LAS VEGAS, NV, July 29, 2013 /PRNewswire/ - Orofino Gold Corp.
(PINK OTC: ORFG) ("Orofino Gold" or the "Company") is pleased to
announce that in the Colombian mining districts of Sur de
Bolivar, nearer to Rio Viejo where
the Company has rediscovered a potential hidden porphyry system as
reported by the Company's consulting Geologist Michael James,
CPG.
The southern Bolivar region has become one of the principal gold
producing areas of Colombia since
the 1980's and new deposits are being discovered and worked down to
50 m of depth, by small miners using inefficient methods of mineral
extraction and processing. Initial indications suggest that
this property might contain a hidden porphyry.
There are important mesothermal vein deposits being worked on
the SW corner of the Batholith and very rich alluvial deposits in
the same area have sustained industrial mining for close to a
hundred years (Segovia, Remedios, Zaragoza and El Bagre).
The Bolivar region of Colombia
and particularly Sur de Bolivar has grown to be the principal
production area of precious metals in the country over the last 25
years, almost completely through small and medium sized mines
working in up to 170 different sites. These sites
demonstrate the potential richness of veins formed in these
structures (OROFINO has assay sample results at over 140 g
Au/t, 1011 g Ag/t and 5% Cu, from these various sites). In
contrast the most recent work holds an interesting
possibility that the 54X area shows a structural signature
that may be a hidden porphyry. Further detailed technical
work is planned and will be outlined in subsequent releases.
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.