Gold-Ore Reports Ronnberget Drill Results, Sweden
August 13 2009 - 9:30AM
Marketwired
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
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.goldoreresources.com
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