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Mindoro to Appoint New CEO
Published : December 17, 2012
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Keywords :   Australia | Canada | Copper | Germany | Gold | Market | Nickel | Philippines | Sulphur | Zinc |

MELBOURNE, AUSTRALIA--(Marketwire - Dec. 18, 2012) - Mindoro Resources Ltd. (News - Market indicators) (ASX:MDO) (FRANKFURT:WKN 906167) is pleased to announce the appointment of Tony Climie as CEO of the company effective 22 December 2012.

Tony was a co-founder of Mindoro and has been with the company for over 16 years, most of which has been spent in the Philippines. Tony is responsible for Mindoro's portfolio of advanced projects and key discoveries in the Philippines, including the Agata Nickel Project and the Pan de Azucar sulphur-copper-gold project, both of which are the subject of joint venture arrangements with TVI Pacific Inc. ("TVI") (see Mindoro release 27 September 2012). Key, short term, objectives of the joint ventures are to establish stage 1 direct shipping ore ("DSO") production as well as advancing the nickel processing project to the definitive feasibility study stage.

TVI is a publicly-traded Canadian company listed on the TSX that is focused on the production, development, exploration and acquisition of resource projects in the Philippines. TVI produces copper and zinc concentrates from the Canatuan mine in western Mindanao.

Jon Dugdale will resign as Mindoro President, CEO and a Director, effective 21 December 2012.

Mindoro Chairman Rob Garden said, "We are very pleased to see Tony return to the role of CEO at Mindoro. Tony and his team in the Philippines are responsible for the key discoveries made by Mindoro. Tony knows the projects intimately and with joint venture operator, TVI, he can help steer the company to its first cash flow producing operation planned for 2013. We would also like to thank Jon for his services as President and CEO during a period that has seen the company take considerable steps to bring our major projects into production".

Jon will commence full time from 21 January 2013, as an Executive Director of Mindoro's 56% owned ASX listed Red Mountain Mining Ltd ("Red Mountain"). Jon will transition to Managing Director of Red Mountain on or before the 30 of March 2013.

Red Mountain is actively drilling and channel sampling the Batangas Gold Project at Archangel and Lobo to expand the known high grade gold resources and increase the gold inventory via new discoveries.

On behalf of the Board of Directors,

Rob Garden, Chairman

About Mindoro

Mindoro is a Tier 1 Issuer trading on the TSX Venture Exchange (MIO), Australian Securities Exchange (MDO) and Frankfurt Stock Exchange (WKN 906167). Mindoro has a 75% interest in the Agata Nickel Project, Mindanao and the Pan de Azucar Sulphur-Copper-Gold project, Iloilo, both of which are the subject of option and joint venture agreements with TVI Pacific Inc. (release 27 September 2012). Mindoro also holds a 56% stake in ASX listed Red Mountain Mining (ASX:RMX) that has a 100% direct and indirect interest in the Batangas gold and copper-gold projects, and a 75% direct and indirect interest in the Tapian San Francisco copper-gold project.

This release may contain forward-looking statements including management's assessments of future plans and operations, and expectations of future production. These statements are based on current expectations that involve a number of risks and uncertainties, which could cause actual results to differ materially from those anticipated. These risks include, but are not limited to, the risks associated with the mining and exploration industry (e.g. operational risks in development, exploration and production; delays or changes in plans with respect to exploration or development projects or capital expenditures; the uncertainty of reserve estimates; the uncertainty with respect to results of exploration, the uncertainty of estimates and projections relating to production and the uncertainty of the availability of capital). The assumptions used in the preparation of such statements, although considered reasonable at the time of preparation, may prove to be imprecise and, as such, undue reliance should not be placed on forward-looking statements. The Company does not undertake to update forward-looking statements except where required to do so by law.

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.

Mindoro Resources Ltd.
Mindoro Resources Ltd.- Australia
Jon Dugdale
+61 3 9614 5055
CHF Investor Relations
Jeremy Hill
+1 416 868 1079 ext 238
Aprendo Capital
Robert Sarcher
+49 821 6089051
Companies Mentionned : Reliance | Tvi Pacific | X-ore |
Data and Statistics for these countries : Australia | Canada | Germany | Philippines | All
Gold and Silver Prices for these countries : Australia | Canada | Germany | Philippines | All

Mindoro Resources Ltd

ISIN : CA6029131050
CUSIP : 602913105
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Mindoro Res. is an exploration nickel and copper company based in Canada.

