Orofino Gold Corp. - Several multi-million ounce Gold targets
HONG KONG, April 12 /PRNewswire-FirstCall/ - Orofino Gold Corp. (PINK OTC: ORFG) ("Orofino Gold" or the "Company") is pleased to announce that as result of the recent site visit and meetings with Colombian Geologists who are well informed on this area, it has been determined that current estimates for the area are that each of the areas of lode mines may prove to contain more than 1,000,000 ounces of Gold with a Silver credit (as seen in the recent assay results).
While this model is of great interest to the company the current development program is targeting a very large, multi million ounce bulk minable porphyry Copper-Gold deposit which may prove to contain estimates exceeding 5 million ounces in precious metals with associated base metals.
The company has engaged several new personnel to assist in implementing the 2010 work programs.
About Orofino Gold Corp. (PINK OTC: ORFG)
Orofino Gold is a precious metals acquisition, exploration, and development company. The Company acquires and explores strategically-located precious metals properties in the historically rich gold bearing jurisdictions of Colombia and Mexico. To this end OROFINO has signed an option agreement to acquire several properties in Colombia. The Company is listed on the Pink Sheets under the symbol ORFG.
Forward-Looking Statements
The statements by our officers, and other statements regarding optimism related to the business, expanding exploration and development activities and other statements in this press release are forward-looking statements within the meaning of the Securities Litigation Reform Act of 1995. Such statements are based on current expectations, estimates and projections about the Company's business. Words such as expects, anticipates, intends, plans, believes, sees, estimates and variations of such words and similar expressions are intended to identify such forward-looking statements. These statements are not guarantees of future performance and involve certain risks and uncertainties that are difficult to predict. Actual results could vary materially from the description contained herein due to many risk factors that affect the industry the Company operates in and other risk factors listed from time to time in the Company's Securities and Exchange Commission (SEC) filings under "risk factors" and elsewhere. The forward-looking statements contained in this press release speak only as of the date on which they are made, and the Company does not undertake any obligation to update any forward-looking statement to reflect events or circumstances after the date of this press release.
SOURCE Orofino Gold Corp.
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