Thursday, July 17, 2008

Medoro Resources Announces Drilling Results

Medoro Resources Ltd announced today further diamond drilling results from its Lo Increible gold properties located in the El Callao mining district in Venezuela.
Highlights include Hole 348 at El Tapon which intercepted 11.9 metres at a gold grade of 16.5 grams per tonne (g/t). Additionally, holes 327 and 310 at El Tapon had intercepts of 7.0 metres grading 25.0 g/t and 15.3 metres at a grade of 9.0 g/t respectively. The program, consisting of 94 holes totalling 16,000 metres at La Cruz (25), La Sofia (18), El Tapon (30), Tibaire (1), La Loca (10) and Los Gritos (10), was designed to expand and upgrade current resources.

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