TORONTO, Aug. 5, 2020 /CNW/ - At the request of
IIROC, Orford Mining Corporation ("Orford" or the
"Company") (TSXV: ORM) wishes to confirm that the Company's
management is unaware of any material change in the Company's
operations that would account for the recent increase in market
activity.
Orford is a gold explorer
focused on highly prospective and underexplored areas of
Northern Quebec and is listed on
the TSX Venture Exchange under the symbol ORM.
Neither TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
This news release may contain assumptions, estimates, and other
forward-looking statements regarding future events. Such
forward-looking statements involve inherent risks and uncertainties
and are subject to factors, many of which are beyond the Company's
control that may cause actual results or performance to differ
materially from those currently anticipated in such statements.
About Orford Mining Corporation
Orford Mining is a
gold explorer focused on highly prospective and underexplored areas
of Northern Quebec. Orford's principal assets are the Qiqavik and
West Raglan projects comprising a land package totaling over 80,000
hectares in the Cape Smith Belt of Northern Quebec. The Qiqavik Project hosts
several new high-grade gold discoveries along a mineralized trend
in excess of 40 km. The West Raglan project hosts a number of high
grade Raglan-style nickel/copper/platinum group metal discoveries
along a 55 km mineralized trend. Orford also recently acquired two property
positions in the Joutel region of the Abitibi district of northern
Quebec, which hosts historical
deposits such as the Eagle/Telbel, Joutel Copper, Poirier Copper, and Vezza deposits. Orford continually seeks new gold exploration
opportunities in North America.
Orford's common shares trade on
the TSX Venture Exchange under the symbol ORM. This information
from neighbouring properties is not necessarily indicative of the
mineralization on Orford Mining's properties.
To view further details about the Qiqavik and West Raglan
Projects please visit Orford's
website, www.orfordmining.com.
Cautionary Statement Concerning Forward-Looking
Statements
Neither the TSXV nor its Regulation Services Provider (as
that term is defined in the policies of the TSXV) accepts
responsibility for the adequacy or accuracy of this
release.
This news release contains "forward-looking information"
including without limitation statements relating to the liquidity
and capital resources of Orford
and potential of one or more of the Qiqavik, and West
Raglan, properties.
Forward-looking statements involve known and unknown risks,
uncertainties and other factors which may cause the actual results,
performance or achievements of Orford to be materially different from any
future results, performance or achievements expressed or implied by
the forward-looking statements. Factors that could affect the
outcome include, among others: future prices and the supply of
metals; the results of drilling; inability to raise the money
necessary to incur the expenditures required to retain and advance
the properties; environmental liabilities (known and unknown);
general business, economic, competitive, political and social
uncertainties; accidents, labour disputes and other risks of the
mining industry; political instability, terrorism, insurrection or
war; or delays in obtaining governmental approvals, failure to
obtain regulatory or shareholder approvals. For a more detailed
discussion of such risks and other factors that could cause actual
results to differ materially from those expressed or implied by
such forward-looking statements, refer to Orford's filings with Canadian securities
regulators available on SEDAR at www.sedar.com.
Although Orford has
attempted to identify important factors that could cause actual
actions, events or results to differ materially from those
described in forward-looking statements, there may be other factors
that cause actions, events or results to differ from those
anticipated, estimated or intended. Forward-looking statements
contained herein are made as of the date of this news release and
Orford disclaims any obligation to
update any forward-looking statements, whether as a result of new
information, future events or results or otherwise, except as
required by applicable securities laws.
The TSXV has neither approved nor disapproved the contents of
this news release.
www.orfordmining.com
SOURCE Orford Mining Corporation