Adam Reynolds Chairman said: "I am pleased that Orogen has been able to secure this position in Nevada which has a history of prolific gold production. Nevada represents a mining friendly and transparent jurisdiction for investment of shareholder funds. Our technical opinion of this property suggests the potential for a project which can be quickly understood and if appropriate brought into production. We have sufficient funds in place to commence work on the project and we believe that our presence in the region will bring opportunities which could not be identified remotely. To this end we will work to identify and participate in other Nevada gold mining ventures. This project complements our Mutsk property in Armenia and provides investors with a balanced gold/exploration portfolio."
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