Oro Gold Resources Ltd. (TSX VENTURE:OGR) today announced that the company has formally notified Mazorro Resources Inc. of the termination of the option agreement on the Cimarron property. The press release is quoted as saying: The Company’s wholly owned Cimarron property is located 40 kilometres east of Mazatlan, Mexico on trend with the Historic Rosario [...]
Oro Gold Resources reports gold assay results for a third twin core hole of recent drill program at its Trinidad property, Mexico. The core hole is a twin of RC hole 08TRRC029 which had two corresponding intervals: 1.7 g/t gold over 8.0 metres compared to 5.3 g/t gold over 7.8 metres in the core hole, and 1.8 g/t gold [...]
Oro Gold Resources Ltd. reports gold assay results for a recent completion of 4,000 metre reverse circulation and core drill program in Mazatlan, Mexico. These drill results indicate excellent potential to increase the gold grade and expand the new zone discovered by Oro Gold. This should have a positive impact on the previously reported inferred mineral resource of 200,930 ounces [...]
Oro Gold Resources reports 2 new officers recruited for the position in corporate functions requiring to meet the company’s long-term growth strategy. Larry Okada will be the new Chief Financial Officer and Mimy Fernandez-Maldonado will be the Corporate Secretary for Oro Gold. For full details of this press release, click this link. To view Oro Gold’s company profile, click here. Follow [...]
Oro Gold Resources reports it has completed a second closing of a previously announced non-brokered private placement for an additional 395,000 units at a price of $0.55 per unit. The total financing was 3,280,444 units at a price of $0.55 per unit for gross proceeds of $1.8 million. Oro Gold intends to use the proceeds of the [...]
Oro Gold Resources reports a new surface discovery, “San Cristobal”, at Trinidad property in Sinaloa, Mexico. The new discovery covers a 12 km2 area consisting of hydrothermal breccias and quartz veining in four target zones located in the southeastern corner of the 651 km2 Trinidad property. Frank Powell, Vice President of Oro Gold comments: “We have made [...]
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