Mindoro Resources Ltd.
TSX VENTURE : MIO
FRANKFURT : OLM

Mindoro Resources Ltd.

June 03, 2005 17:42 ET

Mindoro Resources Ltd.: Change of Auditor

EDMONTON, ALBERTA--(CCNMatthews - June 3, 2005) - Mindoro Resources Ltd. (TSX VENTURE:MIO)(FWB:OLM) ("Mindoro") advises that Collins Barrow Calgary LLP have resigned as Mindoro's auditors. KPMG LLP will be nominated for appointment as the auditors of Mindoro at the annual general and special meeting of shareholders scheduled to be held on June 23, 2005.

ABOUT MINDORO

Mindoro is a Tier One Company trading on the TSX Venture Exchange (TSX VENTURE:MIO) and the Frankfurt Stock Exchange (OLM). The Company is exploring for gold and gold-copper in the prolifically mineralized magmatic arcs of the Asia-Pacific Region. Mindoro has been active in the Philippines since 1996 and is presently focused on six promising projects in politically stable jurisdictions of the Philippines.

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

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