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SHAREHOLDER UPDATE
November 26 , 2007
Dear Shareholders:
We continue to receive reports of progress in negotiations with several major mining companies relative to our properties in Chile. Our associate and appointed representative, Les Price is presently in Chile for the next two weeks in order to facilitate these negotiations.
We anticipate further announcements in the near future, and thank our shareholders for their continuing patience as we attempt to achieve the best possible outcome.
The Board of Directors
Cerro Dorado, Inc.
Note: This News Release may contain certain "forward-looking statements" within the meaning of the United States Securities Exchange act of 1934, as amended. All statements, other than statements of historical fact, included in this release, including, without limitation, statements regarding potential mineralization and reserves, exploration results, and future plans and objectives of Cerro Dorado, Inc., are forward-looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate, and actual results and future could differ materially form those anticipated in such statements. Important factors that could cause actual results to differ materially from the Company's expectation are disclosed under the heading "Risk Factors" and elsewhere in documents filed from time to time with the United States Securities and Exchange Commission and other regulatory authorities.
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