Mindoro Resources Ltd.
TSX VENTURE : MIO
FRANKFURT : OLM

Mindoro Resources Ltd.

July 26, 2005 15:02 ET

Mindoro Resources Ltd.: Increased Market Activity

EDMONTON, ALBERTA--(CCNMatthews - July 26, 2005) - Mindoro Resources Ltd. (TSX VENTURE:MIO)(FRANKFURT:OLM) reports that there are no material changes in the affairs of the Company that would account for the recent increased trading activity and rise in share price. Mindoro notes that the significant trading activity on the TSXV today was preceded with high demand on the Frankfurt Exchange where over nine million shares had traded as of the time of this release.

In a press release dated July 19, 2005, Mindoro announced positive metallurgical test results had been received for a small bulk sample from the Kay Tanda gold-silver prospect at the Archangel Project in the Philippines. At the Lobo Project, seven kilometers from Archangel, Mindoro is continuing to drill the Pica prospect, where independent petrographic work has confirmed the presence of a porphyry copper-gold system, as announced on June 22, 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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