LAS VEGAS, NV, Feb. 28, 2013 /CNW/ - Orofino Gold Corp. ("Orofino" or
the "Company") (OTCQB: ORFG.PK) and its Board of Directors announced
today the Company's strategic production and cash flow plan is expected
to include construction of a 20 to 40 metric ton per day mill at the La
Estrella Project in Colombia.
Orofino Gold's strategic focus in the Sur de Bolivar Department of
Colombia is to develop a modern mining operation at La Estrella that
has the potential to create cash-generating partnerships with local
Artisanal miners. Anticipated development includes permitting and
environmental improvements to help facilitate sustainable and
profitable long-term production.
Orofino's corporate objective is to build shareholder value through the
exploration and development of the Senderos de Oro Gold Camp and other
potentially accretive acquisitions by capitalizing on the experience
and industry relationships management has developed over the past 25
years. Orofino expects to add new technical and financial expertise to
its roster as the Company advances its strategic production and cash
flow plan. Orofino will announce these additions as they develop and
are consummated by the Board of Directors.
Orofino Gold is a Colombian-based gold exploration company initially
founded in 2009 as a private corporation by executives with over 50
years of collective experience in mining exploration, finance and
Please visit the Orofino Gold website at: www.orofinogoldcorp.com
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.
For further information:
Orofino Gold Corp. - Las Vegas, Nevada.
9550 South Eastern Ave., Ste. 253, Las Vegas, NV 89123