September 23, 2003

News Release: Magnum acquires two intriguing properties bordering Ivanhoe

Mr. Reno J. Calabrigo, President of Magnum d'Or Resources Inc. (Magnum), a junior resource exploration development Company is pleased to announce that further to its' initial news release of July 30, 2003, the Company has signed an agreement on two highly prospective gold properties in Mongolia bordering the famous Ivanhoe Mines licenses, and the existing Shandi property.

The two highly prospective licenses neighboring Ivanhoe Mines and the Shandi Property have recently had work programs, which resulted in the discovery of the 'North Zone'in property one and the 'East Zone'the second property. The 'North Zone'discovery has an identified area of high mineral potential; the North Zone exploration program resulted in encouraging assay values from samples, which realized both copper and gold values. Other areas also showed very high potential for mineral exploration and will be further pursued in an initial work program. Based on fieldwork it is recommended that the North Zone undergo additional geological mapping, rock and soil sampling, and Induced Polarization surveys to help define the possibilities of a significant new discovery. Future work is also highly recommended on the other prospective areas within the North Zone that were previously identified in the program. In the identification of 'The East Zone,'the second property, the East Zone is described as an epithermal-magnetite occurrence similar to a Nevada type occurrence giving immediate elevated nickel and cobalt values. In addition, the zone is coincident with a geophysical high, which extends in an east-west direction for 5 km. This zone may be representative of a porphyry/skarn occurrence and endures the possibility of significant mineralization.

The Company plans to release the results of the work program in short order. Under the terms of the agreement, Magnum has an exclusive right to earn a 100% interest on these properties; terms of which involve cash considerations, and the issuance of shares along with working commitments through three specific phases.

Mr. Calabrigo and the Board of Magnum are enthusiastic about the two new acquisitions. The two properties not only possess the immediate potential for significant mineralization in Mongolia as companies are currently discovering they have specific areas which are understood to be highly prospective with enticing surface samples and an ideal geological setting. 'The blue sky potential remains a constant factor in our quest for a major deposit. However, the two recent reports on our new acquisitions with the highlighted mineralized areas will give us a strong focus, and a clear target for a very aggressive work-program,'stated Mr. Calabrigo.

A number of statements contained in this press release are forward- looking statements that are made pursuant to the Safe Harbor provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements involved a number of risks and uncertainties including but not limited to, competitive market conditions, successful integration of acquisitions, and the ability to secure additional sources of financing. The actual results that Magnum may achieve could differ materially from any forward-looking statements due to such risks and uncertainties.

SOURCE Magnum d'Or Resources Inc.

MAGNUM d'Or RESOURCES INC., www.magnumexploration.com, contact: Reno J. Calabrigo, President, Telephone: (416) 200-1958, Email: This email address is being protected from spambots. You need JavaScript enabled to view it. (MAGR)

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