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Mediterranean Resources Ltd.

10:01 AM EST - Mediterranean Resources Ltd. : announces results from five infill diamond core holes drilled over the winter at the Tac property. MNR owns 100% of the Corak and Tac advanced exploration properties together with six other properties situated along a continuous 12-kilometre mineralized trend in northeastern Turkey. Highlights: High-grade gold values up to 12.6 g/t over short intervals; Copper values up to 4.5%; an updated Tac resource estimate incorporating current results is expected in mid- 2012. Mediterranean Resources Ltd. shares T.MNR are trading unchanged at $0.14.