Medoro Resources Ltd.
TSX VENTURE : MRS

Medoro Resources Ltd.

April 30, 2009 09:32 ET

Medoro Announces Filing of Technical Report on Lo Increible Properties

TORONTO, ONTARIO--(Marketwire - April 30, 2009) - Medoro Resources Ltd. (TSX VENTURE:MRS) announced today that it has filed with the Canadian securities regulators an updated report on the resources at the La Cruz, La Sofia and El Tapon zones at its Lo Increible 4A and 4B properties in Venezuela. The report confirms the estimates previously announced by the company on December 18, 2008 of a Measured Mineral Resource of 4.2 million tonnes (Mt) at a mean grade of 2.3 grams per tonne gold (g/t Au) and a Indicated Mineral Resource of 9.2 Mt at a mean grade of 2.1 g/t Au for a combined total of 940,000 ounces.

The Technical Report is dated effective April 27, 2009, has been prepared pursuant to National Instrument 43-101 "Standards of Disclosure for Mineral Projects", and was prepared by Dr. Mike Armitage, C. Eng, C Geol, PhD of SRK Consulting (UK) Ltd., which is independent of the company. The full report can be found on the company's website and at www.sedar.com.

Medoro Resources is a gold exploration and development company focused on acquiring properties of merit for potential joint ventures with senior producers. The company holds a 100% interest in the Lo Increible 4A and 4B concessions in Venezuela and interests in eleven gold exploration areas in the Republic of Mali. Additional information on Medoro Resources can be found by visiting the company's website at www.medororesources.com.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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