Orofino Gold Corp: Colombia previously the largest producer of Gold adopts new wave of modern exploration
September 05 2013 - 5:00AM
OTC Markets
Orofino Gold Corp: Colombia previously the largest producer of Gold
adopts new wave of modern exploration
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Orofino Gold Corp: Colombia previously the largest producer of Gold
adopts new wave of modern exploration
PR Newswire
LAS VEGAS, NV, Sept. 5, 2013
LAS VEGAS, NV, Sept. 5, 2013 /PRNewswire/ - Orofino Gold Corp.
(PINK OTC: ORFG)
("Orofino Gold" or the "Company") is pleased to announce that
the
Company wishes to update about Colombian mining industry.
Colombia provides a unique
opportunity for gold exploration. Formerly
the largest gold producer in South
America, the country has produced
over 80 million ounces of gold.
Civil unrest has prevented the country from experiencing the
exploration
boom of the 1980s that propelled Peru and Brazil to become major gold
producers.
Improved security conditions since 2002 under the Democratic
Security
Policy of the administration of former President Alvaro Uribe have
allowed a new wave of modern exploration. At the same time,
Colombia´s
cities have prospered and developed into modern business hubs
complete
with the high standard of infrastructure and services that
exploration
and mining companies require.
As others leave for various reasons economic or political Orofino
Gold
Corp. moves to further secure its projects that have world
class
porphyry targets that will be the next generation of Copper/Gold
mega
deposits that will be sought by the worlds leading miners.
The Company announces that shareholders of record as of
September 15,
2013, will be eligible to receive 10% dividend in shares of
the
Company, the Company expects to have shareholders be shareholders
of
record on or before the said deadline.
Forward-Looking Statements
These statements are not guarantees of future performance and
involve
certain risks and uncertainties that are difficult to predict.
Actual
results could vary materially from the description contained herein
due
to many risk factors that affect the industry the Company operates
in
and other risk factors listed from time to time in the
Company's
Securities and Exchange Commission (SEC) filings under "risk
factors"
and elsewhere. The forward-looking statements contained in this
press
release speak only as of the date on which they are made, and
the
Company does not undertake any obligation to update any
forward-looking
statement to reflect events or circumstances after the date of
this
press release.
SOURCE Orofino Gold Corp.
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