MEDELLIN, Colombia,
May 5, 2011 /PRNewswire/ -- In its
continued efforts to improve infrastructure in the region, Orofino
Gold Corp. (OTCQB: ORFG) has been working with Colombian utilities
supplier Electricaribe to establish power to the villages of the
local populations within Orofino's concessions. Buena Sena was supplied with electricity in July
of 2010. And by mid May, Orofino expects to have complete
electrical service established at La Azul.
La Azul's connection is coming from an intermediate station
operating at 13,200 cycles/second located in the town of
Rio Viejo. Once operational, La
Azul's infrastructure is expected to initially be tied into a 50
kva transformer.
"When the power connection was established in Buena Sena last year, it was a very important
date for that community," explains Orofino President and CEO, Mr.
Ary F. Pernett Marquez. "Imagine
what it would be like to have publicly supplied electricity for the
first time in your life. We're excited that the residents and
miners of La Azul will also be getting the benefits of such a vital
piece of infrastructure."
In addition to providing a critical piece of infrastructure to
promote growth of La Azul village, Orofino expects the connection
to the region's power grid to significantly improve production
capabilities of mine workers. As current production is being
performed with outdated equipment powered only by generators,
connecting La Azul to the region's power grid will enable Orofino
to introduce modern mining equipment and technology.
Orofino Gold is a Colombian based gold producer, founded as a
private company in 2009 by former executives with over 50
cumulative years in mining exploration, finance, and development
expertise. Orofino's corporate objective is to continue to build
shareholder value through the exploration and development of The
Senderos de Oro Gold Camp and
additional accretive acquisitions, capitalizing on the extensive
experience and relationships that management has developed over the
past 25 years.
Forward-Looking Statements: The statements by our officers,
and other statements regarding optimism related to the business,
expanding exploration and development activities and other
statements in this press release are forward-looking statements
within the meaning of the Securities Litigation Reform Act of 1995.
Such statements are based on current expectations, estimates and
projections about the Company's business. Words such as expects,
anticipates, intends, plans, believes, sees, estimates and
variations of such words and similar expressions are intended to
identify such forward-looking statements. These statements are not
guarantees of future performance and involve certain risks and
uncertainties that are difficult to predict. Actual results could
vary materially from the description contained herein due to many
risk factors that affect the industry the Company operates in and
other risk factors listed from time to time in the Company's
Securities and Exchange Commission (SEC) filings under "risk
factors" and elsewhere. The forward-looking statements contained in
this press release speak only as of the date on which they are
made, and the Company does not undertake any obligation to update
any forward-looking statement to reflect events or circumstances
after the date of this press release.
For further information, visit www.orofinogoldcorp.com
SOURCE Orofino Gold Corp.