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<DIV style="width:960px"><P style="line-height:16pt; margin:0px; font-size:14pt" align=center><B>UNITED STATES</B></P>
<P style="line-height:16pt; margin:0px; font-size:14pt" align=center><B>SECURITIES AND EXCHANGE COMMISSION</B></P>
<P style="line-height:14pt; margin-top:0px; margin-bottom:32px; font-size:12pt" align=center><B>Washington, D.C. &nbsp;20549</B></P>
<P style="line-height:16pt; margin-top:0px; margin-bottom:37.333px; font-size:14pt" align=center><B>FORM 8-K</B></P>
<P style="line-height:14pt; margin-top:0px; margin-bottom:16px; font-size:12pt" align=center><B>CURRENT REPORT<BR>
Pursuant to Section&nbsp;13 or 15(d) of the Securities Exchange Act of 1934</B></P>
<P style="line-height:14pt; margin-top:0px; margin-bottom:40px; font-size:12pt" align=center>Date of Report (Date of earliest event reported): &nbsp;<B>May 12, 2010</B></P>
<P style="line-height:20pt; margin:0px; font-size:18pt" align=center><B>Mexoro Minerals Ltd.</B></P>
<P style="margin-top:0px; margin-bottom:33.333px" align=center>(Exact name of registrant as specified in its charter)</P>
<TABLE style="font-size:10pt" cellspacing=0 align=center><TR height=0 style="font-size:0"><TD width=192></TD><TD width=168></TD><TD width=222></TD></TR>
<TR><TD valign=top width=192><P style="line-height:14pt; margin:0px; font-size:12pt" align=center><B>Colorado</B></P>
</TD><TD valign=top width=168><P style="line-height:14pt; margin:0px; font-size:12pt" align=center><B>000-23561</B></P>
</TD><TD valign=top width=222><P style="line-height:14pt; margin:0px; font-size:12pt" align=center><B>84-1431797</B></P>
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<TR><TD valign=top width=192><P style="line-height:11pt; margin:0px; font-size:9pt" align=center>(State or other jurisdiction of incorporation)</P>
</TD><TD valign=top width=168><P style="line-height:11pt; margin:0px; font-size:9pt" align=center>(Commission File Number)</P>
</TD><TD valign=top width=222><P style="line-height:11pt; margin:0px; font-size:9pt" align=center>(IRS Employer Identification No.)</P>
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<P style="margin-top:0px; margin-bottom:24px" align=justify><BR></P>
<P style="line-height:14pt; margin:0px; font-size:12pt" align=center><B>Mountain View Center</B></P>
<P style="line-height:14pt; margin:0px; font-size:12pt" align=center><B>12303 Airport Way, Suite&nbsp;200</B></P>
<P style="line-height:14pt; margin:0px; font-size:12pt" align=center><B>Broomfield, CO 80021</B></P>
<P style="margin:0px" align=center>(Address of principal executive offices) (Zip Code)</P>
<P style="margin:0px" align=center><BR></P>
<P style="line-height:14pt; margin:0px; font-size:12pt" align=center><B>(303)&nbsp;327 1587</B></P>
<P style="margin:0px" align=center>Registrant&#146;s telephone number, including area code</P>
<P style="margin:0px" align=center><BR></P>
<P style="line-height:14pt; margin:0px; font-size:12pt" align=center><B>Not applicable</B></P>
<P style="margin-top:0px; margin-bottom:13.333px" align=center>(Former name or former address if changed since last report)</P>
<P style="margin:0px; padding-bottom:4px; border-bottom:2px solid #000000" align=center><BR></P>
<P style="margin-top:6.667px; margin-bottom:0px"><BR></P>
<P style="margin-top:8px; margin-bottom:0px">Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions: </P>
<P style="margin:0px; font-size:7.5pt">&nbsp;</P>
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<TR><TD valign=top width=38.4><P style="margin:0px; font-family:Wingdings" align=justify>o</P>
</TD><TD valign=top width=921.6><P style="margin:0px" align=justify>Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) </P>
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<P style="margin:0px; font-size:7.5pt">&nbsp;</P>
<TABLE style="font-size:10pt" cellspacing=0><TR height=0 style="font-size:0"><TD width=38.4></TD><TD width=921.6></TD></TR>
<TR><TD valign=top width=38.4><P style="margin:0px; font-family:Wingdings" align=justify>o</P>
</TD><TD valign=top width=921.6><P style="margin:0px" align=justify>Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) </P>
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<P style="margin:0px; font-size:7.5pt">&nbsp;</P>
<TABLE style="font-size:10pt" cellspacing=0><TR height=0 style="font-size:0"><TD width=38.4></TD><TD width=921.6></TD></TR>
<TR><TD valign=top width=38.4><P style="margin:0px; font-family:Wingdings" align=justify>o</P>
