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Orogen Gold (ORE)     

driver - 06 Mar 2011 16:45



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.

Directors
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.
Web Site
http://www.orogengold.com/
Orogen Gold, Gold_Strategy_
http://www.medavinciplc.com/files/medavinciplc.com/Medavinci_plc_Gold_Strategy_October_2010.pdf
Reservoir The Company MVC Acquired the project Reservoir Retains 25%
http://www.reservoircapitalcorp.com/s/DeliJovan.asp
Results of Soil Sampling Programme and Deli Jovan Project Update 3 OCT 2011
http://www.orogengold.com/wp-content/uploads/orogen-_pr_3102011.pdf
Company Presentations Nov 2011
http://www.orogengold.com/wp-content/uploads/OrogenPresentationNov2011.pdf
FaceBook
http://www.facebook.com/pages/Orogen-Gold/168420376544173


Sampling results audiocast Tue, 01 May 2012, 2:00pm GMT
http://www.brrmedia.co.uk/event/96697/ed-slowey-chief-executive-officer?popup=true

driver - 30 Apr 2012 15:01 - 189 of 258

My take on the

Conference call

Chief Executive of Orogen Gold, Ed Slowey said all the news from the mine is very positive

The historic bonanza grades are confirmed and are correct ranging from 10g per ton to 63g per ton with pods as much as 133gs per ton.

This week ORE are to sign a drilling contract the rig should at the mine in the next couple of weeks.

Trenching and sampling news expected up to Sept
News flow up to Sept on new targets that art found results from sampling and trenching should be finished by Nov.

gibby - 30 Apr 2012 15:19 - 190 of 258

bb - you know it make sense! :-))))

Balerboy - 30 Apr 2012 16:07 - 191 of 258

I SSSSSSSSSSOOOOOOOOOOOOO hope your right gib.,.

gibby - 02 May 2012 08:15 - 192 of 258

me too bb - hopefully a blue day now - been red since the rns rally cant be far away me thinks

gibby - 02 May 2012 13:56 - 193 of 258

2nd May 2012:

Orogen Gold plc (formerly Medavinci plc) is a UK public company quoted on the London Stock Exchange AIM market (ticker: ORE). 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.


12:31 pm by Giles Gwinnett The drilling is aimed at exploring the historic Gindusa and Rusman gold mines, from where this week the firm received high grade sampling results Investors should see a steady stream of updates this summer from Serbia-focused explorer Orogen Gold (LON:ORE) as it begins drilling the Deli Jovan project.

So says broker XCap, which notes these are "exciting" times for Orogen, soon to embark on a five month, 7,500 metre drill programme.

The drilling is aimed at exploring the historic Gindusa and Rusman gold mines, from where this week the firm received high grade sampling results.

"The coming months are set to provide a steady stream of updates as assay results become available, with this fully funded phase of drilling expected to complete the spending requirements to earn 55 per cent of the project," said XCAP analyst Sam Brindle in a note to clients.

"Positive results should quickly lead to further resource drilling, completion of the 75 per cent earn-in and the initial target of a 100,000 ounces inferred gold resource over the following 12-months."

The historic mining camp at Deli Jovan, 150km from Belgrade, was last in production before World War II with the major part of gold production between 1900 and 1912.

It comprises two former gold mines - Gindusa and Rusman - and there has been little exploration of the property since mining stopped in 1938.

On Monday, the company announced the results from an underground channel and grab sample programme at the two former mines.

Assays included very high gold grades of up to 63.4 grammes per tonne (g/t) gold over one metre from underground sampling at the Gindusa mine, where chip samples returned grades of up to 133 g/t gold.

Four gold bearing mineralised structures were identified at Gindusa, including one not previously known, and Orogen noted that mineralised zones at Gindusa remained open along strike and down dip.

At Rusman, the company found two gold target zones with underground grab samples showing up to 82.5 g/t gold.

Targets at both mines have not yet been drill tested, leaving scope for significant extensions.

Orogen's chief executive Ed Slowey had said the results clearly warranted a substantial diamond drilling programme - a contract for which is expected to be signed in a matter of days.

Xcap analyst Brindle said the initial focus of the drilling would be to determine the continuity of the high grade vein system identified at Ginduša and the two targets at Rusman.

"Further targets are expected to be identified as the exploration programme progresses with up to 7,500m of diamond core drilling planned by the end of September and a full set of assay results due by the end of November," he added.

Meanwhile, above ground, the soil sampling programme is nearly complete with results expected to flow within the next two months. This will be followed by a ten week trenching programme to identify further drill targets.

Orogen is targeting an initial resource of 100,000 ounces, which would allow it to move into a scoping study for an underground mine producing 30-50,000 ounces a year within three years.

While it is fully funded for the initial portion of its drilling programme, Orogen will require further cash to complete the resource drilling.

It has an earn-in deal with Reservoir Capital (CVE:REO), which will see the former acquire a 55 per cent stake in the property in return for investing C$1.5 million developing the asset.

An additional spend of C$2 million will take that figure to 75 per cent.

Because it is in Serbia, Deli Jovan is plugged into the local infrastructure of a developed western economy, which means it will be cheaper to develop when the time comes.

Had this project been anywhere else than this formerly war-torn region, then it would have been explored and possibly developed many years ago, Slowey has previously told Proactive.