Mindoro Res. develops nickel, copper, cobalt and iron in Philippines, and holds various exploration projects in Philippines.

Its main asset in development is AGATA in Philippines and its main exploration properties are LOBO, ARCHANGEL, TAPIAN MAIN and TAPIAN SAN FRANCISCO in Philippines.

Mindoro Res. is listed in Australia, in Canada, in Germany and in United States of America. Its market capitalisation is CA$ 1.5 millions as of today (US$ 1.1 millions, € 1.0 millions).

Its stock quote reached its highest recent level on June 22, 2007 at CA$ 1.31, and its lowest recent point on July 05, 2016 at CA$ 0.01.

Mindoro Res. has 297 437 399 shares outstanding.

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Corporate Presentations of Mindoro Resources Ltd
6/4/2012Releases Corporate Presentation for May 2012
Annual reports of Mindoro Resources Ltd
2008 Annual Report Available
Annual Report 2007
Financings of Mindoro Resources Ltd
10/10/2012Results of Special Meeting and Provides Update on Private Pl...
10/1/2012TVI Pacific completes Tranche 1 of the Private Placement in ...
3/22/2012Mindoro Closes Private Placement for C$0.3M
3/12/2012Results of Special Meeting and Private Placement
2/2/2012Mindoro Closes Final Tranche of Private Placement
1/26/2012Receives Additional Private Placement Commitments of C$1.28M...
1/13/2012Mindoro Closes Second Tranche of Private Placement and Provi...
12/1/2011Mindoro completes first closing of Private Placement raising...
11/28/2011receives commitments for initial C$1.2 million under Private...
11/22/2011Mindoro Arranges Private Placement to Raise up to C$4 millio...
8/25/2009Closes Private Placement
8/19/2009Arranges Private Placement
3/27/2009Amends Price Of Purchase Warrants
2/19/2009Closes Private Placement; Planning Underway to Drill Americ...
1/14/2009Announces Private Placement
12/18/2008 Amends Price and Term of Purchase Warrants
Option Grants of Mindoro Resources Ltd
7/29/2010Issues Incentive Stock Options
8/6/2009 Issues Incentive Stock Options
11/3/2008Appoints Tosney an Advisor and Issues Incentive Stock Option...
11/3/2008Appoints Tosney An Advisor And Issues Incentive Stock Option...
Nominations of Mindoro Resources Ltd
7/2/2013Announces Director and Executive Appointments
9/23/2010Appoints King VP Commercial and CFO
6/6/2008Announces Executive Appointments
Project news of Mindoro Resources Ltd
3/13/2015(Agata)Agata Project Completes Two More High-Iron/Low Nickel DSO Sh...
4/28/2014(Agata)The Agata Mining Joint Venture Receives Declaration of Minin...
1/17/2014Mindoro Welcomes Significant New Investor As Prime Resources...
10/21/2013Mindoro Provides an Update on the Agata High-Iron DSO Projec...
10/18/2013Mindoro's JV Partner Reports on Test Work Results for the Ag...
10/18/2013Mindoro Advises Variation To Agreement For The Sale Of Proje...
9/24/2013Mindoro Advises Further Economic Information for Agata DSO P...
9/23/2013(Agata)Renegotiates Option for Additional 25% in Agata Project
2/19/2013Mindoro Provides an Update on the TVI Joint Venture Projects
12/3/2012Mindoro Investment Red Mountain Mining Discloses High-Grade ...
9/27/2012Mindoro and TVI sign Joint Venture Agreements for Agata and ...
9/26/2012(Archangel)Releases Further Results from Archangel Gold Drilling Progra...
8/31/2012Mindoro Intersects 26.2m @ 4.07 g/t gold in First New Hole a...
7/6/2012Mindoro Announces TVI Pacific Strategic Investment and Propo...
1/4/2012(Archangel)Reports the Results of Drilling Gold Feeder-Structures at Ar...
12/9/2011(Archangel)on Archangel Gold Drilling Program, Results from First Hole
