBA from Queens University and an Hons. B.Sc. in geology from the University of Waterloo. He was formerly the CEO of San Anton Resources (TSX:SNN) a Mexican focused exploration company which is advancing the Cerro del Gallo deposit where a 43-101 mineral resource of + 10 million ounces gold equivalent has been outlined. Mr. Bowes' previous experience includes President of an international engineering company and the Vice-President of Northgate Exploration Limited.

Mr. Scarth is currently President of 4698151 Manitoba Inc., a private investment and consulting company. Prior to this, he was a partner in a firm of public accountants and consultants for 10 years, selling his interest in 2006. He has previously served for many years as a Director on the Board of the Certified Management Accountants of Manitoba, first becoming Vice-President and then President of the Board. During his tenure with this organization, he chaired a number of committees as well. Prior to his public accounting partnership, he worked as a senior executive in the automotive industry. In addition to senior executive duties, he served on various Boards of Directors and held an equity position in one of the corporations. Previous to this, he worked for a firm of Chartered Accountants providing auditing, accounting and tax services to owner managed enterprises and non-profit groups.

Each new Director has been granted 75,000 options entitling the holder to subscribe for one common share of the Company at a price of $0.40 per share for a five year period.

Marc L'Heureux, P.Geo., a Director of the Company and a qualified person as designated by National Instrument 43-101, has reviewed the technical content of this news release.

Mazorro Resources has 12.5 million shares outstanding and is a tightly held junior mining exploration company targeting gold, copper and silver deposits in the western Mexican state of Sinaloa, around the port city of Mazatlan. Mazorro is focussing on a region offering social and political stability in a country offering a favourable investment climate to foreign investors.

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

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