Drill Results Mar 7, 2007
Subj: Bjorkdal Gold Mine - Additional Drill Results Date: 07-03-07 20:40:42 EST From: info@goldoreresources.com (Gold Ore Resources Ltd.)
======================================================================= Bjorkdal Gold Mine - Additional Drill Results =======================================================================
Gold-Ore Resources Ltd. is pleased to provide further results from underground drilling at the Bjorkdal Gold Mine in Sweden. Gold-Ore has now drilled 120 core holes totaling 10,600 metres from the underground workings excavated in 2006. Gold-Ore has an option to purchase 100% of the gold-producing property from Minmet plc of Dublin, Ireland.
Drill Results
The results in the tables below are separated into wide-spaced and infill drill holes. The area being tested was initially drilled on a systematic basis on sections spaced 30 metres apart. Upon the receipt of extremely positive initial results, the decision to drill infill sections at spacing of 15 metres was made.
These latest drill results continue to demonstrate that the mineralization previously mined in the open pit extends northward and remains open to further expansion. The area tested by the drilling thus far spans 650 metres (across strike of the veins) by 150 metres (along strike of the veins). This entire area hosts a series of continuous gold-bearing veins. Mining methods and capital and operating costs are being compiled. A test mining program will commence during April and will involve the collection of bulk samples from several veins for immediate processing in the Bjorkdal plant. Gold recovered will be sold at the spot price and the revenue will be used to offset exploration costs.
Significant Intersection (wide-spaced drilling)
Drill Hole Section From To Core Interval True Gold Grade (m) (m) (m) Width (m) (g/t) 2006-080 60 West 46.0 49.0 3.0 3.0 8.25 2006-089 30 West 43.0 48.0 5.0 3.8 5.86 2006-090 30 West 13.0 17.0 4.0 3.7 2.75 22.4 25.0 2.6 2.4 5.66 2007-003 30 West 52.5 55.0 2.5 2.5 4.10 139.0 141.0 2.0 2.0 8.72 2007-004 30 West 21.0 24.0 3.0 2.9 9.01 30.1 33.0 2.9 2.8 32.80 76.0 79.0 3.0 2.9 8.04 83.0 86.0 3.0 2.9 4.10 2007-007 90 East 17.0 20.0 3.0 2.4 5.38 2007-008 90 East 8.0 11.0 3.0 2.7 2.59 24.0 27.0 3.0 2.7 57.77 52.0 56.0 4.0 3.6 6.71 66.0 69.0 3.0 2.7 3.14 73.0 75.8 2.8 2.5 10.13
Significant Intersections (In-fill)
Drill Hole Section From To Core Interval True Gold Grade (m) (m) (m) Width (m) (g/t) 2006-051 45 East 53.9 57.7 3.8 3.6 3.18 73.9 77.0 3.1 2.9 4.53 2006-082 45 East 15.0 18.0 3.0 2.8 16.67 25.0 27.4 2.4 2.3 4.22 2006-083 15 East 1.0 7.0 6.0 5.2 14.13 22.0 26.0 4.0 3.5 3.78 54.9 58 3.1 2.7 3.77 72.0 75.6 3.6 3.1 4.30 2006-091 45 East 27.0 30.2 3.2 2.7 3.20 2006-092 45 East 76.8 80.0 3.2 2.1 8.26 2007-001 75 East 34.0 38.0 4.0 2.2 11.94 2007-005 75 East 50.0 52.2 2.2 2.1 4.11 2007-011 45 East 30.0 32.3 2.3 2.2 5.10 2007-013 45 East 12.8 14.8 2.0 2.0 3.28 2007-014 15 East 2.0 4.1 2.1 2.0 3.03 22.0 24.5 2.5 2.4 8.76 2007-015 15 East 24.0 26.5 2.5 2.5 4.62 29.0 31.0 2.0 2.0 3.69 40.0 42.0 2.0 2.0 3.04 46.0 48.0 2.0 2.0 2.92 2007-016 15 East 2.0 4.5 2.5 2.4 9.13 74.9 77.2 2.3 2.2 3.43
Sample Protocol and Chain of Custody
In order to minimize the effects of the coarse, nugget gold at Bjorkdal, two different preparation techniques are employed on the core at Bjorkdal. The wide-spaced drill holes are logged, photographed and sawed in half. Half of the core is then shipped to ALS Chemex for gold analysis. The infill drill holes are logged and photographed, and then the entire core is shipped to ALS Chemex for gold analysis. Of the 107 drill holes reported on to date, 19 holes (18%) are infill and 88 holes (82%) are wide-spaced.
All drill core is transported by Gold-Ore personnel to the ALS Chemex lab in Pitea, Sweden. The core is crushed and pulverized and a 500 gram split is assayed by an accelerated cyanide leach (bottle roll). This method was selected as the large sample assayed minimizes the nugget effect and provides for a more reliable assay. A rigorous QA/QC program is employed and involves the insertion of blanks, certified standards and field and lab duplicates.
For more information please contact Glen Dickson or Bob Wasylyshyn at (604) 687-8884. Bjorkdal property information is posted on the Company's web site at www.goldoreresources.com Robert S. Wasylyshyn; P. Geo. is the Company's Qualified Person for the Bjorkdal Project.
ON BEHALF OF THE BOARD
Glen Dickson, Chairman
======================================================================= Copyright (c) 2007 GOLD ORE RESOURCES LTD. (GOZ) All rights reserved. For more information visit our website at goldoreresources.com or send mailto:info@goldoreresources.com Message sent on Wed Mar 7, 2007 at 5:32:21 PM Pacific Time |