11/17/2011(Lobo)Announces Final Three Gold Intersections from Southwest Brec...
11/4/2011Special Cocktail Reception in Calgary & Edmonton with Mindor...
10/19/2011Fox-Davies initiates coverage of Mindoro Resources Ltd. (MIO...
10/18/2011Fox-Davies initiates coverage of Mindoro Resources Ltd. (MIO...
5/5/2011(Pan De Azucar)Reports High Grade Copper Intersections and Thick Extensions...
4/1/2011(Pan De Azucar)Reports High-Grade Gold and Copper Intersections at Pan De A...
1/24/2011(Bolobolo)Drills Further Strong Nickel Intersections from Bolobolo
1/19/2011(Agata)Moves Towards Pre-Feasibility with Advanced Metallurgy Tests
1/15/2011(Bolobolo)Drills Further Strong Nickel Intersections and Acquires New ...
1/5/2011(Agata)Retains Specialist to Consult on Agata Project
12/13/2010(Agata)Releases Exceptional Nickel Metallurgical Results
11/9/2010(Pan De Azucar)Commences Drilling Copper-Gold and Pyrite Project and it can
11/9/2010(Pan De Azucar)Commences Drilling Pan de Azucar Copper-Gold and Pyrite Proj...
10/14/2010(Agata)Announces Nickel Laterite Upgrading Option and Releases Dril...
10/7/2010(Agata)Agata Nickel Scoping Study Indicates Low Cost Project Potent...
8/24/2010(Agata)Announces Increased Nickel Resources
8/10/2010(Agata)Completes Agata Nickel Drilling; Higher-Grades Intersected
7/23/2010(Agata)Raises Cdn$4 Million To Advance Agata Nickel Project
6/23/2010(Agata)Announces Further Nickel Laterite Intersections at Agata
5/20/2010(Agata)Agata Project Drilling Intersects Thick, High-Grade Nickel L...
3/5/2010(Kay Tanda)Significant Upgrade For Kay Tanda Gold-Silver Resource
9/14/2009(Kay Tanda)Looks to Maximize Value from Kay Tanda Gold Project as Avoce...
9/25/2009(El Paso)Gold Fields Commences Drilling on Mindoro's El Paso Copper-G...
9/1/2009(El Paso)Gold Fields Provides Further Update On Progress On The Batan...
8/6/2009(Agata)Drilling To Commence At American Tunnels
12/16/2008(Agata)Final Resource Estimate Released for Agata North Nickel Late...
11/17/2008(Agata)Extensive Copper Mineralization from Mindoro's American Tunn...
10/31/2008(Agata)Reports Final Drill Results From Agata Nickel Laterite Proje...
9/16/2008(Agata)Reports Further Drill Results From Agata Nickel Laterite Pro...
9/4/2008(Agata) Reports Further Drill Results from Agata Nickel Laterite Pr...
9/4/2008(Agata)Reports Further Drill Results From Agata Nickel Laterite Pro...
8/19/2008(Agata)Reports Further Excellent Drill Results From Agata Nickel La...
8/12/2008(Agata)d Resource Estimate Released For Agata North Nickel Laterite...
7/29/2008(Agata)Reports Further Drill Results From Nickel Laterite Project
7/16/2008(Agata)Drill Results From Agata North Nickel Laterite Project
5/27/2008(Agata)Environmental Compliance Certificate Granted for Agata Nicke...
5/12/2008(Agata)Artisanal Miners Expose High-Grade, Porphyry-Related Copper ...
4/30/2008(Agata) Starter Resource Estimates Released for Agata North Nickel ...
Corporate news of Mindoro Resources Ltd
7/6/2016/C O R R E C T I O N from Source -- Investment Industry Regu...
6/1/2016Mindoro Files First Quarter 2016 Financial Results
5/2/2016Mindoro Files Annual Audited Financial Statements
2/29/2016Mindoro Announces Board and Management Changes
9/1/2015Second Quarter Results and Board and Management Changes
9/1/2015Mindoro Resources Ltd.: Second Quarter Results and Board and...
7/13/2015Mindoro JV Completes One Shipment Of Nickel Ore At The Agata...
7/8/2015Mindoro Announces That Bridge Loan From TVI Resource Develop...
