Mutsk Gold Project, Armenia - Operational Update

Orogen Gold plc

("Orogen" or the "Company")

Mutsk gold project, Armenia - Operational Update

Orogen Gold plc (AIM:ORE), the AIM quoted gold exploration company, provides the following update on the Company's Mutsk gold project in southern Armenia.

Highlights:

· Geophysical surveys extend target zone to minimum 2.4km strike

· IP and magnetic surveying show strongest anomalies in undrilled northern sector

· Drill testing planned on new northern target as well as extensions of previously drilled gold intervals

Ed Slowey, Chief Executive of Orogen, commented: "The IP geophysics programme has been very successful, having extended our target zone at Mutsk to almost 2.5 kilometres, with the zone remaining open towards the north. Magnetic surveying also shows an extensive area of what is interpreted as possible hydrothermal alteration, similar to that associated with gold mineralisation further south. We will now plan for drill testing of this target, as well as extensions of gold mineralisation encountered further south in earlier drill phases, with drilling due to commence shortly."

A detailed geophysical programme comprising Induced Polarisation, Resistivity and Magnetic surveys has been completed across the 2.5 square kilometre core target area of the Mutsk project in Armenia.

The magnetic survey data has assisted considerably in interpretation of fault structures which may exert control over distribution of mineralisation. Areas of low magnetism appear to reflect zones of hydrothermal alteration, including an area of about 600 metres by 200 metres that includes wider lower-grade gold intercepts reported from diamond drilling earlier this year.

Of particular interest is a large area of low magnetism, perhaps representing hydrothermal alteration, covering in excess of 800 metres by 600 metres in the northern part of the survey grid. This encompasses an extensive zone of mapped pyritic gossanous volcanics which is known to be gold-bearing based on previous chip/channel sampling. This target has not yet been drill tested.

The IP/Resistivity survey shows a north-south oriented chargeability/resistivity anomaly more or less coincident with the main mineralised structure at Mutsk across most of the lines surveyed, covering the full 2.4 kilometres strike length of the surveyed area. The anomaly appears to strike underneath cover rocks to the north and the target remains open in this direction.

The Directors have concluded from the IP survey and detailed geological mapping that the north-south structural zone with associated pyrite mineralisation, which is gold-bearing in several shallow drill holes completed to date in the southern part of the target area, may extend further than previously known along strike to the north over a total length of 2.4 kilometres. In addition, the anomaly increases in strength in this area which is partly coincident with the large area of possible hydrothermal alteration interpreted from the magnetics. The IP anomaly remains open to further extension to the north under shallow younger rock cover.

About the Mutsk Project

The Mutsk Project is located in southern Armenia at about 2,000m elevation and is three hours' drive from the capital Yerevan. The site is accessible most of the year other than during the core winter months. Maps showing the location and details of the project are available on the Company's website.

Limited historic exploration had been carried out until drilling by Georaid in 2011, which intersected low sulphidation epithermal-type pyrite-gold mineralisation in altered and brecciated tuffs, similar in age to those that host the Lydian International high sulphidation Amulsar gold deposit (4.1 million ounces in Measured, Indicated and Inferred Resources) located 30km to the northwest, also in Armenia.

Orogen has an exclusive agreement with Georaid CJSC to earn an 80% interest in the property by spending a total of US$2.5m by the end of August 2016.

-ENDS-

Approval

Ed Slowey, CEO of Orogen, is a Competent Person as defined by various international instruments and takes responsibility for the release of this information.

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About Orogen Gold

Orogen Gold plc is a UK public company quoted on the London Stock Exchange AIM market (ticker: ORE). The Company is focused on mineral exploration and development in Europe and is currently operating two gold exploration projects: a) at Mutsk in Armenia and b) at Deli Jovan in Serbia. The Mutsk gold project in Armenia was optioned by Orogen early in 2013 to follow-up reports of a new epithermal discovery within an established gold district. At Deli Jovan 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.