VANCOUVER, BRITISH COLUMBIA-- (Marketwire - Oct. 25, 2010) - Oro Mining Ltd. ("Oro Mining" or the "Company") (TSX VENTURE:OGR) announces its Board of Directors and officers following the business combination of Oro Gold Resources Ltd. and Oro Silver Resources Ltd. Mr. John Brownlie is appointed Chief Executive Officer and Chief Operating Officer, and Mr. Darren Bahrey continues as President.
These appointments reflect the Company's goal of combining production with ongoing exploration initiatives. Chairman of Oro Mining, Mr. Robert Kendrick, states: "The appointment of Mr. Brownlie adds to the exceptional team already in place, and demonstrates our commitment to advance our gold assets toward near-term production. Mr. Brownlie is a proven mine builder, and during his recent tenure as CEO in Capital Gold Corp. the shareholders realized a significant increase in share price as he grew the company into one of the lowest cost producers in Mexico."
In addition to John Brownlie, the six board members include Robert Kendrick, Darren Bahrey, Greg Martin, Ron Ewing, and Laura Diaz Nieves. The additional officers of Oro Mining are Frank Powell, Executive Vice President, Priscila Costa Lima, Chief Financial Officer, and Vilma (Mimy) Fernandez-Maldonado, Corporate Secretary.
Mr. Bahrey will continue in his leadership role jointly with Mr. Brownlie to build upon the assets created to date. The Company plans to grow the gold resource base, move into production, and continue to make exploration discoveries.
The Company would like to inform shareholders and investors that an Oro Mining website will be launched in early November.
Further, the Company reports that subject to regulatory approval and pursuant to its Stock Option Plan, it has granted 1,150,000 stock options to directors and officers. The options are exercisable at a price of $0.38 per common share for a period of five years from October 22, 2010.
About Oro Mining
Oro Mining is a publicly-listed company on the TSX Venture Exchange with advanced stage projects in Mexico. The Company focuses on expanding its gold resource base, moving into production, and continuing to make exploration discoveries that have multi-million ounce potential. The district-scale Trinidad property that hosts the Taunus gold deposit continues to be the Company's priority project. Our mission is to create exceptional value for shareholders through gold exploration discovery, resource growth and production by way of responsible interaction and providing sustainable benefits to the environment and our communities.
