Mindoro Resources has been granted an Exploration Permit covering five parcels of land within its Batangas gold and copper project area, Luzon Island, Philippines.

The permit parcels cover multiple gold and copper-gold targets, with IP chargeability and resistivity anomalies, favorable intrusive rocks with associated porphyry-related alteration, as well as abundant copper and gold showings. Drill testing is planned for 2008 once ground work has been completed and priority drill targets defined.

The permit, covering 1538ha, is within Mindoro's overall Batangas project area, comprising more than 30,000 hectares in a well-mineralized copper-gold belt.