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Annual Information Update

31st Jul 2006 14:30

Medoro Resources Announces the Filing of Amended MD&A TORONTO, July 31 /CNW/ - Medoro Resources Ltd. (TSX-V: MRS/AIM: MRL)announced today that it has filed on SEDAR an amended Management's Discussionand Analysis for the year ended December 31, 2005 to include a discussion ofdisclosure controls and procedures. The previously reported financial resultshave not been restated and remain as reported. This amended Management's Discussion and Analysis replaces and supersedesthe original which should be disregarded from the date of this notice. Medoro Resources is a gold exploration and development company focused onacquiring properties of merit for potential joint ventures with seniorproducers. The company has acquired a 100% interest in the Lo Increible 4A and4B concessions in Venezuela. Further information is available on our websiteat www.medororesources.com. THE TSX VENTURE EXCHANGE HAS NOT REVIEWED AND DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS NEWS RELEASEFor further information: Robert Doyle, Executive Vice President, (416)603-4653, [email protected](MRL) ENDMEDORO RESOURCES LTD

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