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OROGEN GOLD EXTENDS GOLD DISCOVERY AT MUTSK PROJECT IN ARMENIA
London South East, UK
Sept 22 2014
Mon, 22nd Sep 2014 09:52
LONDON (Alliance News) - Orogen Gold PLC Monday said further drill
assay results from the Mutsk gold project in Armenia has extended
the gold discovery area at the site.
The company said assaying of the latest drill results at the site
show a continuation of the wide gold zone 300 metres to the north of
the project.
It said the mineralised zone at Mutsk remains open along the strike
and down dip, and said drilling will continue to extend and infill
along the mineralised trend.
"We are pleased to report that assaying has confirmed the extension
of the Mutsk gold zone to the north, with widths and gold values
similar to those discovered in drilling about 300m further south,"
said Orogen Chief Executive Ed Slowey.
"Mineralisation remains open along strike to the north and south from
this hole as well as down dip to the west. We will continue drilling
over the coming weeks to both infill between the existing holes and
with a view to extending the mineralised zone further," Slowey added.
Orogen shares were down 2.5% to 0.117 pence on Monday.
By Sam Unsted
http://www.lse.co.uk/AllNews.asp?code=9ryhmbe5&headline=Orogen_Gold_Ext ends_Gold_Discovery_At_Mutsk_Project_In_Armenia
From: A. Papazian
London South East, UK
Sept 22 2014
Mon, 22nd Sep 2014 09:52
LONDON (Alliance News) - Orogen Gold PLC Monday said further drill
assay results from the Mutsk gold project in Armenia has extended
the gold discovery area at the site.
The company said assaying of the latest drill results at the site
show a continuation of the wide gold zone 300 metres to the north of
the project.
It said the mineralised zone at Mutsk remains open along the strike
and down dip, and said drilling will continue to extend and infill
along the mineralised trend.
"We are pleased to report that assaying has confirmed the extension
of the Mutsk gold zone to the north, with widths and gold values
similar to those discovered in drilling about 300m further south,"
said Orogen Chief Executive Ed Slowey.
"Mineralisation remains open along strike to the north and south from
this hole as well as down dip to the west. We will continue drilling
over the coming weeks to both infill between the existing holes and
with a view to extending the mineralised zone further," Slowey added.
Orogen shares were down 2.5% to 0.117 pence on Monday.
By Sam Unsted
http://www.lse.co.uk/AllNews.asp?code=9ryhmbe5&headline=Orogen_Gold_Ext ends_Gold_Discovery_At_Mutsk_Project_In_Armenia
From: A. Papazian