Oro Gold Resources Ltd.
TSX VENTURE : OGR

Oro Gold Resources Ltd.

April 06, 2010 13:10 ET

Oro Gold Announces New Officer Appointments

VANCOUVER, BRITISH COLUMBIA--(Marketwire - April 6, 2010) - Oro Gold Resources Ltd. ("Oro Gold" or "Company") (TSX VENTURE:OGR) announces the appointments of Priscila Costa Lima as Chief Financial Officer and Peter Kendrick as Vice President Corporate Development of the Company, effective April 1, 2010.

A Certified Management Accountant, Ms. Costa Lima holds a BBA in Finance with a joint Major in Economics from Simon Fraser University and will be responsible for leading the accounting and financial reporting duties of Oro Gold. She is fluent in Portuguese and Spanish, has worked in the Resource industry in Vancouver since 2004 and was previously the Corporate Controller for Western Prospector Group Ltd. ("Western") a Vancouver based TSX-V Company. While at Western, she managed the implementation of new ERP systems in Mongolia and Canada as well as successfully led the transition of Western's former management team to a new team. Ms. Costa Lima also played a major role with the take-over bids and due diligence processes that resulted in the sale of Western to a major Chinese company.

"The appointment of Ms. Costa Lima represents Oro Gold's commitment to bringing highly experienced professionals into our management team. Her contribution to the Company will be invaluable as we continue to grow as a gold exploration company developing a resource base," stated Darren Bahrey, President and Chief Executive Officer of Oro Gold.

As Chief Financial Officer, Ms. Costa Lima has replaced Peter Kendrick who accepted a new appointment with the Company as Vice President Corporate Development. Mr. Kendrick has been a Director of the Company and the Chief Financial Officer since 2007.

"Mr. Kendrick is an essential member of our management team, and thus I am pleased to report that this new appointment will enable him to focus exclusively in establishing our Company's strategic vision, enhancing our corporate communications, and identifying new opportunities to further accelerate Oro Gold's growth," said Mr. Bahrey. Mr. Kendrick has over 20 years of experience in the mining industry and worked with Placer Dome from 1994 to 1999 where he served in numerous project evaluation and project management type roles on projects throughout the United States, Africa, Russia and Latin America. He holds a B.S. in Geophysical Engineering from the Colorado School of Mines, with a minor in Geology, an International MBA from the American Graduate School of International Management and is also fluent in Spanish.

About Oro Gold

Oro Gold is a publicly-listed junior gold exploration company with 11 projects located in Mexico and Panama. The district scale Trinidad property continues to be the company's top priority project and the main focus of exploration and resource definition efforts. Oro Gold's corporate mandate is to maintain low costs in gold resource acquisition and discovery while growing the company's gold assets to attract producing companies.

ON BEHALF OF THE BOARD OF DIRECTORS

Darren Bahrey, President and CEO

Some statements in this release may contain forward-looking information. These statements include, but are not limited to, statements with respect to future exploration, development and production activities and future expenditures. These statements address future events and conditions and, as such, involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the statements. Such factors include, among others, the time and success of future exploration, development and production activities and the timing and amount of expenditures.

Neither the TSX Venture Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release.

Contact Information