Orogen Gold plc
(formerly Medavinci plc) is a UK public company quoted on the London Stock Exchange AIM market The company�s main activities are focused on mineral exploration and production in Europe.
The Company is incorporated in England & Wales and its business is managed from London and Dublin.
The Deli Jovan gold exploration project in Serbia is the Company�s main operational project.
John Barry 6.12%
Ed Slowey 6.07%
Alan Mooney 4.36%
Michael Nolan 4.36%
Adam Reynolds 4.90%
Orogen Work Plan
Orogen�s exploration objective for Deli Jovan is to demonstrate the potential for a minimum 500,000 ounce gold resource, with scope for substantial additional resources. Orogen will target a maiden inferred resource of 100,000 ounces of gold which would support an initial two to three years of production at an annualised rate of 30,000 to 40,000 ounces of gold. Subsequent drilling and sampling will be aimed at further extending the resource base to support a continuing mining operation. This will be achieved through re-opening and detailed mapping and sampling of the old mine workings and diamond drilling to confirm and extend the Rusman and Gindu�a deposits.
Subject to the outcome of the initial work phase, a follow-up programme is proposed comprising 20,000m of diamond drilling to delineate a maiden inferred resource of 100,000 ounces of gold sufficient to support two to three years of production based on a preliminary economic assessment.
Chairman Adam Reynolds said, 'We have a very exciting gold project in Deli Jovan which I believe will significantly enhance shareholder value and additionally we are reviewing a number of other mineral exploration opportunities in Europe and Asia that are at varying stages of advancement.
Orogen Gold, Gold_Strategy_
Reservoir The Company MVC Acquired the project Reservoir Retains 25%
Results of Soil Sampling Programme and Deli Jovan Project Update 3 OCT 2011
Company Presentations Nov 2011
Sampling results audiocast Tue, 01 May 2012, 2:00pm GMT