TORONTO, Oct. 27, 2017 /CNW/ - Orford Mining Corporation (TSX-V: ORM) ("Orford Mining"), at the request of IIROC, wishes to clarify certain disclosures made in its October 26, 2017 news release. Specifically, Orford Mining wishes to clarify that:
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- Sampling has been completed along a 40 km corridor. The density of sampling however does not "confirm a 40 km High-Grade Gold System" has been delineated on the property.
- All drill intersections and samples referenced in the Headline and Highlights section of the October 26 release are described in detail (including sample type and intervals) in Tables 1, 2 and 3 (which form part of the release). Several of the high grade sample results disclosed, including but not limited to the "457 g/t Au" were selective grade samples from boulders and/or "sub-outcrop" and are not in-place and may not be representative of the mineralization hosted on the property.
- All grab samples are selective by nature and values reported may not be representative of mineralized zones.
- The current stage of exploration and results are consistent with a 40 kilometer gold trend rather than a definitive confirmation of a high-grade gold system.
- Reported drill intervals are down-hole core lengths - true thickness cannot be determined with available information.
- References to other (non-Orford Mining) properties referenced in the CEO quote should be disregarded given that these are well established camps which host major operations.
- Sampling has been completed along a 40 km corridor. The density of sampling however does not "confirm a 40 km High-Grade Gold System" has been delineated on the property.
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Orford Mining is a successor to Focused Capital Corp., which changed its name to Orford Mining Corporation effective on October 20, 2017.
The disclosure of scientific and technical information contained in this news release has been approved by Alger St-Jean, P.Geo, Vice President, Exploration of Orford, a Qualified Person under NI 43-101.
About Orford Mining Corporation
Orford Mining is a mineral explorer focused on highly prospective and underexplored areas of Northern Quebec and the Carolina Gold Belt in United States. Orford's principal assets are the Qiqavik and West Raglan projects comprising of a land package totaling over 70,000 hectares in the Cape Smith Belt of Northern Quebec and properties in the Carolina Gold Belt in the United States. The Qiqavik Project hosts several new high-grade gold discoveries along a mineralized trend in excess of 40 km. Orford's common shares will trade on the TSX Venture Exchange under the symbol ORM.
Cautionary Statement Concerning Forward-Looking Statements
Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release.
The TSXV has neither approved nor disapproved the contents of this news release.
SOURCE Orford Mining
For further information: David Christie, President and CEO, T: (647) 253-1144, www.orfordmining.com
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