Update From Oro Gold's Trinidad Site
posted on
Nov 28, 2009 07:37PM
multi million oz potential
Oro Gold drills 8.5 g/t Gold over 61 metres - Trinidad, Mexico
Update From Oro Gold's Trinidad Site (OGR.V ~ OGRSF)
Update From Trinidad Site
As of November 20, 2009
Taunus Gold Deposit
* 3 diamond drill rigs onsite. Total diamond drill holes completed: 33 (7,400m drilled to date) - click here ( http://tiny.cc/SQttr ) to view drill hole location map.
* Hole 09TR031: (completed) - Step-Out - objective is to expand the HS Zone to the west and to test the depth potential for feeders. Completed to a depth of 393m.
* Hole 09TR032: (completed) - Step-Out - objective is to define high-grade zone located south of hole 09TR020 (5.3 g/t gold over 13.4m and 4.1 g/t gold over 13.0m), and over 250 metres south of HS Zone. Completed to a depth of 367m.
* Hole 09TR033: (completed) - Step-Out - objective is to intersect a shallow high-grade gold zone approximately 450 metres south of HS Zone. Completed to a depth of 168m.
* Hole 09TR034: (ongoing) - HS Zone deep target - objective is to drill HS Zone with PQ diameter core for metallurgical testing and to continue the hole testing a deeper target below the HS Zone. This is planned to be the deepest hole drilled to date. Target depth is 600m.
* Hole 09TR035: (ongoing) - Step-Out - objective is to extend high-grade south of hole 09TR020 (5.3 g/t gold over 13.4m and 4.1 g/t gold over 13.0m), and over 290 metres south of HS Zone.
* Hole 09TR036: (ongoing) - objective is to intersect HS zone 50 metres to the west of hole 09TR022 (8.6 g/t gold over 20.9m and 17.4 g/t gold over 10.1m).
* Drill Progress: continue to experience very difficult ground conditions - working to improve drilling; a drill specialist has arrived at site and is devoted full time to improve all aspects of drilling. A reverse circulation drill rig is on its way - will implement as a tool for pre-collars to get down faster and allow completion of deeper diamond drill holes.
* Assays pending for holes 27 to 33.
Trinidad District
* Surface exploration completed at El Habal prospect (located 15 km west-northwest of Taunus); drill targets prioritized.
* Surface exploration on-going in the northern and western portions of the Trinidad property where access is possible during the current "wet" season, which includes prospecting, mapping, sampling and trenching in various areas to identify and prioritize drill targets. Several new gold zones have been discovered and are currently being followed-up. Drill-testing is planned during the dry season - latter part of Q4 and early 2010.
We have also created a new page called Top Ten Investor Questions. http://tiny.cc/YxAKc We encourage you to visit this page.
http://www.orogoldresources.com/main/?UpdateFromTrinidadSite