Oro Gold Resources fka OGRSF

[Snoopyluvgrl]

Oro Gold Resources Ltd.
Mar 31, 2010 08:30 ET
Oro Gold Commences Drilling on New Gold Discovery at San Cristobal, Sinaloa, Mexico

VANCOUVER, BRITISH COLUMBIA--(Marketwire - March 31, 2010) - Oro Gold Resources Ltd. ("Oro Gold" or "Company") (TSX VENTURE:OGR) announces that it has mobilized a second drill rig to commence drilling on the San Cristobal project, located 12km southeast of the Taunus Project, near Mazatlan. San Cristobal was recently discovered by Oro Gold's team as part of the Trinidad District regional exploration program.

The plan is to complete an approximate 1,200-metre reverse circulation (RC) drill program to test an extensive 3,000m by 500m anomaly defined by soil, trench sampling, and geological mapping (see attached map at end of press release). The anomaly is open in several directions, and the current work program is defining additional gold-bearing zones on the adjoining Oro Gold concessions located to the east within the northwest-southeast regional trend.

"The San Cristobal target is a very significant target because of its large footprint being over 3 kilometres long and shows some good grades at surface ranging from 1 to 4 g/t gold, up to 62 g/t gold, in quartz stockwork vein zones. While the area is still at an early stage, we believe the San Cristobal target has the potential to add to our existing resource base on the Trinidad project and confirm our theories about the significance of the Trinidad district being a new gold mineral belt," stated Frank Powell, Vice President of Oro Gold.

This first phase drill program at San Cristobal is part of a larger exploration program at Trinidad, which is focused on the Taunus target where a 10,000 metre drilling program is underway. This program is designed to accomplish the following:

- Discover new zones in the Taunus area;

- Expand the known gold zones, both near surface, and at depth;

- Deeper drilling to discover the source of the high-grade gold zones at Taunus; and

- Drill-test additional priority gold targets outside of the Taunus area in the Trinidad district, including the San Cristobal target.

Quality Assurance - Quality Control

The Trinidad project exploration is under the direction of Frank Powell, Executive Vice President Oro Gold Resources Ltd. Gary Lustig, P.Geo, a qualified person as designated by National Instrument 43-101 has reviewed the technical content of this release. Thorough quality assurance and quality control program (QA/QC) protocol will be utilized on the project including duplicate, blank and standard samples with each batch of assays. The core samples will be submitted directly to Inspectorate de Mexico, S.A de C.V. for preparation in Durango, Mexico, and analysis in Reno, Nevada. Analysis will be conducted on 1 assay ton samples with over 20% as QA/QC samples. Analysis of gold will be by fire assay, with a gravimetric finish on samples exceeding 5 g/t gold. The gravimetric assay results will be used for the reported composite intervals.

About Oro Gold

Oro Gold is a publicly-listed junior gold exploration company with 11 projects located in Mexico and Panama. The district scale Trinidad property continues to be the company's top priority project and the main focus of exploration and resource definition efforts. Oro Gold's corporate mandate is to maintain low costs in gold resource acquisition and discovery while growing the company's gold assets to attract producing companies.

To view the maps accompanying this news release, please click on the following link: http://media3.marketwire.com/docs/ogr331m.pdf

ON BEHALF OF THE BOARD OF DIRECTORS

Darren Bahrey, President and CEO

Some statements in this release may contain forward-looking information. These statements include, but are not limited to, statements with respect to future exploration, development and production activities and future expenditures. These statements address future events and conditions and, as such, involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the statements. Such factors include, among others, the time and success of future exploration, development and production activities and the timing and amount of expenditures.

Neither the TSX Venture Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release.

[tsl444]

Update From Trinidad Site - 10/15/09


As of October 15, 2009

Taunus

* Total diamond drill holes completed: 29 (6,500m drilled to date) - click here to view drill hole location map.

* Hole 09TR028: (completed) - Step-Out - objective is to test the down-dip extension of mineralization in hole 08TR014 (7.8m @ 5.3 g/t gold and 7m @ 9.7 g/t gold), extending the HS Zone to the south. The hole was completed to a depth of 295m.

* Hole 09TR029: (completed) - Step-Out - objective is to test a geophysical anomaly (similar to what is observed in the New Discovery Zone, now called the HS Zone). This hole is a 300-metre step-out located on trend to the north between Bocas and the HS Zone. The hole ws completed down to a depth of 205m.

