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    Orefinders Confirm New Gold Intersections at its Mirado Gold Project

    Investing News Network
    Apr. 10, 2013 09:48AM PST
    Gold Investing

    Orefinders Resources Inc. (TSXV:ORX) announced receiving results from five holes that were drilled as part of its phase 1 and ongoing phase 2 diamond drill program at the Mirado project. The results confirmed intersections of high-grade and broad lower-grade gold zones.

    Orefinders Resources Inc. (TSXV:ORX) announced receiving results from five holes that were drilled as part of its phase 1 and ongoing phase 2 diamond drill program at the Mirado project. The results confirmed intersections of high-grade and broad lower-grade gold zones. Drilling is ongoing at Mirado.

    Highlights of the drill results include:

    • 9.50m @ 59.2* g/t Au in hole MD13-07 including 1.00m @ 559* g/t Au
    • 8.75m @ 7.50* g/t Au in hole MD13-05 including 1.50m @ 42.7* g/t Au
    • 4.50m @ 6.50 g/t Au in hole MD13-10
    • 6.00m @ 6.32 g/t Au in hole MD13-10

    Orefinders, President, Bill Yeomans, commented:

    The first phase of drilling clearly demonstrates the bulk tonnage potential for gold mineralization on the property. We are also beginning to recognize an extremely high grade gold component at the Mirado deposit. Bonanza grades have been identified in drill core and at surface along structures that Orefinders now considers to be the high grade feeder zones associated with broad near surface gold mineralization.

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

    See this press release on Marketwire

     

    tsxv:orxdrill results
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