Agata Mining Ventures, Inc. (AMVI) Passes DENR's Audit MANILA, PHILIPPINES--(Marketwired - Feb. 6, 2017) - Mindoro Resources Ltd. (TSX VENTURE:MIO)(FRANKFURT:WKN 906167) ("Mindoro" or the "Company") announces that Agata Mining Ventures, Incorporated ("AMVI"), a company in which Mindoro has a direct and beneficial 40% interest has passed the mining audit conducted by the Philippine Department of Environment and Natural Resources ("DENR") in an announcement made by the DENR on February 2, 2017. The audit conducted by DENR was part of the efforts of the new administration which called for the assessment of all mining companies on the basis of laws related to mine environmental management, safety and health, social development, mining tenement and compliance with the Clean Air, Clean Water, Hazardous Waste and Solid Waste Acts. As a result of the audit, several firms were ordered to close, while some are still under suspension. AMVI, together with 11 other mining companies were allowed to continue.
Mindoro continues to monitor the operations at AMVI operated by TVI Resource Development (Phils.) Inc. ("TVIRD"). It welcomes the news as a great way to start the new year.