* Hole 09TR030: (ongoing) - Step-Out - objective is to test the near surface potential of the Bocas zone north of hole 29. The target depth is 250m.

* Hole 09TR031: (ongoing) - Step-Out - objective is to expand the HS Zone to the west. The target depth is 325m.

* Assays pending for hole 27, 28 and 29. Current turn-around time for completing a drill hole and reporting assays is taking 6 to 8 weeks - with ongoing initiatives taking place to improve it.


Trinidad District

* Surface exploration ongoing at El Habal prospect (located 15 km west-northwest of Taunus), which included mapping and sampling in an area that previously reported an RC drill hole interval (40 metres below surface) of 1.3 g/t gold over 261 metres (not NI-43-101 compliant); drill targets are being prioritized.
* Surface exploration on-going in the northern and western portions of the Trinidad property where accessibility is possible during the on-going "wet" season, which includes prospecting, mapping, sampling and trenching in various areas to identify and prioritize drill targets. Drill-testing is planned during the dry season - latter part of Q4 and early 2010.

[tsl444]

Updated drill map...

[tsl444]

Oro Gold Adds Third Drill Rig at High-Grade Trinidad Gold Project, Mexico

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Oct. 7, 2009) - Oro Gold Resources Ltd. ("Oro Gold" or the "Company") (TSX VENTURE:OGR) announced today that a third diamond drill rig has been mobilized to test developing gold targets at the Company's Trinidad Gold project in Sinaloa State, Mexico. The third rig allows the Company to accelerate step-out drilling with the objectives of: 1) expanding high-grade gold zones at the Taunus, Bocas and Colinas targets, and 2) testing new gold targets identified nearby.

Approximately 6,000 metres in 29 diamond drill holes have been completed to date at Trinidad. Recovery of drill intervals in the oxide and clay-rich gold mineralized breccia zone has substantially improved to above 80-90%. Due to difficult ground conditions, the Company continues to experience slower-than-normal drilling rates. The drills are currently averaging about 20 metres per day. The Company has brought in a specialist to determine options for increasing drill production while maintaining high core recovery and completing holes to target depth.

Recent assay results from hole 09TR025 (3.6 g/t gold over 81.8 metres, including 7.1 g/t gold over 31.9 metres-see press release dated September 9, 2009) reported one of the longest gold mineralized intervals to date. This drill intercept confirms the continuity and horizontal-tabular shape of the high-grade gold zone which remains open and untested to the west, south and north. These results will add to the current gold resource in the Inferred category.

The Company is currently drilling step-out holes to the south of the new discovery zone (09TR027 and 028), and also to the north towards the Bocas target (09TR029). A map of the drill hole locations with reference to the high-grade gold new discovery zone can be viewed by clicking here ( http://www.orogoldresources.com/oro/userfiles/Trinidad_targets_Sept_29_2009_web.jpg ). This zone is now named the HS Zone.

Significant previously reported gold intervals in diamond drill holes in the HS Zone are as follows:

 
 ---------------------------------------------------------------------------- 
 Core Hole               From (m)      To (m)     Interval (m)     Gold (g/t) 
 ---------------------------------------------------------------------------- 
 08TR012                   151.0       212.1             61.1            8.5 
 ---------------------------------------------------------------------------- 
 08TR013                   147.0       180.6             33.6            3.8 
 including                 160.9       168.2              7.3           15.8 
 ---------------------------------------------------------------------------- 
 08TR014                   106.2       114.0              7.8            5.3 
 and                       131.0       138.0              7.0            9.7 
 ---------------------------------------------------------------------------- 
 09TR015                   124.0       189.9             65.9            5.3 
 including                 124.0       166.5             42.5            7.6 
 ---------------------------------------------------------------------------- 
 09TR016                   160.9       221.5             60.6            3.4 
 including                 160.9       197.4             36.5            5.2 
 ---------------------------------------------------------------------------- 
 09TR019                   178.5       208.5             30.0            6.3 
 including                 192.0       196.5              4.5           17.6 
 ---------------------------------------------------------------------------- 
 09TR020                   165.0       177.9             12.9            4.1 
 and                       221.5       234.9             13.4            5.3 
 ---------------------------------------------------------------------------- 
 09TR022                    25.7        31.1              5.4            1.6 
 and                       120.0       140.9             20.9            8.6 
 including                 120.0       130.1             10.1           17.4 
 ---------------------------------------------------------------------------- 
 09TR023                  259.10      276.90             17.8            1.5 
 including                271.10      276.90              5.8            3.8 
 ---------------------------------------------------------------------------- 
 09TR025                   151.0      232.75            81.75            3.6 
 including                167.25       199.1            31.85            7.1 
 including                178.85       199.1            20.25           10.2 
 ---------------------------------------------------------------------------- 
 

