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Orefinders Resources Reports Additional High Grade Gold Results at Mirado Gold Project

Investing News Network
Aug. 13, 2013 11:20AM PST
Company News

Orefinders Resources Inc. (TSXV:ORX) announced additional high grade gold results for seven new drill holes at its Mirado Gold project in Ontario. Highlights include hole MD13-30 which intersected 27.7* g/t (uncut) over 5.90 meters of bonanza grade mineralization within an interval of 19.20 meters at an average cut grade of 4.77 g/t Au.

 Orefinders Resources Inc. (TSXV:ORX) announced additional high grade gold results for seven new drill holes at its Mirado Gold project in Ontario. Highlights include hole MD13-30 which intersected 27.7* g/t (uncut) over 5.90 meters of bonanza grade mineralization within an interval of 19.20 meters at an average cut grade of 4.77 g/t Au.

As quoted in the press release:

Highlights of high-grade gold zones intersected near surface and at depth from these latest drill results include:

  • 19.20m @ 4.77 g/t Au in hole MD13-30, including 5.90m @ 27.7* g/t Au
  • 3.00m @ 6.28 g/t Au in hole MD13-30
  • 9.90m @ 2.67 g/t Au in hole MD13-36, including 1.50m @ 8.95 g/t Au
  • 5.30m @ 3.00 g/t Au in hole MD13-21, including 0.40m @ 37.2* g/t Au

Highlights of lower-grade gold zones intersected include:

  • 13.60m @ 1.41 g/t Au in hole MD13-26, including 5.00m @ 3.31 g/t Au
  • 11.90m @ 0.97 g/t Au in hole MD13-30, including 0.90m @ 7.08 g/t Au
  • 17.70m @ 0.90 g/t Au in hole MD13-33
  • 11.50m @ 1.41 g/t Au in hole MD13-34

Orefinders Resources Inc., President and CEO, Bill Yeomans, said:

The South Zone continues to report bonanza grade gold intercepts of potentially bulk mineable gold mineralization proximal to the ramp and open pit where a preliminary bulk sample was extracted by previous operators. The 2013 drilling has successfully expanded South Zone mineralization over a surface area of 250m x 300m and currently remains open along strike and at depth. North Zone high grade intercepts have been intersected at depths well below all of the previous historical drilling. The North Zone also remains open to further expansion along strike and at depth

Click here to read the Orefinders Resources Inc. (TSXV:ORX) press release
Click here to see the Orefinders Resources Inc. (TSXV:ORX) profile.

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