Home   Log In   Register   Our Services   My Account   Contact   Help 
 Stockwatch   Level 2   Portfolio   Charts   Research   Share Price   Awards 2013   Indices   Market Scan   Company Zone   Traders' Room 
 Funds   Trades   Terminal   Alerts   Heatmaps   News   Stock Screener   Mobile   Forex Prices   Director Deals   Investors' Room 
 CFDs   Shares   SIPPs   ISAs   Forex   Expert Eye   Comparison Tables   Spread Betting   Broker Notes   Forward Diary   Shares Magazine 
You are NOT currently logged in
Register now or login to post to this thread.

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 - 26 Apr 2011 17:13 - 75 of 258

A post from the other side courtesy of Apavlovic who visited the site last week.

I visited Deli Jovan (Rusman) on Thursday f last week with a couple of friends who were my guide and frankly could not have done it without them and their ff road Lada Niva. What an experience that was and I pay my tribute to the Russian off road vehicle despite its looks and extreme lack of comfort but its amazing ability in that terrain is stunning.

Anyway enough about cars but a bit more about my friends. I d not know what their profession is English language but will describe their activity. They are responsible for detailed mapping of the terrain. So for eg. If you buy land they would come up and measure coordinates and determine length and width precise locatin gradient etc. Same for roads, footpaths etc and this information is then entered into maps and these drawings are then used for submitting applications etc. Why is this important?

These were the guys who were contracted by the Belgrade Company to do the work for Reservoir Gold JV Company in Belgrade. They took me to Rusman to show me what I called little pits and excavations which they were asked to map out the work which was subsequently used for submitting applications for exploration permit. The maps which they produced ate 3D n a scale of 1:10 or 1:50 (cannot remember which) which means basically detailed terrain mapping every 10 or 50metres. Presumably these shots are used to produce details images and maps so they can start plotting detail and planning sampling and future excavations
.

First let me tell you about the road. Set off via Zajecar all fine up to Seliste. It then gets narrower but the good news was that I spotted a school bus in the village ( well I would call it a hamlet as it had no more then @20 houses) which means road kept open in winter. Keep forgetting the name of the place but anyway when we reached this place it was time for me to leave my rented Scoda Fabia and jump into Lada (see pictures). Could have perhaps made it in a conventional car but would have been bad news for the suspension. It was very dry and if it had rained I would have said no chance. The pictures of the road I have taken go on for @4km. No panic. There is a better road which we could have taken ( we used on return trip) which was better and shorter before we hit gravel. I can now understand why sampling was not taken in December. They would have had no chance - simple as that. Any rain or snow you need a good and narrow 4 x 4.

The road to Gindusa is better I am told but I have not been there. It is @5 miles away and frankly once you have sine one excavation you have seen them all. I was also told there was less activity at Gindusa and the only difference was the rock was predominantly dark unlike Rusman where it is more brown in colour. I tok some samples so when I land at Gatwick hopefully this would be picked up by scanners and IMO this would be a good sign LOL. Rock samples attached seemed to have a lot of sparkle in them and I think these are quarts minerals. In fact you could see the sparkle in the soil which was quite strange and I have not seen it before. However when reading this please be warned: I am not a geologist (far from it) and this is probably a quite nave and amateurish observation.

In terms of possible questions you are probably asking yourself and I would like to say that the climate here is not as severe as it is a little further south. Yes they get lots of snow and cold but roads are kept open and hence mining can be done 365 days but I am convinced that the last stretch of road would need IMPROVEMENT. I will not pst the bits in red.


With regard to sampling I have seen one excavation which looked quite fresh see image 689. You can see some solidified mud to the decide which means must have been taken when it was taken recently or the ground beneath must be wet. In my view this must confirm samples have been taken quite recently. I thought the ground conditins were excellent and I would suspect the company will take the next steps and re open sme of the mines.

It was a very interesting to see. Lots of small pits and what I call holes dug out everywhere. An ancient wall you can see in the photo must have been used a long time ago with some purpose! What is also interesting to see and hopefully you can spot this in my photos is that a lot of mining seems t have taken place at surface level and you can see little terraces were formed on the hills. Des this suggest the possibility of larger open pit mining being one possibility. It is also worth remembering the distance between Rusman and Gindusa is 8km so potentially a large area if veins stretch that far!

At end the day I took the guys to the most fantastic barbecue Zajecar. Wish I took some photos of that to envy you all!


Pay attention to image 689. In my opinion this sample was taken recently. You can tell it was muddy and grass has not grown back which to me suggest quite recent activity.

http://img39.imageshack.us/g/dsc0207j.jpg/

TopAnalyst - 26 Apr 2011 18:11 - 76 of 258

I am removing ALL my research from here due to the constant personal abuse, defamation and distortions of it posted by:

ptholden

hlyeo98

halifax

blackdown

kimoldfield

cynic


This bunch of abusive retards is the reason MoneyAM will NEVER have a forum worth reading.

I have reported them to support by they do nothing, either because they want to force me to PAY them for the Traders Room or because they are too lazy to do anything. Maybe the people in support are the ones perpetrating the abuse, so as to force people to pay for the premium boards. Either way the service is sh1te and a disgrace to the finance industry. No wonder there is nobody left here apart from morons.

