Gold-Ore Reports Ronnberget Drill Results, Sweden
August 13 2009 - 8:31AM
Marketwired Canada
Gold-Ore Resources Ltd. (TSX VENTURE:GOZ) announces that significant gold
mineralization has been intersected in the recently completed drill program on
the Ronnberget property located 4 kilometers east of its Bjorkdal Gold Mine,
Sweden. During June and July, 10 core holes totaling 1,027 metres were
completed. The following table lists the significant gold intersections.
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Hole From To Interval Gold Grade
Number Northing Easting Dip (m) (m) (m) (g/t)
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2009-601 7210859 1731246 -45 42.0 46.0 4.0 3.92
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2009-602 7210863 1731242 -45 42.0 50.0 8.0 2.30
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2009-603 7210853 1731254 -45 43.0 52.0 9.0 1.25
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2009-605 7210818 1731253 -45 39.6 44.1 4.5 18.6
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2009-606 7210836 1731273 -45 55.0 61.0 6.0 1.36
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2009-608 7210878 1731261 -50 44.8 46.0 1.2 8.10
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The program was designed to confirm the gold mineralization reported from
historic drilling and initially tested an area measuring approximately 50 metres
by 80 metres. The drilling confirmed significant gold values. The style of gold
mineralization at Ronnberget is significantly different from that of the
Bjorkdal deposit. The gold is not restricted to vertical quartz veins, but
rather is associated with sub-horizontal zones in mafic volcanic rocks that are
silicified and chlorite-altered, with or without quartz veins. Gold-Ore
continues to compile the data and interpret the results to plan additional
exploration work in the area. Further drilling will be required to understand
the gold resource potential in the Ronnberget area.
After completion of the Ronnberget drilling the drill rig was moved to the
Bjorkdal open pit area. Two sub-pits, currently being mined, the SEE Zone and
Quartz Mountain Zone, will be drilled over the next few months. This drilling
will guide the expansion and mining within these pits. Underground resource
expansion drilling continues with an additional diamond drill rig.
About Gold-Ore
Gold-Ore Resources is a gold mining and exploration company focused in Sweden.
The Company is generating positive cash flow, is debt-free and unhedged, and
remains focused on increasing gold production from the 100%-owned Bjorkdal Gold
Mine. In addition to Bjorkdal, the Company also has other assets in the country;
the Ronnberget Gold Property (adjacent to Bjorkdal), the Norrliden Polymetallic
Deposit and the Vallberget Polymetallic Property.
ON BEHALF OF THE BOARD
Glen Dickson, Chairman
This news release may contain forward-looking statements including but not
limited to comments regarding the timing and content of upcoming work programs,
geological interpretations, receipt of property titles, production levels,
potential mineral recovery processes, etc. Forward-looking statements address
future events and conditions and therefore, involve inherent risks and
uncertainties. Actual results may differ materially from those currently
anticipated in such statements.
News Release 09-12
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