MEDELLIN, Colombia,
Dec. 29, 2011 /PRNewswire/ - Orofino
Gold Corp. (OTCQB : ORFG.PK)
The Board of Directors of Orofino Gold Corp has terminated
previous financial service contracts and is pleased to announce the
appointment of Alfonso Calderone as
the new President and CEO based in Colombia.
"My last task as Orofino's President and CEO is to recommend to
the Orofino Gold Corp. board of Directors the appointment of Mr.
Alfonso Calderone as CEO. I
have known Mr. Calderone for more than 30 years and he brings great
mining experience to this position," said Ary Pernett past President
Mr. Pernett will continue to work with Orofino Gold Corp. as a
Senior advisor to the Board for Colombian Affairs and will
now be responsible for the field Operations, Planning,
implementation and development of all assets and fieldwork as well
as social and communities liaison with the companies Sendoros
De Oro Gold project in the Sur de Bolivar Mining District of
Colombia. Ary Pernett will also guide the company's review
with regard to other significant Gold Mining assets in Colombia.
Mr.Calderone is a Colombian National with post Graduate degrees
in Economic Geology and Mineral Exploration from Indiana University and Pennsylvania State University respectively.
Mr.Calderone has undertaken major mining projects from initial
exploration through to production stage and successful sale. The
Orofino Board of directors realized the benefits of the Messrs:
Calderone/ Pernett stewardship team and welcomes them both in their
new positions
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 or
contact: Orofino Gold Corp.
Carrera 40, 10A-65
Medellin, Colombia
Phone: 011-57-4-2682451
Fax: 011-57-4-2682499
SOURCE Orofino Gold Corp.