About Taunus

Taunus, the Trinidad property's key gold target to date, is situated in an 80 kilometre-long, northwest-trending structural corridor in what the Company references as the Trinidad district. The Taunus gold deposit is interpreted to be hosted in a local pull-apart basin within this corridor.

Mineralization at the Taunus gold target is interpreted to be an oxidized, low-to-intermediate sulphidation, epithermal vein system. The mineralization is characterized by multiphase stockwork veining and hydrothermal brecciation hosted in a clastic unit, quartz-feldspar porphyry intrusive and andesite volcanics. Oro Gold has identified 10 other gold targets within the 650-square-kilometre Trinidad district that are being followed-up.

About Oro Gold

Oro Gold is a publicly-listed junior gold exploration company focusing on gold exploration in Mexico and Panama. The Company's wholly-owned Trinidad property located in Sinaloa State, Mexico continues to be the main focus of exploration and resource definition efforts. Oro Gold's corporate mandate is to increase shareholder value by discovering and defining a multi-million ounce gold deposit that attracts senior gold producers.

ON BEHALF OF THE BOARD OF DIRECTORS

Darren Bahrey, President and CEO

Some statements in this release may contain forward-looking information. These statements include, but are not limited to, statements with respect to future exploration, development and production activities and future expenditures. These statements address future events and conditions and, as such, involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the statements. Such factors include, among others, the time and success of future exploration, development and production activities and the timing and amount of expenditures.

Neither the TSX Venture Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release.

[tsl444]

Update From Trinidad Site (9/29)


As of September 29, 2009

Taunus

* Total diamond drill holes completed: 27 (5,800m drilled to date) - click here to view drill hole location map.

* Hole 09TR027: (completed) - objective is to extend the high-grade gold zone south of hole 19 (30m @ 6.3 g/t gold), and to define shape and controls of the zone. Total depth: 327m

* Hole 09TR028: (ongoing) - objective is to test the down-dip extension of mineralization in hole 08TR014 (7.8m @ 5.3 g/t gold and 7m @ 9.7 g/t gold). The targets are predicted between 220-275 metres depth. Total planned depth is 300m.

* Hole 09TR029: (ongoing) - objective is to test a geophysical anomaly (similar to what is observed in the New Discovery Zone). This hole is a 300-metre step-out located on trend to the north between Bocas and the New Discovery Zone. Total planned depth is 250m.

* Assays pending for hole 27. Current turn-around time for completing a drill hole and reporting assays is taking 6 to 8 weeks - with ongoing initiatives taking place to improve it.


Trinidad District

* Surface exploration ongoing at El Habal prospect (located 15 km west-northwest of Taunus) including mapping and sampling in an area that previously reported an RC drill hole interval (40 metres below surface) of 1.3 g/t gold over 261 metres (not NI-43-101 compliant); drill targets are being prioritized.
* Surface exploration on-going on the remainder of the Trinidad property including prospecting, mapping, sampling and trenching in various areas to identify and prioritize drill targets. Drill-testing is planned during the dry season - latter part of Q4 and early 2010.

[tsl444]

Update From Trinidad Site


As of September 14, 2009

Taunus

* Total diamond drill holes completed: 26 (5,115m drilled to date) - click here to view drill hole location map

* Hole 09TR025: (completed depth 287m) - objective was: (i) to extend high-grade zone (>5 g/t gold) 50 metres west of holes 12/15/16; (ii) to show continuity with the gold zone in diamond hole 19, and (iii) define high-grade shape as well a predictive geology model. The mineralized zone was predicted to be intersected from 151m to 233m with an average of 3.6 g/t gold. All three objectives were reached.

* Hole 09TR026: (lost at 264m) - objective was to follow-up testing another high-grade target 200 metres south of the area of holes 12/15/16, about 35m north of hole 20 (12.9m @ 4.1 g/t gold and 13.4m @ 5.3 g/t gold) which confirmed high-grade mineralization at depth in this area. 09TR026 was lost within 5 metres of reaching its target near vertical mineralization at the southern end of the pit. This target will be re-drilled.

