multi million oz potential

Oro Gold drills 8.5 g/t Gold over 61 metres - Trinidad, Mexico

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Message: NR Ore Silver and Ore Gold combined to Ore Mining

Oro Gold Resources Ltd. (“the Company” or “Oro Gold”) (TSX-V: OGR) reports the completion of its previously announced business combination (the “Transaction”) with Oro Silver Resources Ltd. (“Oro Silver”). Transaction was completed via a plan of arrangement that was approved by the shareholders of Oro Silver on October 12, 2010, received court approval on October 18, 2010 and TSX Venture Exchange (the “Exchange”) approval on October 21, 2010. Oro Silver is now a wholly owned subsidiary of the Company.

The Transaction was approved by 98.76% of the eligible votes cast at the annual general and special meeting of the Oro Silver shareholders. Pursuant to the plan of arrangement, each Oro Silver shareholder has received 0.25 of an Oro Gold share for every Oro Silver share. All outstanding options and warrants to acquire common shares of Oro Silver have been exchanged for Oro Gold options and warrants to purchase 0.25 of one Oro Gold share in lieu of one Oro Silver option or warrant. The Exchange will disseminate a notice announcing the delisting of Oro Silver shares when the Exchange deems appropriate.

Further, the Company is pleased to announce that it has changed its name from “Oro Gold Resources Ltd.” to “Oro Mining Ltd.” At the opening of market of Friday, October 22, 2010, the Company’s shares will commence trading under the new name. The stock symbol “OGR” will remain the same.

Oro Mining Ltd. Website will be launched in November

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