</TD><TD valign=top width=921.6><P style="margin:0px" align=justify>Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) </P>
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<P style="margin:0px; font-size:7.5pt">&nbsp;</P>
<TABLE style="font-size:10pt" cellspacing=0><TR height=0 style="font-size:0"><TD width=38.4></TD><TD width=921.6></TD></TR>
<TR><TD valign=top width=38.4><P style="margin:0px; font-family:Wingdings" align=justify>o</P>
</TD><TD valign=top width=921.6><P style="margin:0px" align=justify>Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) </P>
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<P style="margin-top:0px; margin-bottom:-16px; padding-left:72px; text-indent:-72px"><B>Item&nbsp;5.02. </B></P>
<P style="margin:0px; padding-left:72px"><B>Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.</B></P>
<P style="margin-top:9.067px; margin-bottom:0px">On May 12, 2010, Mr. Francisco &#147;Barry&#148; Quiroz, a Director of Mexoro Minerals Ltd., a Colorado corporation (the &#147;Company&#148;), notified the Board of Directors of the Company of his resignation from the Board of Directors effective immediately. &nbsp;Mr. Quiroz did not resign as a Director as the result of any disagreement with the Company on any matter relating to the Company&#146;s operations, policies, or practices.</P>
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<P style="line-height:16pt; margin-top:0px; margin-bottom:28px; font-size:14pt" align=center><B>SIGNATURE</B></P>
<P style="margin-top:0px; margin-bottom:20px">Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.</P>
<P style="margin-top:0px; margin-bottom:40px; padding-left:336px; font-family:Times New Roman Bold" align=justify><B>MEXORO MINERALS LTD.</B></P>
<P style="margin-top:0px; margin-bottom:-16px" align=justify>Dated: &nbsp;May 18, 2010 </P>
<P style="margin:0px; text-indent:336px" align=justify>By: &nbsp;<U>/s/ George Young</U></P>
<P style="margin:0px; padding-left:360px" align=justify>Name: George Young</P>
<P style="margin:0px; padding-left:396px; text-indent:-36px">Title: &nbsp;President</P>
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<!-- EDGAR Validation Code: 03AAE7D4 -->
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{"company-data": {"conformed-name": "MEXORO MINERALS LTD", "cik": "0001046672", "assigned-sic": "1040", "irs-number": "841431797", "state-of-incorporation": "CO", "fiscal-year-end": "0213"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "000-23561", "film-number": "10841942"}, "business-address": {"street1": "MOUNTAIN VIEW CENTER", "street2": "12303 AIRPORT WAY, SUITE 200", "city": "BROOMFIELD", "state": "CO", "zip": "80021", "phone": "303-327-1587"}, "mail-address": {"street1": "MOUNTAIN VIEW CENTER", "street2": "12303 AIRPORT WAY, SUITE 200", "city": "BROOMFIELD", "state": "CO", "zip": "80021"}, "former-company": {"former-conformed-name": "SUNBURST ACQUISITIONS IV INC", "date-changed": "19970924"}}
Converted by EDGARwiz
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C.  20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported):
May 12, 2010
Mexoro Minerals Ltd.
(Exact name of registrant as specified in its charter)
Colorado
000-23561
84-1431797
(State or other jurisdiction of incorporation)
(Commission File Number)
(IRS Employer Identification No.)
Mountain View Center
12303 Airport Way, Suite 200
Broomfield, CO 80021
(Address of principal executive offices) (Zip Code)
(303) 327 1587
Registrant's telephone number, including area code
Not applicable
(Former name or former address if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
o
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
o
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
o
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
o
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Item 5.02.
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On May 12, 2010, Mr. Francisco "Barry" Quiroz, a Director of Mexoro Minerals Ltd., a Colorado corporation (the "Company"), notified the Board of Directors of the Company of his resignation from the Board of Directors effective immediately.  Mr. Quiroz did not resign as a Director as the result of any disagreement with the Company on any matter relating to the Company's operations, policies, or practices.
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
MEXORO MINERALS LTD.
Dated:  May 18, 2010
By:
/s/ George Young
Name: George Young
Title:  President