* Hole 09TR027: (lost at 74m) - objective was to extend the high grade zone over 100 metres south of hole 19 (30m @ 6.3 g/t gold), and to define the shape and controls of the zone. Total planned depth was 325m. It is currently being re-drilled as 09TR027A.

* Hole 09TR027A: (current depth 126m) - objective is as stated for 09TR027 hole. Total planned depth is 325m.

* Hole 08TR028: (just starting) - objective is to test the down-dip extension of mineralization in hole 08TR014 (7.8m @ 5.3 g/t gold and 7m @ 9.7 g/t gold). This mineralization in the centre of the zone is believed to be near vertical. The expected targets are respectively 75m and 125m below the two mineralized zones in hole 14. Total planned depth is 300m.

* Processing of geophysical test-lines over the new discovery zone area was completed. Results are encouraging and we will now proceed with the full survey.

* Next drill press release will report assays for for hole 27A to 29. An exploration target identified by the geophysics located 300 metres north of the main mineralized zone in Bocas will be drilled next. Current turn-around time for completing a drill hole and reporting assays is taking 6 to 8 weeks - with ongoing initiatives taking place to improve it.


Trinidad District

* Surface exploration ongoing at El Habal prospect (located 15 km west-northwest of Taunus) including mapping and sampling in an area that previously reported an RC drill hole interval (40 metres below surface) of 1.3 g/t gold over 261 metres (not NI-43-101 compliant); drill targets are being prioritized.
* Surface exploration on-going on the remainder of the Trinidad property including prospecting, mapping, sampling and trenching in various areas to identify and prioritize drill targets. Drill-testing is planned during the dry season - latter part of Q4 and early 2010.

[timhyma]

oops, you are correct, bad math on my account, lol. I need to dig up that old peice on how to evaluate a miner. I'll post it on the smallcap board

[tsl444]

Uhh...wait a second.

5 gpt x 5MM tonnes = 25MM grams

That's about 806K ounces x 1000 = $806,000,000

So you could take a percentage of that as one estimate of valuation (say 2-10%). Another way is to multiply ounces by whatever you think a takeover value might be, say $50-100/ounce.

806K ounces @ $100/oz takeover valuation = 80,600,000

That would put the company at almost $1/share using the fully-diluted share count. So you could say the market has priced in about 600K ounces roughly. That assigns no value to any of the other properties. El Habal, which is being explored now, had a historical drill hole of 300M at .90 gpt, which looks like it might have some size to it.

Exploration is a tricky business for sure. Oro has had some problems getting drill holes completed such as one of the holes in this batch. Hopefully they can tweak their approach to minimize that going forward. Getting a third rig mobilized will help pick up the pace, too. That is planned for Q4.

tsl

[timhyma]

5 grams per ton+5mil ton= 1mil grams divided by 31.2= 35K ounces.

At 1K gold, revenues for reserves would be $35mil. Now, need to figure out the cost to get it out of the ground, and determine if it worthwhile <bg>

[tsl444]

Tim - There is a 43-101 resource of 200K inferred ounces of gold for the property. The goal of the company is to prove up at least 1MM ounces. You can do some rough calculations by making estimates at average grade, size of deposit and weight of the rock (specific gravity), but I don't believe that approach is very reliable.

Q: How many ounces do you think you now have at Trinidad, and what are you targeting?

A: We believe we are significantly adding to the resource; however we cannot disclose a number until we have a revised NI-43-101 resource estimate. Our internal goal for this next step in our exploration activity is to focus on the high-grade gold zones that could potentially represent more than 5 million tonnes having a gold grade above 5 grams per tonne (in the Inferred resource category), and of course with very significant upside remaining on the property.

[timhyma]

OK, so for a layman like me- what would be a good guess on reserves? How many recoverable ounces do you think are there, based on these drill results? There should be some mathmatical formula for that, lol

[tsl444]

Tim - guessing at a number of ounces at this point is speculation. There is no question that 81.8 meters of 3.6 gpt is going to add to that number though. There are a couple of things that we got from the news today. One is that the results from the new discovery zone at Taunus are very good and consistent with what has been seen to date. Here is what the company said:

Hole 09TR025: (completed depth 287m) - objective was: (i) to extend high-grade zone (>5 g/t gold) 50 metres west of the new discovery zone are (holes 12/15/16); (ii) to show continuity with the gold zone in diamond hole 19, and (iii) define high-grade shape as well a predictive geology model. The mineralized intersect was from 151m to 232m with an average of 3.6 g/t gold. All three objectives were reached.

