Medoro Announces Gold Fields Drops

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, [phone],

info(at)medororesources.com

    (MRL.)