LAS VEGAS, NV,
Feb. 28, 2013 /PRNewswire/ - Orofino
Gold Corp. ("Orofino" or the "Company") (OTCQB: ORFG.PK) and its
Board of Directors announced today the Company's strategic
production and cash flow plan is expected to include construction
of a 20 to 40 metric ton per day mill at the La Estrella Project in
Colombia.
Orofino Gold's strategic focus in the Sur de Bolivar Department
of Colombia is to develop a modern mining operation at La Estrella
that has the potential to create cash-generating partnerships with
local Artisanal miners. Anticipated development includes permitting
and environmental improvements to help facilitate sustainable and
profitable long-term production.
Orofino's corporate objective is to build shareholder value
through the exploration and development of the Senderos de
Oro Gold Camp and other potentially
accretive acquisitions by capitalizing on the experience and
industry relationships management has developed over the past 25
years. Orofino expects to add new technical and financial expertise
to its roster as the Company advances its strategic production and
cash flow plan. Orofino will announce these additions as they
develop and are consummated by the Board of Directors.
Orofino Gold is a Colombian-based gold exploration company
initially founded in 2009 as a private corporation by executives
with over 50 years of collective experience in mining exploration,
finance and development.
Please visit the Orofino Gold website at:
www.orofinogoldcorp.com
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.
SOURCE Orofino Gold Corp.