So this hole extended the known high-grade zone by 50 meters to the west and also is confirming their thinking about how the deposit is shaped. The "predictive geology model" is the product of cumulative and iterative processes that should help them pick better targets as time goes on.

The hole at Colinas was a yawn, but that is the nature of the beast with exploration drilling. I suspect that Bocas may be a more interesting target. Trenching there showed 63 meters of 2.9 gpt gold.

Bottom line, the Trinidad property has shown excellent results to date and has a lot of potential but it will take time to explore it.

Meanwhile the company is also starting an exploration program at El Habal. This property looks interesting:

* Drill hole intercept reported in 1999: 300 metres averaging 1.0 g/t gold (non NI 43-101 compliant)

* Mineralized interval occurs at 40 metres below surface and continues to the end of the hole and is described as quartz stockwork veining in altered volcanics

* Historical sampling completed by the Mexican Council of Mineral Resources in 1985 indicated grades ranging from 1 to 14 g/t gold (non NI 43-101 compliant)

[timhyma]

So, break it down for us- what is the recoverable quanities, in your opinion

[tsl444]

ORO GOLD DRILLS 3.6 G/T GOLD OVER 81.8 METRES IN NEW ZONE AT TRINIDAD PROJECT, MEXICO

September 9, 2009

Oro Gold Resources Ltd. (“Oro Gold” or the “Company”) (TSX-V: OGR) has announced gold assay results received for two more diamond drill holes in the high-grade gold zone at the Taunus target and one drill hole in the Colinas target on its 100%-owned Trinidad property near Mazatlan, Mexico.

09TR025 returned 3.6 g/t gold over 81.8 metres, including 7.1 g/t gold over 31.9 metres, in the high-grade new zone at Taunus. This hole drilled in-between the intersections in 09TR015 (5.3 g/t gold over 65.9m) and 09TR019 (6.3 g/t gold over 30m) and confirms that the high-grade gold mineralization in this area is predominantly flat lying for over a distance of 90 metres and remains open in multiple directions. The zone is interpreted to extend to the west and south, and may be offset to the north by a post-mineral fault. The true width of the new zone appears to be about 60 metres in this area (refer to this link to view the section)

09TR023 returned 1.5 g/t gold over 17.8 metres, including 3.8 g/t gold over 5.8 metres. Hole 09TR023 is located approximately 250 metres south of the flat lying zone described above and is interpreted to be a potential near vertical feeder structure. This intersection is located 70 metres vertically below the intercept of 4.1 g/t gold over 12.9 metres in 09TR020. Several other intercepts shown in the table below indicate the gold mineralization is open to the west. The hole was not completed to target depth due to drilling problems short of cutting the projected down-dip extension of the lower mineralized zone in 09TR020 that returned 5.3 g/t gold over 13.4 metres.

09TR024 returned 1.3 g/t gold over 4.5 metres testing the Colinas target area located more than 700 metres south of drill holes 09TR020 and 23.

[see press release for table]

Continuous composite intervals greater than 2m length and greater than 0.2 g/t gold (and can include up to 2m less than 0.2 g/t gold). Composites of less than 5m at 0.5 g/t gold are not reported. Intervals posted are down-hole drill lengths.

Frank Powell, Oro Gold’s Vice President, stated, “The results of drill hole 09TR025 have exceeded our expectations, being one of the longer significant mineralized intervals intersected to date. This hole was important to confirm the continuity and shape of the gold distribution in the new zone. We now have good evidence that it is nearly flat lying. We will continue to focus on expanding it further to the west, while also targeting other potential extensions to the north, the south, and down-dip.”

Results for 25 diamond drill holes, totaling 4,634 metres, have been received to date. Twelve of these holes have drilled into the new discovery zone. The other 13 holes were aimed at confirming previously recognized gold mineralization in reverse circulation drilling, located within 1 kilometre of the discovery area. The drilling continues with two diamond drill rigs to expand the high-grade gold zones and to test new targets identified at Taunus, Bocas and Colinas. Holes 09TR026 and 027 are currently drilling untested areas at depth located south of the new zone in-between holes 09TR020 and 09TR012/15/16.

