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Quadro Resources Ltd.

10:37 AM EST - Quadro Resources Ltd. : Announced that it has completed its initial drill program at the Staghorn property and defined a strong 700 meter long gold anomaly at the Long Lake property. These properties combine make up the "Victoria Lake Project", which is adjacent to Marathon Gold Corp.'s Valentine Lake Deposits. The Company's Staghorn and Long Lake projects total 432 claims units for 10,800 hectares. The Staghorn claims are located within the auriferous "Cape Ray Fault Corridor" 30 km southwest of Marathon Gold's Valentine Lake deposits. The Long Lake claims are located north of the Marathon property along a series of possible northeast trending splays related to the Cape Ray fault. Quadro Resources Ltd. shares V.QRO are trading up 4.17 percent at $0.13.