7/8/2015Mindoro Announces that Prime Resources Holdings, Inc. has be...
7/1/2015Mindoro Announces That Bridge Loan from TVI Resource Develop...
6/16/2015Mindoro Advises Partial Results and Adjournment of Annual an...
6/5/2015Mindoro JV Confirms Presence of High Purity Limestone Deposi...
5/19/2015Mindoro JV Completes Large-Scale Drill Program at the Agata ...
5/19/2015(Agata)JV Completes Large-Scale Drill Program at the Agata Nickel L...
5/8/2015Mindoro Announces Appointment of Luis Santos as Interim CEO ...
5/6/2015Mindoro JV Completes Three Nickel Laterite DSO Shipments in ...
4/30/2015Mindoro Files Annual Audited Financial Statements
4/29/2015Mindoro JV Completes Three Nickel Laterite DSO Shipments in ...
4/10/2015Mindoro JV Completes Three Nickel Laterite DSO Shipments in ...
3/13/2015Mindoro's Agata Project Completes Two More High-Iron/Low Nic...
1/30/2015Mindoro Announces Extension To Bridge Loan Maturity Date
1/30/2015Announces Extension to Bridge Loan Maturity Date
1/9/2015Mindoro Joint Venture Completes Two Additional Shipments of ...
12/17/2014Mindoro Announces $500,000 Financing Arrangement
12/10/2014Mindoro Joint Venture Completes Third DSO Shipment from Agat...
12/3/2014Mindoro Advises Results From Annual And Special Shareholders...
12/2/2014Mindoro Advises Results from Annual and Special Shareholders...
12/2/2014Mindoro's Agata Mining JV to Ship Higher Grade DSO and Provi...
12/2/2014Mindoro Announces Resource Definition Drill Program at Agata...
12/2/2014Mindoro Announces Negotiations For Bridge Loan And Convertib...
11/28/2014Mindoro Announces Negotiations for Bridge Loan and Convertib...
11/27/2014Mindoro Announces Resource Definition Drill Program at Agata...
11/26/2014Mindoro's Agata Mining JV to Ship Higher Grade DSO and Provi...
11/25/2014Mindoro Joint Venture Nears Completion of Definitive Feasibi...
11/20/2014Mindoro Joint Venture Acquires US$8 Million Loan for Agata P...
11/18/2014Mindoro Joint Venture Completes Second DSO Shipment
10/23/2014Mindoro Announces Changes to Board of Directors
10/23/2014Mindoro Announces Completion of First DSO Shipment at Agata
10/16/2014Mindoro Announces Start of DSO Shipping From Agata Project
9/30/2014Mindoro Announces Director and Corporate Secretary Appointme...
9/30/2014Mindoro Adopts Advance Notice Bylaw
8/29/2014Mindoro Announces Board and Management Changes
8/15/2014Mindoro Signs Agreements for Additional 25% in Agata and Tap...
6/17/2014Mindoro Sets Date for Annual and Special Meeting
5/28/2014Mindoro Applies to Delist From ASX
5/5/2014Mindoro Repays Loan
4/28/2014The Agata Mining Joint Venture Receives Declaration of Minin...
2/20/2014Mindoro's 100 Million Red Mountain Shares to be Released fro...
12/10/2013Mindoro Arranges Bridging Loan
10/24/2013Mindoro'S JV Partner Announces Third-Party Investment Opport...
10/18/2013Advises Variation to Agreement for the Sale of Projects to R...
10/1/2013Mindoro Advises Results From Annual And Special Shareholders...
10/1/2013Advises Results from Annual and Special Shareholders Meeting
9/10/2013(Agata)TVI Pacific Inc. and Mindoro Resources Ltd. Announce Robust ...
7/2/2013Mindoro Announces Director And Executive Appointments
6/24/2013Mindoro Secures up to $1.3m Loan and Amends Earn-In Terms
6/24/2013Secures Up to $1.3M Loan and Amends Earn-in Terms
4/11/2013(Agata).: New Resource Estimate for Agata North Provides a Strong F...
3/5/2013.: Red Mountain Mining Discloses Further Drill Results from ...
2/11/2013Red Mountain Mining Discloses New Mineral Resource Estimates...
12/18/2012Mindoro to Appoint New CEO
12/17/2012to Appoint New CEO