Significant previously reported gold intervals in diamond drill holes in the new discovery zone are as follows:

[see press release for table]

The 2009 exploration program comprises three project initiatives: (1) two diamond drill rigs are currently drilling Taunus targets to expand and define the high-grade mineralization with the objective of increasing the gold resource. Modern exploration tools are being utilized to identify and prioritize drill targets including geophysics, clay studies, and structural mapping; (2) a third diamond drill rig will be mobilized to drill the El Habal target and proceed to test other developing targets outside of Taunus with the objective in discovering and defining a new gold resource area. The El Habal target is located 15 kilometres west-northwest of Taunus, and was previously drilled returning 1.3 g/t gold over 261 metres (not NI-43-101 compliant); and (3) a regional exploration program has commenced with the objective of making a new gold discovery along the 80-kilometre trend in which the Taunus deposit lies.

Additional information, including plan maps, sections, diamond drill hole data, and links to an exploration update provided on a regular basis from Trinidad site and a 3-d model pertaining to the diamond drill program can be viewed on Oro Gold’s website.

The Taunus gold target is interpreted as an oxidized, low-to-intermediate sulphidation, epithermal vein system. The mineralization is characterized by multiphase stockwork veining and hydrothermal brecciation hosted in a clastic unit, quartz-feldspar porphyry intrusive and andesite volcanics. Oro Gold has identified 10 other gold targets within the 650-square-kilometre Trinidad district that require follow-up exploration. Based on what the Company is accomplishing at the Taunus gold target with diamond drilling, this will aid in further defining and prioritizing these additional targets toward drilling. Oro Gold's technical team is interpreting this district to be situated in a northwest-trending structural corridor that extends for at least 80 kilometres. It is formed by active, deep-seated, major fault structures. There is evidence of this in the recent drilling, based on intersecting a thick clastic and conglomerate sequence that has a vertical profile exceeding more than 250 metres in depth. The Taunus deposit is interpreted to be hosted in a local pull-apart basin within this trend.

Quality Assurance - Quality Control

The Trinidad project exploration is under the direction of Dr. Dominique Fournier, Vice President Exploration, a qualified person as designated by National Instrument 43-101 who has reviewed the technical content of this release. Thorough quality assurance and quality control program (QA/QC) protocol was utilized on the project including duplicate, blank and standard samples with each batch of assays. The core samples were submitted directly to Inspectorate de Mexico, S.A de C.V. for preparation in Durango, Mexico, and analysis in Reno, Nevada. Analysis was conducted on 1 assay ton samples with over 20% as QA/QC samples. Analysis of gold was by fire assay, with a gravimetric finish on samples exceeding 5 g/t gold. The gravimetric assay results were used for the reported composite intervals.

About Oro Gold

Oro Gold is a publicly-listed junior gold exploration company with a focus on gold exploration in Mexico and Panama. The district-scale Trinidad property located in the state of Sinaloa, Mexico continues to be the Company’s top priority project and the main focus of exploration and resource definition efforts. Oro Gold’s corporate mandate is to make a significant gold discovery and grow a resource base that will attract senior gold producers.

ON BEHALF OF THE BOARD OF DIRECTORS

Darren Bahrey
President and CEO

[tsl444]

Will do, thanks!

[timhyma]

you might want to put the otc symbol in the ibox

[tsl444]

Tim - I think we are probably going to get assays although they are due to get geophysical results about now too. Holes 23 and 25 are from the main zone at Taunus, hole 24 is from Colinas, about 700 meters from Taunus. Fingers are crossed.

[timhyma]

Latest News Headlines for Oro Gold Resources Ltd
Investment Industry Regulatory Organization of Canada - Trading Halt - ORO Gold Resources Ltd. - OGR
24 minutes ago - CNW Group

The following issues have been halted by Investment Industry Regulatory Organization of Canada (IIROC):
Issuer Name: ORO Gold Resources Ltd.
TSX-V Ticker Symbol: OGR
Time of Halt: 09:54 EST
Reason for Halt: Pending News

[tsl444]

OGR.v halted...

[tsl444]

Oro gold just climbed over the top Bollinger Band...it's ready to go.

[tsl444]

Should have some assay results coming soon, from holes 23, 24 and 25.

[tsl444]

Welcome to the Oro Gold Resources board at iHub!