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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 - 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)

Balerboy - 08 Jun 2011 14:15 - 95 of 258

LOL.,. your not really serious driver........are you.,.

driver - 08 Jun 2011 14:23 - 96 of 258

Balerboy

Yes

Balerboy - 08 Jun 2011 14:24 - 97 of 258

wish i hadn't seen the pics....looks like your investing in 4 blokes and a wheel barrow

driver - 08 Jun 2011 14:25 - 98 of 258

H Cat

They are digging trenching samples not a new London Underground Tube System.

driver - 08 Jun 2011 14:28 - 99 of 258

Balerboy

I wish you didn't keep posting on here.

Balerboy - 08 Jun 2011 14:31 - 100 of 258

now don't get like that driver......12 mill capital and they're using a 30 year old machine??? not encouraging

HARRYCAT - 08 Jun 2011 14:36 - 101 of 258

Don't take it personally Driver. Not much happening on the Stock Market today, so looking at a pretty dull screen. Thus contributing inane comments to a thread I know very little about! You have got to admit though, that that digger has passed it's sell by date and I suspect has been written off the books as it has no residual value.

Balerboy - 08 Jun 2011 14:39 - 102 of 258

ditto harry, getting bored.,.
edit: though driver did leave himself open when posting the pic.,.

driver - 08 Jun 2011 14:39 - 103 of 258

bb

It's not your problem if you do not hold. What is the point of posting, this is not the playground. There some serious punters in ORE holding millions of shares I we dont need this crap.

HARRYCAT - 08 Jun 2011 14:42 - 104 of 258

Not very happy with the share performance by the sound of it?

driver - 08 Jun 2011 14:46 - 105 of 258

HC
Very happy I have been accumulating since .4 and on dips around .7 not in any hurry.
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