Friday, March 2, 2012

Mundoro Mining Inc. Status Update Conference Call; Tuesday, November 22 at 9am (Pacific)

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - Nov. 21, 2005) -Mundoro Mining Inc. (TSX:MUN) announces that it will host a publicconference call at 9am Pacific Time on Tuesday, November 22, 2005 toprovide clarification on the status of its joint venture operatingcompany in China (Liaoning Tianli Mining Company Ltd.) and to providean update on the Maoling Gold Project. The live conference accessnumbers are:

Toll Free (North America): 1-866-322-8798

Local / International: 416-640-3407

The conference call and recording will be web-cast, accessible atthe following internet address:

http://viavid.net/dce.aspx?sid=00002B86

Mundoro's management team will discuss the Company's currentactivities and market reaction to recent announcements on the statusof license renewals.

About Mundoro Mining Inc.

Mundoro Mining Inc. is a TSX listed resource company focused onthe exploration and development of the multi-million ounce,feasibility stage Maoling gold deposit in Liaoning Province, China.The Company has a 79% interest in the project through a Sino-Foreignco-operative joint venture with the corporate arm of the Liaoningprovincial government, and has been aggressively exploring the 20square kilometer exploration license area. Thus far, two depositsthat outcrop at surface have been outlined at Maoling in whichdisseminated, free-milling gold mineralization occur within asequence of metasedimentary rocks. A pre-feasibility study completedin June of 2005 outlined a Probable Reserve of 2.8 million ounces anddemonstrated the economic viability of developing a large-scale open-pit mine on the Zone 1 orebody to produce an average of approximately328,000 ounces of gold per year over 8 years. Significant opportunityremains to both optimize the mine's design and to expand the overallresource-base for consideration in a definitive feasibility studybeing undertaken by an international team of engineers andenvironmental experts including Ausenco Limited and Golder AssociatesPty Limited.

The statements herein that are not historical facts are forward-looking statements. These statements address future events andconditions and so involve inherent risks and uncertainties, asdisclosed under the heading "Risk Factors" in the company's periodicfilings with Canadian securities regulators. Actual results coulddiffer from those currently projected. The Company does not assumethe obligation to update any forward-looking statement.

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