LIAONING, CHINA, Feb. 14 /CNW/ - Orofino Gold Corp. (ORFG.PK) is pleased
to announce the appointment of Mr. Salvador Rivero to the company's
Board of Directors.
Mr. Rivero brings to Orofino a wealth of knowledge in the areas of
business, corporate finance, and mining operations. After graduating
from law school in Mexico, Mr. Rivero spent the next 25 years
developing a thorough understanding of the processes necessary to
successfully discover, acquire, and develop, mineral concessions with
the potential of containing valuable mineral deposits. Considered by
Orofino as an acquisitions specialist, Mr. Rivero has been involved in
the development of various turn-key projects in mining, energy,
fertilizer, oil and gas, and shipping sectors.
Mr. Rivero founded and directed Constructora y Perforadora Marina, S.A.
de C.V., and Kaiser International, S.A. de C.V., Ultramar Bancorp Inc.,
Ultramar Capital Plc. and First Mercantile Bank Ltd. From 1998-2000,
Mr. Rivero was responsible for acquiring, developing, and putting into
production a silver mine in Sinaloa for Real de Panuco, S.A. de C.V. He
was also a member of the Board of Directors of the Canadian mining
company Golden Temple Mining and the Mexican mining company Minas
Kaiser, S.A. de C.V. Until recently, Mr. Rivero acted as the President
and served as a Director of Oroco Resource Corp, a mining corporation
trading on the TXS-V. During that time, Mr. Rivero was responsible for
the successful acquisition of Oroco's mining properties in Mexico.
At Orofino, Mr. Rivero, a Spanish-speaking executive, will assist in
overseeing the acquisition of new properties. In addition, Mr. Rivero
will utilize his extensive international experience in development and
selection of partners for the progression toward large-scale
production. Mr. Rivero will play a key role in the development of the
properties in Orofino's current Senderos de Oro gold camp in the mining
area of central Sur de Bolivar, a project area comprised of more than
3000 hectares of mineral concessions in Colombia's highest producing
artisanal mining region.
Orofino Gold is a China based gold producer, founded as a private
company in 2009 by former executives with over 50 cumulative years in
mining exploration, finance, and development expertise. Orofino's
corporate objective is to continue to build shareholder value through
the exploration and development of Senderos de Oro and additional
accretive acquisitions, capitalizing on the extensive experience and
relationships that management has developed over the past 25 years.
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:
visit www.orofinogold.com or contact FAC Media Group: firstname.lastname@example.org