Orofino Gold Corp: The Company finds a rich Gold and Silver resource in Colombia.
02 Mai 2013 - 2:09AM
OTC Markets
Orofino Gold Corp: The Company finds a rich Gold and Silver
resource in Colombia.
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Orofino Gold Corp: The Company finds a rich Gold and Silver
resource in Colombia.
PR Newswire
LAS VEGAS, NV, May 1, 2013
LAS VEGAS, NV, May 1, 2013 /PRNewswire/ - Orofino Gold Corp.
("Orofino" or the
"Company") (ORFG.PK) on behalf of Board of Directors the Company
is
pleased to announce that the Company, as a result of
various site
visits and meetings with Colombian and US Geologists who are
well
informed on this area, have estimated that within the areas of
existing
lode mines there are significant amounts of Gold along with Silver
and
Copper. The Company has been focused on the surrounding areas
of
existing gold mines where assays have averaged about 20 grams per
ton
and extensions of known systems run for many hundreds of meters.
The
target is to prove up to more than 1,000,000 ounces of Gold with
a
Silver and Copper credits.
This model is of great interest to the company where the
current
development program is to work the rich gold bearing veins while
the
exploration team targets large, multi-million ounce bulk minable
Gold
deposits.
This model has been proven out by 2 Multi-National Mining Companies
at
La Colossa concession to the south west where they have drilled off
in
excess of 14 million ounces of gold to date.
Price of Gold as of May
1st, 2013 -
USD$ 1463/ounce
For More Information please visit the Orofino Gold website at:
www.orofinogoldcorp.com
Forward-Looking Statements: The statements by our officers, and
other
statements regarding optimism related to the business,
expanding
exploration and development activities and other statements in
this
press release are forward-looking statements within the meaning of
the
Securities Litigation Reform Act of 1995. Such statements are based
on
current expectations, estimates and projections about the
Company's
business. Words such as expects, anticipates, intends, plans,
believes,
sees, estimates and variations of such words and similar
expressions
are intended to identify such forward-looking statements. These
statements are not guarantees of future performance and involve
certain
risks and uncertainties that are difficult to predict. Actual
results
could vary materially from the description contained herein due to
many
risk factors that affect the industry the Company operates in and
other
risk factors listed from time to time in the Company's Securities
and
Exchange Commission (SEC) filings under "risk factors" and
elsewhere.
The forward-looking statements contained in this press release
speak
only as of the date on which they are made, and the Company does
not
undertake any obligation to update any forward-looking statement
to
reflect events or circumstances after the date of this press
release.
SOURCE Orofino Gold Corp.
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