Oro Gold Increases Land Position North of Trinidad Property, Mexico
8:00 am EST, Thursday November 5, 2009
VANCOUVER, BRITISH COLUMBIA--(Marketwire - Nov. 5, 2009) - Oro Gold Resources Ltd. ("Oro Gold" or the "Company") (TSX VENTURE:OGR - OTC:OGRSF) reports that it has staked a 258-square-kilometre concession - La Union, in the state of Sinaloa, Mexico. The La Union concession covers a portion of the northwest-trending structural corridor that hosts Oro Gold's Taunus gold deposit on its Trinidad property and is considered highly prospective for gold mineralization.
La Union has not received systematic exploration and is considered grassroots in nature with good exploration potential. First phase reconnaissance surface work has identified favorable geology with evidence of abundant quartz vein material. Anomalous results ranging from 21 to 1218 ppb gold were obtained in five stream sediment samples collected on the property.
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The addition of La Union gives Oro Gold a 100% controlling land position along an approximate 120-kilometre structural corridor that hosts the high-grade Taunus gold deposit and ten other gold targets identified by the Company. The total land package of contiguous concessions along this corridor covers more than 2,200-square-kilometres located in the states of Sinaloa and Nayarit, Mexico. "The property was staked in order to secure an area that the Company considers to be very prospective due to the interpretations evolving from recent work completed on our wholly-owned Trinidad gold district," commented Frank Powell, Oro Gold's Vice President.
About Oro Gold
Oro Gold is a gold exploration company with projects located in Mexico and Panama. In Mexico the Trinidad gold project continues to be the main focus of exploration and resource definition efforts. The Company plans to increase shareholder value through the discovery and definition of low-cost, high-grade gold resources on its advanced stage properties.
ON BEHALF OF THE BOARD OF DIRECTORS
Darren Bahrey, President and CEO
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