- 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.
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
- 02 May 2012 19:10
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what did i tell you!!! lol
- 02 May 2012 19:52
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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.
- 02 May 2012 19:54
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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
- 03 May 2012 10:33
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Hey guys found this interview on Orogen, have a listen its pretty good.
- 04 May 2012 10:21
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great day here - only early yet
- 09 May 2012 17:10
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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."
- 14 May 2012 15:03
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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.
- 18 May 2012 10:05
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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.
- 22 May 2012 10:29
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- 20 Aug 2012 17:02
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A bit of movement here today.
- 21 Aug 2012 16:53
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A lot of movement again today.
- 21 Aug 2012 17:03
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Enough to offset RRL 3m? You must be looking forward to your holiday after the last few weeks?!
- 21 Aug 2012 17:27
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No Kim gave 1.023 pence for them. A way to go yet. Yes I am looking forward to going away, alas flights are too expensive as yet - keep looking every day. Ryanair have some good deals but then £70 for a 20kg bag and bad reviews on that Company. I am trying to go the day before my as my friends will pick me up and I can stay the night with them and they will take me to my destination on the Saturday. So as soon as a reasonable flight becomes available then Yes here I go and correct I can't wait. Sun, sun and more sun hopefully. Be even nicer if I could get some of my share money back before that.
- 21 Aug 2012 18:25
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Fingers crossed 3m, for both sunshine and money back!
- 21 Aug 2012 18:32
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Many thanks Kim. Hope the weather in Wales is serving you well. Also your shares and not too many whatevers in your wilderness.
- 21 Aug 2012 18:52
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Beautiful weather here 3m, my wilderness is harbouring many creatures, not sure if they are all from our planet haha!