Maudore: New 43-101 Resource Estimate More Than Doubles Gold Ounces
In Quebec and Establishes Open Pit Potential

Montreal, Quebec CANADA, August 11, 2010 - Maudore Minerals Ltd. (MAO: TSX-Venture; MAOMF: US OTC; M6L: Frankfurt Exchange) is pleased to report results from a 43-101 compliant Estimate of Mineral Resources for the Comtois Project near Lebel-sur-Quevillon and north of Val-d’Or, Quebec, Canada. The revised estimate including drilling data to the middle of February, 2010, has an Inferred Resource, containing 1.2 million ounces gold, incorporating a high grade capping of 65 g/t Au. Note that for comparative purposes, the estimate would be over 1.4 million ounces uncut. The Inferred Mineral Resource includes: (1) near surface (0 to 150 metre depth) open pit potential of 504,384 ounces at a grade of 3.2 g/t Au using a 1 g/t cut-off, and (2) underground potential (below 150 metres) of 708,409 ounces at a grade of 6.8 g/t Au using a 3 g/t Au cut-off. The minimum width used in calculating the resource was 2 metres.

Ron Shorr, Chairman/CEO of Maudore stated, “We are delighted to significantly boost our resource. The grade of our open pit potential mineralization is favourable compared to similar deposits and operating mines. The underground resource is also of an above-average grade. The growth potential of both components is clearly demonstrated by the intercepts we’ve reported since the resource cut-off date. Notably, many exceptional drill results are coming from areas that until recently received much less drilling than the main Osborne resource area, and they confirm that high grade gold exists at both ends of the 1.5km strike length and remains open. The study provides significant data and insight to assist in planning further exploration and development of the project. An additional 38,500 metres (110 holes) have been completed since the cut-off date for this resource estimate and work has begun to incorporate this into the model.”