Orofino Gold Corp: Colombia previously the largest producer of Gold adopts new wave of modern exploration
LAS VEGAS, NV, Sept. 5, 2013 /PRNewswire/ - Orofino Gold Corp. (PINK OTC: ORFG) ("Orofino Gold" or the "Company") is pleased to announce that the Company wishes to update about Colombian mining industry.
Colombia provides a unique opportunity for gold exploration. Formerly the largest gold producer in South America, the country has produced over 80 million ounces of gold.
Civil unrest has prevented the country from experiencing the exploration boom of the 1980s that propelled Peru and Brazil to become major gold producers.
Improved security conditions since 2002 under the Democratic Security Policy of the administration of former President Alvaro Uribe have allowed a new wave of modern exploration. At the same time, Colombia´s cities have prospered and developed into modern business hubs complete with the high standard of infrastructure and services that exploration and mining companies require.
As others leave for various reasons economic or political Orofino Gold Corp. moves to further secure its projects that have world class porphyry targets that will be the next generation of Copper/Gold mega deposits that will be sought by the worlds leading miners.
The Company announces that shareholders of record as of September 15, 2013, will be eligible to receive 10% dividend in shares of the Company, the Company expects to have shareholders be shareholders of record on or before the said deadline.
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.
More by this Source
Orofino Gold Corp: Bakken Energy Corp acquires Nations Oil & Gas Corp.
Mar 05, 2014, 10:26 ET
Browse our custom packages or build your own to meet your unique communications needs.
Learn about PR Newswire services
Request more information about PR Newswire products and services or call us at (888) 776-0942.