“As exploration geologists, what attracted us was this old mining district that hadn’t been explored in modern times, using modern techniques,” he said.

driver - 02 May 2012 14:52 - 194 of 258

Also in the header

Orogen Gold - Progress update
Ed Slowey - Chief Executive Officer
Tue, 01 May 2012, 2:00pm GMT

Sampling results audiocast


http://www.brrmedia.co.uk/event/96697/ed-slowey-chief-executive-officer?popup=true

driver - 02 May 2012 15:40 - 195 of 258

Not happy with today’s news regarding the directors sells and have emailed the company to that effect.

gibby - 02 May 2012 17:47 - 196 of 258

the director sells did not help here but i do not see it as a problem - i suppose like a lot of people they need cash and i am guessing by city standards they wont be that highly paid at all - it was disappointing though cant deny that - but at least it wasnt all their holding

Balerboy - 02 May 2012 19:10 - 197 of 258

what did i tell you!!! lol

gibby - 02 May 2012 19:52 - 198 of 258

Proactive covered today’s note on Orogen Gold (LON:ORE) from XCap. According to the broker, investors should see a steady stream of updates this summer from Serbia-focused explorer as it begins drilling the Deli Jovan project.

The drilling is aimed at exploring the historic Gindusa and Rusman gold mines, from where this week the firm received high grade sampling results.

"The coming months are set to provide a steady stream of updates as assay results become available, with this fully funded phase of drilling expected to complete the spending requirements to earn 55 per cent of the project," said XCAP analyst Sam Brindle in a note to clients.

"Positive results should quickly lead to further resource drilling, completion of the 75 per cent earn-in and the initial target of a 100,000 ounces inferred gold resource over the following 12-months."

The historic mining camp at Deli Jovan, 150km from Belgrade, was last in production before World War II with the major part of gold production between 1900 and 1912.

It comprises two former gold mines - Gindusa and Rusman - and there has been little exploration of the property since mining stopped in 1938.

On Monday, the company announced the results from an underground channel and grab sample programme at the two former mines.

Assays included very high gold grades of up to 63.4 grammes per tonne (g/t) gold over one metre from underground sampling at the Gindusa mine, where chip samples returned grades of up to 133 g/t gold.

gibby - 02 May 2012 19:54 - 199 of 258

bb - yes i did remember what you said :-(((((((

but hey ho - seems to have settled a bit today - north here we come :-)))))

now where did i put me rose tinted glasses lol!! seriously quite comfortable here despite you buying in here bb!! :-))))))))

have a good evening dude

js8106455 - 03 May 2012 10:33 - 200 of 258

Hey guys found this interview on Orogen, have a listen its pretty good.

http://www.brrmedia.co.uk/event/96697/ed-slowey-chief-executive-officer

driver - 03 May 2012 10:48 - 201 of 258

js8106455

Cheers already been posted post 194

driver - 03 May 2012 15:20 - 202 of 258

This is from the other side NOT the reply to my email.

J-Singh this was posted yesterday by Urien...he emailed ORE and got this reply back from A Reynolds Urien hope you don't mind me reposting this...

+ Dear David Thank you for your email The announcement we put out last Monday related to the underground soil sampling results that are very positive. With regards to directors selling stock, I sold 10m shares and my business partner who is not a director but the Company Secretary sold 10m shares. The reason for this was that Paul and myself in 2009 rescued Medavinci Plc (which became Orogen Gold Plc in March 2011) and committed substantial funding for this and worked on a near full time basis to turn the shell around. At every subsequent fund raising we have always participated and have put in a lot of money over the past three years. I am a non-executive director (one day a month) of Orogen Gold Plc and wanted to recoup a part of my investment costs so I have sold down just over 20% of my shareholding and still retain a large holding in the Company. With regards to the business everything is going well and to schedule, and it is not unusual for directors and non-executive directors to occasionally re-coup some costs. Kind regards Adam Reynolds ++

gibby - 04 May 2012 10:21 - 203 of 258

great day here - only early yet

kerrrrrrrrrchinnnnnnnnnnnnnnngggggggggggggggggggggggggggggggg

:-))))

driver - 04 May 2012 11:11 - 204 of 258

gibby

Yes climbing back up, a couple of biggish buys just gone through £20k

driver - 04 May 2012 16:59 - 205 of 258

Nice rebound today, up from here with plenty of news to come through out the summer. .

driver - 09 May 2012 17:10 - 206 of 258

Result of Annual General Meeting


Chief Executive of Orogen Gold Plc, Ed Slowey,

The Company is entering into an exciting phase of exploration at Deli Jovan. We are moving from early stage exploration relying on historic mine workings and documentation, into an advanced exploration phase, having acquired high quality data that supports our operational programme and commitment to the project. Our management team has the track record and experience necessary to develop this project and we have access to the funding necessary to confirm the potential of Deli Jovan, which is only now being properly explored with modern techniques."

http://www.moneyam.com/action/news/showArticle?id=4365467

driver - 14 May 2012 15:03 - 207 of 258

Orogen sees future in old Serbian sites

If you're looking for gold, it makes sense to start where others have already found it. Alternative Investment Market-listed Orogen Gold, has just published the results of sampling work suggesting there is still high-grade gold in two Serbian mines in which it owns a share. The mines haven't been touched since 1938.

Orogen has spent a year mapping the mines' historic development and evaluating whether they have fresh commercial potential. Today's results suggest there's a good chance of a positive outcome, though the company warns more work needs to be done.

House broker Xcap is bullish. Analyst Sam Brindle says: "With a packed summer exploration season these are exciting times for Orogen.

http://www.independent.co.uk/news/business/sharewatch/small-talk-growth-fund-creates-happy-mediums-7743634.html

driver - 18 May 2012 10:05 - 208 of 258

The Company has received notification that the EFRB Trust, of which Mr Alton Bilton is a potential beneficiary, has purchased 12,580,000 shares of 0.1p each in the Company.

Mr Bilton has an interest in 140,080,000 ordinary shares of 0.1p each, representing 7.35% of the issued share capital of the Company.

http://www.moneyam.com/action/news/showArticle?id=4371958
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