Overview
Oro Gold is a gold exploration company committed to making new discoveries in Mexico and Central America. The company is led by an unparalleled technical team with significant gold resource development experience and a passion for generative exploration. The company is focused on:
Oro Gold’s ultimate goal is to discover a multi-million ounce gold deposit. With the management team focused in laying out the groundwork over the last two years, Oro Gold is now in a position to increase market awareness of their assets, and continue to build relationships with key investors in the capital markets.
Property Portfolio – Mexico

Trinidad District
Highlights:
- Low-cost acquisition by staking Trinidad mine property (650km2)
- Inferred Mineral Resource estimate (NI 43-101 compliant): 200,930 ounces gold (4.5 million tonnes @ 1.40 g/t Au at 0.5 g/t cut-off)
- Mineral resource acquisition and discovery cost < $10 per gold oz
- Over 8,000 metres drilled
- 3 new zones discovered (1.2 million tonnes @ 1.73 g/t Au for 70,000 gold ounces)
- Oxide & heap leachable
- Open pit & underground targets
2008 Work Plan:
- On-going resource modeling
- Drilling to commence Q3 2008
Cimarron (Sinaloa, Mexico)
Highlights
- Resource potential; optioned out to Mazorro Resources Inc.
- Past drilling 0.6 g/t gold over 106 meters (not NI-43-101 compliant)
- High grade channel samples: 11 g/t Au over 3 m; grab samples up to 128.4 g/t Au.
- Currently drilling in Q2 2008
San Isidro (Sinaloa, Mexico)
Highlights
- New discovery
- 10.8 g/t Au over 5.7 metres at surface
El Habal (Sinaloa, Mexico)
Highlights:
- Won in Mexican government lottery
- Past drilling 1.3 g/t gold over 261 meters (not NI-43-101 compliant)
Ixtapan del Oro (Mexico D.F., Mexico)
Highlights:
Optioned out to Rockgate Capital Corp.
Best drill intercept: 0.58 g/t Au over 16.5 m
6 diamond drill holes completed, 929 m.

PROPERTY PORTFOLIO – Panama

Sona (Peninsula, Veraguas Province, Panama)
Highlights:
- Intrusive related gold +/- copper target
- Widespread gold occurrences have been identified through stream sediment sampling
- Sampled 90 drainage basins representing 55% of the property
- 15 basins covering 5 km2 are considered highly anomalous in gold, results range from 0.10 g/t to 2.14 g/t Au.
- In addition, 42 of the 90 basins showed visible gold in panned concentrates.
Cerro Aguiluchio
Highlights:
- A LS epithermal target. Gold values from rock samples returned up to 6.3 g/t Au, and in stream sediment samples up to 535 ppb Au.
- Exploration contracts signed by Minister of Commerce, pending approval by Controlaria and publication in government gazette
Juan Diaz Norte (Azuero Península, Los Santos Province, Panama)
Highlights:
- Disseminated gold mineralization of high sulfidation type.
- Exploration contracts signed by Minister of Commerce, pending approval by Controlaria and publication in government gazette.
Rio Viejo (Azuero Peninsula, Herrera Province, Panama)
Highlights:
- High sulfidation epithermal vein target
- Exploration contracts signed by Minister of Commerce, pending approval by Controlaria and publication in government gazette
Miguelito (Colon and Cocle Provinces, Panama)
Highlights:
- A potential LS epithermal vein target- strategic acquisition located east of Petaquilla
- Exploration contracts signed by Minister of Commerce, pending approval by Controlaria and publication in government gazette
Ambroya (Panamá Province, Panama)
Highlights:
- Porphyry Cu-Au target. Area is recognized for placer gold mining with bedrock source unknown
- Exploration contracts signed by Minister of Commerce, pending approval by Controlaria and publication in government gazette.
Maje (Panamá Province, Panama)
Highlights:
- Similar environment and target concept as Ambroya, located in the eastern Panama Cordillera.
- Exploration contracts signed by Minister of Commerce, pending approval by Controlaria and publication in government
Management
- Darren Bahrey – President & CEO
- Frank Powell – Vice President
- Peter Kendrick, MBA – CFO
- Eric Grill – Senior Project Manager
Independent Directors
- William Threlkeld, P. Geo., M.Sc.
- Robert Kendrick, P.Eng., AMP
- Ron Ewing, B.A.
Directors
- Darren Bahrey – President & CEO
- Peter Kendrick, CFO
|
Search for Oro Gold News
|