SpaceX IPO is the biggest IPO in stock market history. Join the conversation.Click here

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksSosandar Regulatory News (SOS)

Share Price Information for Sosandar (SOS)

Share Price is delayed by 15 minutes
Get Live Data
11.00    0.00 (0.00%)
Bid:
10.50
Ask:
11.50
Spread: 1.00 (9.524%)
Market Cap: £24.00m
SOS Live PriceLast checked at - London Stock Exchange

Intraday Sosandar Share Chart

Operational Update

25 Apr 2013 07:00

RNS Number : 1582D
Orogen Gold PLC
25 April 2013
 



25 April 2013

Orogen Gold Plc

("Orogen Gold", "Orogen" or "the Company")

Operational Update

Orogen Gold today announces that the second-phase of drilling, announced on the 27th February, is planned to commence in Q2 at the Deli Jovan historic gold mining camp in Serbia once work focused on the high grade trench discovery at Gindusa West is completed. Activities will include additional high-density soil sampling and step out trenching from the discovery trench to extend and define the mineralised zone. This work has now commenced, with results expected later in Q2, 2013. Orogen will make a more detailed announcement on the commencement of drilling in the coming weeks.

At the Gindusa Mine zone further drilling is also proposed to establish the resource potential of this segment of the Deli Jovan Shear Zone. The Company has contracted Snowden Consultants to undertake a high level overview of drill results to date and provide guidance on the 2013 drill programme.

Snow has cleared from the Mutsk property in Armenia, where Orogen has established a field base in preparation for an initial due diligence evaluation programme which has just commenced at site. The aim is to confirm the potential of a gold epithermal system discovered by our JV partners in 2011 and will comprise re-logging and sampling of existing drill core, as well as detailed mapping and sampling in the under-explored permit area. A limited programme of follow-up diamond drilling is planned commencing in Q2, subject to satisfactory confirmation of the previously reported gold values. Results from this work are expected late in Q2 and into Q3 2013.

The Company is sufficiently funded to undertake the planned work programmes and looks forward to reporting further positive news as the projects advance.

About Orogen Gold

Orogen Gold plc is a UK public company quoted on the London Stock Exchange AIM market (ticker: ORE). The company's activities are focused on mineral exploration and development in Europe. The Deli Jovan gold exploration district in Serbia is the Company's main operational project. The historic high-grade gold mining camp was last in production prior to World War II and has been significantly under-explored in modern times. The Mutsk project in Armenia, located 30km from Lydian International's Amulsar gold deposit (2.4 million ounces Measured and Indicated Resources), has recently been optioned by Orogen which is undertaking a due diligence study to confirm a new epithermal gold discovery reported from shallow drilling on the property.

 

Enquiries:

 

Orogen Gold Plc

+353 1662 8395

Ed Slowey, CEO

Alan Mooney, FD

WH Ireland Limited

+44 (0) 20 7220 1666

Tim Feather

James Bavister

Newgate Threadneedle

+44 (0) 20 7653 9840

Richard Gotla

Beth Harris

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
DRLSEIFILFDSESL
Date   Source Headline
21st Jul 20212:01 pmRNSPrice Monitoring Extension
20th Jul 20217:00 amRNSFull Year Results
12th Jul 20215:30 pmRNSHolding(s) in Company
29th Jun 20217:00 amRNSNotice of Results and Presentation
21st Jun 20217:00 amRNSGrant of Options
11th Jun 20215:17 pmRNSHolding(s) in Company
8th Jun 20215:02 pmRNSHolding(s) in Company
3rd Jun 20214:47 pmRNSHolding(s) in Company
28th May 20212:20 pmRNSDirector/PDMR Shareholding
25th May 20214:40 pmRNSSecond Price Monitoring Extn
25th May 20214:36 pmRNSPrice Monitoring Extension
25th May 20212:05 pmRNSSecond Price Monitoring Extn
25th May 20212:00 pmRNSPrice Monitoring Extension
25th May 202111:09 amRNSResult of Fundraise
25th May 202111:05 amRNSSecond Price Monitoring Extn
25th May 202111:00 amRNSPrice Monitoring Extension
25th May 20217:00 amRNSClose of Accelerated Bookbuild & PrimaryBid Offer
24th May 20215:02 pmRNSPrimaryBid Offer
24th May 20215:00 pmRNSPlacing and Subscription to raise £5.3 million
5th May 20217:00 amRNSBoard Changes
13th Apr 20214:41 pmRNSSecond Price Monitoring Extn
13th Apr 20214:36 pmRNSPrice Monitoring Extension
13th Apr 20217:01 amRNSTrading Update
13th Apr 20217:00 amRNSChange of Nominated Adviser and Broker
11th Mar 20217:00 amRNSBrand partnership with Marks & Spencer
23rd Feb 20217:02 amRNSHolding(s) in Company
13th Jan 20219:05 amRNSSecond Price Monitoring Extn
13th Jan 20219:00 amRNSPrice Monitoring Extension
13th Jan 20217:00 amRNSTrading Update
1st Dec 20207:00 amRNSHalf Year Results and Trading Update
24th Nov 20202:20 pmRNSHolding(s) in Company
23rd Nov 20204:40 pmRNSSecond Price Monitoring Extn
23rd Nov 20204:35 pmRNSPrice Monitoring Extension
23rd Nov 20202:06 pmRNSSecond Price Monitoring Extn
23rd Nov 20202:01 pmRNSPrice Monitoring Extension
18th Nov 20207:00 amRNSNotice of Results
15th Oct 202010:55 amRNSResult of AGM
7th Oct 20207:00 amRNSHalf Year Trading Update
18th Sep 20202:02 pmRNSNotice of AGM
16th Sep 20205:01 pmRNSHolding(s) in Company
7th Sep 20207:00 amRNSNotice of AGM
18th Aug 20207:00 amRNSFull Year Results
7th Jul 20207:00 amRNSQ1 Trading Update
26th Jun 20207:00 amRNSAppointment of Finance Director
9th Jun 20207:00 amRNSTrading and COVID-19 Update
17th Apr 20208:30 amRNSHolding(s) in Company
2nd Apr 202010:19 amRNSDirector/PDMR Shareholding and Total Voting Rights
26th Mar 20204:40 pmRNSSecond Price Monitoring Extn
26th Mar 20204:35 pmRNSPrice Monitoring Extension
18th Mar 20209:05 amRNSSecond Price Monitoring Extn

Due to London Stock Exchange licensing terms, we stipulate that you must be a private investor. We apologise for the inconvenience.

To access our Live RNS you must confirm you are a private investor by using the button below.