Gold-Ore Resources Ltd.
TSX VENTURE : GOZ

Gold-Ore Resources Ltd.

March 31, 2010 09:30 ET

Gold-Ore Appoints Financial Advisor

VANCOUVER, BRITISH COLUMBIA--(Marketwire - March 31, 2010) - Gold–Ore Resources Ltd. (TSX VENTURE:GOZ) is pleased to announce that it has retained Auramet Trading, LLC ("Auramet") to provide financial advisory services related to merger and acquisition opportunities for Gold-Ore. Auramet, based in Fort Lee, New Jersey, is a leading merchant banking, advisory and metal trading firm specializing in the mineral resource sector, with clients throughout the world.

About Gold-Ore

Gold-Ore Resources is a gold mining and exploration company focused in Sweden. The Company is generating positive cash flow, is debt-free and un-hedged, and remains focused on increasing gold production and reducing costs at the 100%-owned Bjorkdal Gold Mine. In addition to Bjorkdal, the Company has other assets including the mineral rights to 57 square kilometres around the mine site. Plans are being finalized for the 2010 exploration program that will include geochemical and geophysical surveys followed by surface diamond drilling of prospective targets.

Bjorkdal property information is posted on the Company's web site at www.goldoreresources.com.

ON BEHALF OF THE BOARD

Glen Dickson, Chairman

This news release may contain forward-looking statements including but not limited to comments regarding the timing and content of upcoming work programs, geological interpretations, receipt of property titles, potential mineral recovery processes, etc. Forward-looking statements address future events and conditions and therefore, involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements.

News Release 10-06

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

Contact Information

  • Gold-Ore Resources Ltd.
    Glen Dickson
    (604) 687-8884
    or
    Gold-Ore Resources Ltd.
    Bob Wasylyshyn
    (604) 687-8884
    or
    Gold-Ore Resources Ltd.
    Ron Ewing
    (604) 687-8884
    www.goldoreresources.com