I will continue posting my good research on boards that are run in accordance with FSA and LSE listing rules and the interests of the market, not here where ar5eh0les rule the boards and all decent research is buried under their piles of sh1te.

driver - 26 Apr 2011 19:22 - 77 of 258

TopAnalyst

Can you remove your post from this thread; you do not have any research on ORE and have never posted on here before.

kimoldfield - 26 Apr 2011 19:42 - 78 of 258

I hope he/she is ok Driver. All a bit strange. An anagram of topanalyst is anal's potty.

driver - 27 Apr 2011 10:16 - 79 of 258

kim

I can think of another anagram for him that I couldnt possibly post on here.

kimoldfield - 27 Apr 2011 12:41 - 80 of 258

:o)

moneyplus - 27 Apr 2011 12:48 - 81 of 258

:o) on the risers board today on a quiet day--all coming together nicely.

driver - 16 May 2011 09:30 - 82 of 258

Still waiting here sampling results are due at any time now top up if you can.

driver - 18 May 2011 09:23 - 83 of 258

On the up again.

driver - 23 May 2011 08:25 - 84 of 258

Nice bit of news. Its all looking good still plenty of time to get in on the cheap.


Orogen Gold PLC
Exploration Update
RNS Number : 0210H
Orogen Gold PLC
23 May 2011

Orogen Gold Plc

("Orogen" or "the Company")

Exploration Update
Orogen Gold Plc (AIM:ORE) the AIM listed mineral exploration company, focussed on gold exploration and development in Eastern Europe, announces the advancement of its plan to reopen access to the Deli Jovan gold mines in eastern Serbia. Deli Jovan comprises two shallow underground gold mines at Rusman and Gindusa, about 6 kilometres apart along a major shear zone, that were last in production over seventy years ago.

As previously reported, permission has been granted by the Serbian Licensing Authority to open up the original shafts into the Deli Jovan mine. The Company is now pleased to announce that a landowner agreement has been completed to facilitate the planned work at the Rusman mine area; this will allow the Company begin work there. Furthermore, the Company is pleased to announce that it has purchased 39 acres of land over the Gindusa mine area. This has secured access to the site, in readiness for work to begin.

An experienced Serbian underground mining refurbishment contractor has been appointed and their preparation work will begin immediately, with work at the site to commence before the end of May 2011.

Historical drawings show mine shafts that descend approximately 100 metres, with galleries every 30 metres or so, following high grade gold veins. At this stage the condition of the shafts and galleries is unknown. Once access to the underground workings is completed, the Company plans to carry out detailed re-mapping and re-sampling to feed into a preliminary assessment of the resource potential.

Ed Slowey, CEO, commented:

"This news represents real momentum towards our company's goals. The successful accessing of these historic mines will be a significant step forward in our programme. We now have access to what we believe are prized assets with great potential .We look forward to reporting back as the work programme progresses".





Balerboy - 06 Jun 2011 07:55 - 85 of 258

gold up.....ore down....???

driver - 06 Jun 2011 12:56 - 86 of 258

bb

ORE have not produced any gold yet what is your point. Buy before they do.

kimoldfield - 06 Jun 2011 15:48 - 87 of 258

Or(e) you may be sorry!! Or(e) not! :o)

Cheap as chips at the moment. Speculative still, but cheap as chips for a punt.

driver - 06 Jun 2011 17:03 - 88 of 258

From the last RNS Top up while we wait. A 1m buy at the end.

Ed Slowey, CEO, commented: "This news represents real momentum towards our company's goals. The successful accessing of these historic mines will be a significant step forward in our programme. We now have access to what we believe are prized assets with great potential .We look forward to reporting back as the work programme progresses".

537scott - 07 Jun 2011 16:18 - 89 of 258

Is the plan to do some surface mining, and do they have the facility to process the ore. Or are we looking at two to three years before production starts.

driver - 07 Jun 2011 16:31 - 90 of 258

We are waiting for sampling results before work begins any time up to two years before Gold is produced IMO. Good results will see this fly.

As previously reported, permission has been granted by the Serbian Licensing Authority to open up the original shafts into the Deli Jovan mine. The Company is now pleased to announce that a landowner agreement has been completed to facilitate the planned work at the Rusman mine area; this will allow the Company begin work there. Furthermore, the Company is pleased to announce that it has purchased 39 acres of land over the Gindusa mine area. This has secured access to the site, in readiness for work to begin.

An experienced Serbian underground mining refurbishment contractor has been appointed and their preparation work will begin immediately, with work at the site to commence before the end of May 2011.

Historical drawings show mine shafts that descend approximately 100 metres, with galleries every 30 metres or so, following high grade gold veins. At this stage the condition of the shafts and galleries is unknown. Once access to the underground workings is completed, the Company plans to carry out detailed re-mapping and re-sampling to feed into a preliminary assessment of the resource potential.

driver - 08 Jun 2011 13:52 - 91 of 258

Looks like the digging is well under way for the trenching samples. Pic taken from the Web Site.

Balerboy - 08 Jun 2011 14:05 - 92 of 258

is that the best "Crappy " machine they have or the only one they have??

driver - 08 Jun 2011 14:12 - 93 of 258

Balerboy

Are you on half term.

HARRYCAT - 08 Jun 2011 14:12 - 94 of 258

Driver & photographer. Two man band, with as you say, a tired and elderly digger (the machine, not the driver!). I've dug bigger holes than that in my back garden! Come to think of it, I did see something glitter in the sunlight................;o)
Register now or login to post to this thread.