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Oro Gold Adds Fourth Drill Rig and Provides Mid-Year Exploration Update
Oro Gold Resources Ltd. (TSX VENTURE:OGR)reported that it is on-track to complete as planned a minimum of 10,000 metres drilling on its 100%-owned Trinidad property near Mazatlan, Mexico.
Oro Gold Resources Ltd. (TSX VENTURE:OGR)reported that it is on-track to complete as planned a minimum of 10,000 metres drilling on its 100%-owned Trinidad property near Mazatlan, Mexico.
The press release is quoted as saying:
The Company will have four drill rigs operating during the summer season, and is also on-track to complete a National Instrument 43-101-compliant resource estimate based on diamond drill results obtained to date. For the remainder of the year, Oro Gold plans to accomplish the following goals: Increase the resource size of the Taunus gold deposit,Update the Taunus resource estimate, Discover new gold zones in the immediate area of Taunus, Discover the source of the high-grade gold zones at Taunus (possible feeders), Make new gold discoveries in areas outside of Taunus that have gold resource potential. The Company is well funded with a working capital of approximately $6.5 million.
Click here to access the entire press release
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