Orogen Gold is strongly encouraged by preliminary modelling of its 2016 drill results at Mutsk, Armenia, and has step-out holes planned to the north and south with an immediate drilling start-up. "The planned drilling step-outs are aggressive and, if successful, will considerably enhance the project size," said CEO Colin Bird. "This, together with the recently announced drilling programme in Nevada, demonstrates that the Company is strong in its mission to identify a portfolio of significant near-surface gold deposits in different global regions to spread risk and enhance shareholder value." Orogen said the drilling programme would assist in defining the overall envelope of gold mineralisation at Mutsk. "The drill rig has already been remobilised to site and work is expected to commence immediately. The additional drilling is expected to be completed in approximately 4-5 weeks," the company said in a statement.
0.00 (0.00%)delayed 18:15PM