News Releases

Vancouver, B.C. and Lima, Peru, August 14, 2009. Panoro Minerals Ltd. (TSX Venture Exchange - PML) ("the Company") announces that effective August 13, 2009, Mr. Helmut Wöber has resigned as a Director of Panoro Minerals Ltd.

The Board thanks Mr. Wöber for his dedicated service to the Company, serving as a Director for 11 years and CEO from 1999 to April 2008. During that time, amongst other achievements, he was instrumental in the acquisition of the Company's major portfolio of properties in Peru. These properties are now the focus of Panoro's growth strategy.

On behalf of the Board of
Panoro Minerals Ltd.

Luquman Shaheen, M.B.A., P.Eng., P.E.
President, CEO and Director

ABOUT PANORO

Panoro Minerals Ltd. is a Canadian mineral exploration company trading on the TSX Venture Exchange (PML) and on the Frankfurt Stock Exchange (PZM, WKN 914959) and on the Junior Board of the Lima Exchange. Panoro's strategic focus is on exploring for large-potential gold and copper/gold deposits in countries with the corresponding geological potential and where the right political and economic conditions are present. For investor inquiries please call 604-684-4246, e-mail info@panoro.com or visit the company's website at www.panoro.com

This release was prepared by management of the Company who takes full responsibility for its contents. The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this news release.



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