Oro Gold to drill 10,000 m at Trinidad property

Mr. Darren Bahrey reports

ORO GOLD REPORTS 2008 HIGHLIGHTS AND 2009 PLANS

Oro Gold Resources Ltd. has released a summary of its 2008 exploration highlights, along with an upcoming plan.

Highlights of 2008:

• Over 15,000 metres drilled on Trinidad and Cimarron properties;
• New zone discovered at Trinidad, with drill results of 8.5 grams per tonne gold over 61 metres;
• Trinidad inferred gold resource (compliant with NI 43-101) increased over 100 per cent to 200,930 ounces (4,491,800 million tonnes at 1.39 g/t gold at a 0.5 g/t cut-off), and does not include the latest round of 4,000-metre drilling, which returned high-grade gold intercepts (see press release in Stockwatch dated July 2, 2008);
• Reverse circulation (RC) drilling appears to underestimate the gold grade of the Trinidad deposit based on higher-grade results returned in diamond drill core twin holes;
• Preliminary gravity metallurgical analyses on composite drill sample intervals indicate that 30 to 60 per cent of the gold is recoverable by gravity separation;
• Positive drill results of 0.9 g/t gold over 90 metres returned at Cimarron with resource potential, currently optioned out.

"We continue to demonstrate the significance of our wholly owned Trinidad district, in terms of discovery potential and the quality of our targets in producing high-grade gold ounces, and will continue to focus our exploration efforts at Trinidad," stated Darren Bahrey, president and chief executive officer.

"Our corporate mandate has not changed, and that is to aggressively define gold resources sufficient to attract producers, while preserving a tight capital structure and minimizing share dilution."

Plans for 2009

Oro Gold plans to complete a minimum of 10,000 metres of drilling on its Rosario gold belt property portfolio located in Sinaloa, Mexico.

The priority targets continue to be located on the Trinidad property.

Additional drilling will be directed at its other properties in the belt and will be financed by joint venture partners.

Oro Gold's focus will be to define and increase the gold resource base, maintaining a low resource acquisition and discovery-cost rate.

The current capital markets have prompted Oro Gold's management to take action to guarantee long-term viability of the company by reducing corporate and administrative overhead by more than 40 per cent.

These cost-saving measures will contribute to conserving cash and protecting the company's assets while allowing for a 2009 exploration program to be executed on the Trinidad property.

Total costs in 2008 amounted to approximately $4.5-million, of which over $3-million was directed toward project exploration in Mexico, including $1-million financed by joint venture partners.

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