LAS VEGAS, NV, May 1, 2013 /CNW/ - Orofino Gold Corp. ("Orofino" or the
"Company") (ORFG.PK) on behalf of Board of Directors the Company is
pleased to announce that the Company, as a result of various site
visits and meetings with Colombian and US Geologists who are well
informed on this area, have estimated that within the areas of existing
lode mines there are significant amounts of Gold along with Silver and
Copper. The Company has been focused on the surrounding areas of
existing gold mines where assays have averaged about 20 grams per ton
and extensions of known systems run for many hundreds of meters. The
target is to prove up to more than 1,000,000 ounces of Gold with a
Silver and Copper credits.
This model is of great interest to the company where the current
development program is to work the rich gold bearing veins while the
exploration team targets large, multi-million ounce bulk minable Gold
This model has been proven out by 2 Multi-National Mining Companies at
La Colossa concession to the south west where they have drilled off in
excess of 14 million ounces of gold to date.
Price of Gold as of May 1st, 2013 - USD$ 1463/ounce
For More Information 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