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ORFG.PK, Planning to design a central processing and recovery facility;...
ORFG.PK, Planning to design a central processing and recovery facility; Orofino Strikes Colombian Gold! by CRWEWallstreet.com 07.20.2010
Orofino Gold Corp. (PINK SHEETS: ORFG) is an international gold company focused on the acquisition, exploration and development of gold properties in Mexico and Colombia.
FOR IMMEDIATE RELEASE
(Free-Press-Release.com) July 20, 2010 --
When Orofino says that it is offering investors a great opportunity, its word is as good as gold!
Orofino Gold Corp. (PINK SHEETS: ORFG) is a precious metals acquisition, exploration, and development company that has signed an option agreement to acquire several properties in Colombia, currently a hot spot of gold production.
With the frequent occurrence of the very high grade gold vein systems in the central area of its Senderos de Oro project, and with several small scale grinding and amalgamation mills in-place, Orofino is planning to design a central processing and recovery facility that is modular in design (each additional module added creates 10,000 ounces of annual production) and will be capable of processing enough high-grade material to produce up to 120,000 ounces of gold annually.
The company has reviewed several engineering and design firms with gold production facilities design and operational experience and is currently creating a short list prior to engaging the design team. Orofino intends to continue the relationships currently enjoyed with all government agencies and, the local communities, as well as current production teams, and will involve these groups in all major processing and production planning decisions.
The company also continues to explore further the Primary Porphyry Target which is the bulk minable gold/copper porphyry systems.
As you know, Orofino Gold Corp has announced that it has secured an option on several properties in Columbia that show a great deal of promise for gold mining.
Mexico and Columbia are among the hottest places currently for companies looking for gold mining opportunities. Into the fray has entered Orofino Gold, a company headquartered in Hong Kong. Orofino Gold's properties are in areas which are presently engaged in small scale production.
Experts who have examined the sites believe that there is potential for significant gold extraction along with silver and copper. If the experts are right, Orofino Gold could be poised for a new gold strike in Columbia.
About Orofino Gold
Orofino Gold Corp. (PINK SHEETS: ORFG) is an international gold company focused on the acquisition, exploration and development of gold properties in Mexico and Colombia.
The company has reviewed several bulk minable properties and has signed an option to acquire properties in the Sur de Bolivar Department of Colombia South America.
The company and it’s Qualified Persons ( QP) are currently assembling and reviewing all necessary information which will assist the company in targeting it’s planned first quarter 2010 drill program.
More about ORFG at: http://orofinogold.com/
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Industry: Business Services

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