Medoro Announces Gold Fields Drops
November 07 2005 - 2:01AM
UK Regulatory
Medoro Resources Announces Gold Fields Drops Monte Ollasteddu Option
TORONTO, Nov. 4 /CNW/ - Medoro Resources Ltd. (TSX-V/AIM:MRL) has been
advised by Bolivar Gold Corp. that Gold Fields Limited has today formally
relinquished its right to earn a 60% interest in the Monte Ollasteddu prospect
in Sardinia from Bolivar Gold, primarily as a result of continuing
difficulties in obtaining drilling permits in a timely fashion.
Bolivar Gold has also advised Medoro Resources that it is reviewing its
position with respect to its option to earn a 70% interest in Monte
Ollasteddu.
The TSX Venture Exchange has not reviewed and does not accept
responsibility for the adequacy or accuracy of this release.
For further information: Peter Volk, Secretary, (416) 603-4653,
info(at)medororesources.com
(MRL.)
END
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