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Gold-Ore Continues to Extend Mine Life at Bjorkdal Gold Mine
Vancouver, BC, Canada - Gold-Ore Resources Ltd. (GOZ:TSX) is pleased to report results from the underground development drilling at the 100%-owned Bjorkdal Gold Mine in Sweden. This latest drilling has been concentrated within two blocks that are not currently within the reserve/resource model. In the last five months, the Company has completed 20 diamond drill holes totalling 3,300 metres. The significant intersections are tabled below.
Bob Wasylyshyn, President stated "Drilling over the last seven months within Expansion Blocks 1 and 2 has intersected numerous gold mineralized veins of mineable grades and widths. Based on our extensive mining and drilling experience and our understanding of the orebody, management is confident that, at todays gold price, these results have extended the underground mine life by between one and two years. This will be confirmed by an updated reserve/resource estimate later this year. The orebody remains open to expansion and during the next five months we will drive two new explorations tunnels to further test the limits of known mineralization."
Surface Diamond Drilling
The Company will commence a surface drilling campaign in late July. The objective of this program is to develop new open pit and underground minable reserves/resources near current operations. This drilling will start at the SEE open pit and move towards the Nylunds Zone where over 100 historic holes have intersected gold mineralized quartz veins similar to those currently being mined.
Significant Drill Intersections
Drill Hole
Section
From (m)
To
(m)
Core Interval (m)
True Width (m)
Gold Grade (g/t)
2010-001
100 East
1.8
2.8
1.0
1.0
72.20
9.0
11.6
2.6
2.5
8.84
2010-002
100 East
33.9
34.9
1.0
1.0
5.64
60.7
62.7
2.0
2.0
5.15
2010-003
120 East
162.0
163.0
1.0
1.0
6.45
2010-004
160 East
116.0
117.0
1.0
1.0
22.20
2010-005
160 East
39.4
42.1
2.7
2.6
5.29
2010-006
160 East
19.9
23.0
3.1
2.9
10.80
119.9
122.8
2.9
2.7
11.08
2010-007
160 East
153.9
161.7
7.8
7.5
54.69
including
156.9
157.8
0.9
0.9
77.00
including
159.7
160.7
1.0
1.0
228.00
including
160.7
161.7
1.0
1.0
91.30
2010-008
149 East
124.5
125.5
1.0
0.9
18.40
142.4
143.4
1.0
0.9
8.13
153.8
154.7
0.9
0.8
6.03
168.0
170.0
2.0
1.7
5.94
193.7
194.6
0.9
0.8
7.00
200.6
201.6
1.0
0.9
10.75
2010-009
80 West
25.7
26.7
1.0
1.0
10.70
2010-010
80 West
11.9
14.6
2.7
2.6
2.37
44.9
47.7
2.8
2.7
3.11
2010-011
80 West
40.4
41.4
1.0
0.9
5.24
140.0
143.0
3.0
2.8
29.25
including
140.0
141.0
1.0
0.9
87.00
167.7
170.7
3.0
2.8
8.39
2010-012
40 West
3.0
5.7
2.7
2.1
3.97
2010-013
40 West
25.0
28.0
3.0
2.9
5.23
60.9
63.8
2.9
2.8
32.20
including