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
Β 

ο»Ώ

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.

Β 

Enquiries:

Β 

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

Β 

This information is provided by RNS
The company news service from the London Stock Exchange
Β 
END
Β 
Β 
DRLSEIFILFDSESL
Date   Source Headline
29th Sep 20107:00 amRNSFinal Results
7th Sep 20102:02 pmRNSDirector/PDMR Shareholding
6th Sep 20108:42 amRNSHolding(s) in Company
1st Sep 201010:12 amRNSResult of GM
9th Aug 20107:00 amRNSIssue of Equity and Investment Agreement
18th Dec 20099:21 amRNSHalf Yearly Report
29th Oct 200911:59 amRNSResult of AGM and Trading Update
30th Sep 20097:00 amRNSFinal Results
4th Aug 200911:11 amRNSHolding(s) in Company
13th Jul 20091:44 pmRNSHolding(s) in Company
13th Jul 20091:42 pmRNSDirector/PDMR Shareholding
13th Jul 20091:40 pmRNSTotal Voting Rights
8th Jul 20097:01 amPRNPlacing and Directorate Change
8th Jul 20097:00 amPRNChange of Adviser
24th Jun 200910:46 amPRNSubsidiary Placed into Bankruptcy Proceedings
19th Jun 200911:35 amRNSResult of General Meeting
26th May 200911:24 amPRNReorganisation of Share Capital
25th Mar 20094:00 pmPRNDirectorate Change
23rd Dec 20084:00 pmPRNHalf-yearly Report
30th Oct 20083:21 pmPRNResult of AGM
1st Oct 20087:00 amPRNRestatement of Preliminary Statement of Results
29th Sep 20087:00 amPRNPreliminary Results
28th Jul 20081:04 pmPRNStatement re Share Price Movement
24th Jul 20087:00 amPRNBoard Appointment
31st Jan 20087:00 amRNSTotal Voting Rights
16th Jan 20085:07 pmRNSDisclosure
24th Dec 200711:49 amRNSPlacing New Ordinary Shares
20th Dec 20077:00 amPRNInterim Results
12th Nov 200711:57 amPRNResult of AGM
25th Sep 200712:50 pmPRNFinal Results
17th Aug 20074:53 pmPRNRule 26
1st Aug 20077:00 amPRNAcquisition
19th Mar 20077:00 amPRNInvestment
30th Jan 20077:00 amPRNInvestment
29th Jan 20078:52 amRNSHolding(s) in Company
5th Jan 20072:18 pmRNSTotal Voting Rights
18th Dec 20067:05 amPRNInterim Results
18th Dec 20067:00 amPRNPlacing and Appointment of CEO
15th Dec 200611:57 amRNSTotal Voting Rights
29th Sep 20061:03 pmRNSResults
23rd Mar 20067:01 amRNSAcquisition
26th Jan 20067:00 amRNSRestoration: HHK plc
26th Jan 20067:00 amRNSInterim Results
3rd Jan 20061:25 pmRNSStatement re. Suspension
3rd Jan 20067:01 amRNSSuspension: HHK plc

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.