Gold-Ore Lists on TSX Senior Board
May 10 2010 - 8:30AM
Marketwired
Gold-Ore Resources Ltd. (the "Company") (TSX VENTURE: GOZ) is
pleased to announce that it has received conditional approval to
list its shares for trading on the Toronto Stock Exchange senior
board. Shares are expected to begin trading by the end of the
second quarter.
Gold-Ore's Chairman & CEO, Glen Dickson, stated, "At
Gold-Ore, we see our graduation to the senior board of the Toronto
Stock Exchange as recognition of Gold-Ore maturing from a junior
exploration company to a gold producer. We now have a well
developed underground and open-pit mine at Bjorkdal that we were
able to acquire and develop with minimal equity dilution and no
debt. The Company is now positioned to strengthen the cash flow
generated by Bjorkdal through cost cutting and grade control
initiatives. At the same time we will continue to place a strong
emphasis on exploring the highly prospective region around the mine
and continue to evaluate other corporate opportunities."
About Gold-Ore
Gold-Ore Resources is a gold mining and exploration company
currently focused in the Skelleftea mining district in northern
Sweden. The Company's primary asset is the Bjorkdal Mine, which is
cash flow positive, debt-free and unhedged. In addition to
Bjorkdal, the Company also has other assets in the district
including the mineral rights to 57 square kilometres around the
mine site, as well as the Norrliden Polymetallic Deposit.
Bjorkdal property information is posted on the Company's web
site at www.goldore.ca.
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, 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 10-08
The TSX Venture Exchange has not reviewed and does not accept
responsibility for the adequacy or accuracy of this release.
Contacts: Gold-Ore Resources Ltd. Glen Dickson (604) 687-8884
Gold-Ore Resources Ltd. Bob Wasylyshyn (604) 687-8884 Gold-Ore
Resources Ltd. Ron Ewing (604) 687-8884 www.goldore.ca
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