
ElDore Mining Corporation Limited ("EDM") is a highly successful exploration company with an excellent Team of well seasoned and renowned professionals. EDM is presently exploring the Nalesbitan Gold Project in the Municipality of Labo, Province of Camarines Norte, Philippines.
The company has announced that exploration of the 1134-hectare claim area will shortly delineate a gold mineral resource, which will become the subject of mining scoping studies, to determine the economical feasibility of an open pitiable resource. Management is also reviewing the potential to delineate a porphyry intrusive, at depth and contiguous to the surface gold and copper mineralisation which is currently being defined.
Whilst EDM's primary focus is to progress the Nalesbitan project through to mine feasibility, review of new projects will be undertaken both within and outside of the Republic of the Philippines.
EDM is an Australian based company, which listed on the Australian Stock Exchange ("ASX") on 25 October 2005 after raising A$4 million dollars (A$1 million in oversubscriptions). EDM has offices in both Sydney and Manila.