12/17/2012to Appoint New CEO
12/17/2012to Appoint New CEO
12/3/2012Investment Red Mountain Mining Discloses High-Grade Gold Res...
11/27/2012Mindoro's Philippines Subsidiary Wins Key Environmental and ...
11/27/2012Philippines Subsidiary Wins Key Environmental and Safety Awa...
10/31/2012Completes A$10 Million Sale of Philippines Gold and Copper-G...
9/7/2012Mindoro Provides Further Update on the Proposed TVI Transact...
9/7/2012Provides Further Update on the Proposed TVI Transaction
9/5/2012Red Mountain Mining Shareholders Approve Purchase of Mindoro...
6/25/2012Mindoro Provides Update on Red Mountain Mining Transaction
5/29/2012Mindoro Proposes Major Restructure of Philippines Assets
5/1/2012Mindoro Files First Quarter 2012 Financial Results and Provi...
2/8/2012(Pan De Azucar)Releases Pan de Azucar Exploration Target and Positive Metal...
11/22/2011Mindoro Trading Halt on ASX
11/14/2011Receives Top Three Awards for Environment and Safety Program...
11/7/2011(Lobo)High-Grade Gold Intercepts in Two More SWB Drill holes, at L...
11/3/2011Mindoro Completes Pre-Feas and Fox-Davies backs with a Buy
11/2/2011Mindoro's Agata Nickel Project Scoping & Pre-Feasibility Stu...
4/21/2011(Agata)Commences Agata Nickel Pre-Feasibility Study and Makes Key A...
3/30/2011(Pan De Azucar)CEO Discusses Agata and Pan De Azucar on Boardroom Radio
3/22/2011(Bolobolo)Drills Further Strong Nickel Intersections from Bolobolo
12/30/2010Retains Investor Relations in Germany and Australia
12/7/2010To Commence Trading on ASX
12/3/2010Gold Fields Commences Drilling on Mindoro's Lobo High Grade ...
11/29/2010Receives Multiple Awards for its Safety, Environment, and Co...
11/26/2010Raises $10.6 Million in Australia and Canada
10/22/2010Prospectus for Secondary ASX Listing
10/16/2010Prospectus Offering in Australia to Raise up to A$10Million
7/15/2010IFC To Invest CAD$2.1 Million In Mindoro
7/6/2010Awarded Commendation by Philippines Government for Coastal M...
6/22/2010Results of Mindoro Annual General Meeting
6/14/2010Reminder for Investor Luncheon for Mindoro Resources Ltd.
6/14/2010IFC Posts Summary of Proposed Investment
6/9/2010Announces Proposed IFC Investment
6/1/2010Gold Fields Commence Drilling Mindoro's Lobo Copper-Gold Tar...
9/3/2009American Tunnels Slideshow
8/2/2009Retains Senergy Communications For Investor Relations Servic...
6/2/2009Sumitomo's Palawan nickel plant starts full-scale operation
2/24/2009will be exhibiting at the Prospectors and Developers Associa...
2/11/2009Japanese Eye Philippines' Resources
2/5/2009Drilling Commences On Mindoro'S Kay Tanda Gold Resource
1/13/2009 Announces Director and Advisory Board Changes
1/13/2009Announces Director And Advisory Board Changes
1/9/2009Shareholder Letter
11/10/2008Joint Ventures on Track for 2009
10/14/2008Reports Further Drill Results from Agata Nickle Laterite Pro...
10/8/2008Shareholder Letter
9/26/2008Announces Proposed IFC Investment
9/23/2008And Avocet Announce Joint Venture On Archangel Project
9/19/2008Retains Richmond Club
5/15/2008Creates Unique Partnership with Small-Scale Miners in the Ph...
4/2/2008Signs Benefits Sharing Agreement With Indigenous Community
4/1/2008at the 2008 Calgary Resource Investment Conference
3/31/2008at the 2008 Rohstoffmesse (Invest Stuttgart) Conference
3/27/2008Mindoro Subsidiary Launches New Website
3/26/2008 Management and Board Changes
3/25/2008Update on Mindoro's Nickel Laterite Projects
2/26/2008Expanded Nickel Laterite Resource Potential Enhances Foundat...
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