MINE Minerco Inc (CE)

Minerco Resources, Inc. (OTCBB: MINE), a progressive developer, producer and provider of clean, renewable energy solutions in Latin America, announced today the company has received formal approval from the surrounding, local communities for its Chiligatoro Hydro-Electric Project.

The approval from local communities surrounding the Chiligatoro Project is another important and necessary step in the process in obtaining Congressional approval for the Project. For a step by step look at the approval process in Honduras, visit our website at www.minercoresources.com/process.php.

The communities of Itibuca, Rio Grande, Planes and Togopala formally submitted their approval in an open Town Hall Meeting to the Itibuca Municipal Council on July 15, 2010. The Municipal Council granted its formal approval for the Chiligatoro Project. This is further evidence that Minerco has the right strategy for developing Clean Energy Projects in the region. Surrounding communities, specifically Rio Grande, are directly affected by all aspects of the development, construction and operations of the Project, as such, it is Minerco's goal to insure a positive impact to all the surrounding communities both for the immediate present and into the future.

As previously released, the Environmental Impact Study and Water Contract for the Chiligatoro Project have been submitted to Secretaria de Recursos Naturales y Ambiente ("SERNA"), Honduras's Natural Resources and Environmental Ministry. The Honduran National Commission of Energy has approved and SERNA has signed the 30 Year Operations Contract for the Chiligatoro Project.

"We are both excited and honored that the communities directly affected by our Chiligatoro Project have given their formal approval. This is another important step for Minerco in realizing its vision to provide clean, green power in Honduras and throughout the region. We look forward to working with the communities as we move forward with the Chiligatoro and future Projects," said V. Scott Vanis, Minerco's President and CEO.

Safe Harbor Statement This release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Act of 1934 that are based upon current expectations or beliefs, as well as a number of assumptions about future events. Although we believe that the expectations and assumptions upon which they are based are reasonable, we can give no assurance that such expectations and assumptions will prove to have been correct. Some of these uncertainties include, without limitation, the company's ability to perform under existing contracts or to procure future contracts. The reader is cautioned not to put undue reliance on these forward-looking statements, as these statements are subject to numerous factors and uncertainties, including without limitation, successful implementation of our business strategy and competition, any of which may cause actual results to differ materially from those described in the statements. We undertake no obligation and do not intend to update, revise or otherwise publicly release any revisions to these forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of any unanticipated events. Although we believe that our expectations are based on reasonable assumptions, we can give no assurance that our expectations will materialize. Many factors could cause actual results to differ materially from our forward-looking statements. C. Jones Consulting, Inc. is being compensated $4000.00/month to handle Investor Relations.

Please contact: C. Jones Consulting, Inc. cjones@cjonesconsulting.com