September 9, 2008
Mexoro Minerals Retains Haywood Securities Inc. To Sponsor Listing in Canada
CHIHUAHUA, Mexico, Sept. 9 /PRNewswire-FirstCall/ -- Mexoro Minerals Ltd. Retains Haywood Securities Inc. of Toronto, Canada to Sponsor Its Listing In Canada. (BULLETIN BOARD: MXOM) (Frankfurt: OYA1).
Mexoro Minerals Ltd. is pleased to announce that it has retained the services of Haywood Securities of Toronto, Canada to sponsor the listing of the common shares of Mexoro Minerals Ltd. on the TSX or TSX-V exchange. Mario Ayub, President of Mexoro says, "Having the sponsorship of one of the premier Canadian brokerage firms is a great benefit to Mexoro. As well, if we qualify, listing on the Canadian Exchange should enhance our profile in the Canadian and international mining sector."
Mexoro Minerals Ltd., is an exploration company focused on exploring for precious metals in the traditionally mineral rich Sierra Madre region of Chihuahua, Mexico which controls three historical gold-silver mines for which additional exploration has confirmed significant mineral potential. Dana C. Durgin, M. Sc. Economic Geology has recently calculated an inferred mineralization of 14.86 million tons @ 2.12 g/t gold equivalent on the Cieneguita property. The Company also has claims on additional properties, in the state of Chihuahua.
The qualified person who has done the geologic modeling and the resource calculation and has reviewed this news release is Dana C. Durgin, M. Sc. Economic Geology. He is a Certified Professional Geologist (CPG #10364) with the American Institute of Professional Geologists, and a Registered Professional Geologist in Wyoming (PG-2886).
This Press Release contains certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The Company has tried, whenever possible, to identify these forward-looking statements using words such as "anticipates,""believes,""estimates,""expects,""plans,""intends,""potential" and similar expressions. These statements reflect the Company's current beliefs and are based upon information currently available to it. Accordingly, such forward-looking statements involve known and unknown risks, uncertainties and other factors which could cause the Company's actual results, performance or achievements to differ materially from those expressed in or implied by such statements. The Company undertakes no obligation to update or advise in the event of any change, addition or alteration to the information catered in this Press Release including such forward-looking statements.
Cautionary Note to US Investors:
All mineral material have been calculated in accordance with the definition standards on mineral resources and mineral reserves of the Canadian Institute of Mining, Metallurgy and Petroleum referred to in Canadian National Instrument 43-101, commonly referred to as NI 43-101. U.S. SEC reporting requirements for disclosure are governed by SEC Industry Guide 7. NI 43-101 and Industry Guide 7 differ materially.
The United States Securities and Exchange Commission limits disclosure for U.S. reporting purposes to mineral deposits that a company can economically and legally extract or produce. We use certain terms in this press release, such as "reserves,""resources,""geologic resources,""proven,""probable,""measured,""indicated," or "inferred" which may not be consistent with the reserve definitions established by Industry Guide 7. U.S. investors are urged to consider closely the disclosure in our filings with the SEC. You can review and obtain copies from the SEC website at http://www.sec.gov/edgar.shtml
Corporate Headquarters Mexoro Minerals Ltd. C. General Retana #706 Col. San Felipe C.P. 31203 Chihuahua Chih. Mx Investor Relations +1 (613) 224-4646
Mexoro Minerals Ltd.
CONTACT: Investor Relations of Mexoro Minerals Ltd., +1-613-224-4646