Gold-Ore Resources Ltd.
TSX VENTURE : GOZ

Gold-Ore Resources Ltd.

August 13, 2009 09:30 ET

Gold-Ore Reports Ronnberget Drill Results, Sweden

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Aug. 13, 2009) - Gold-Ore Resources Ltd. (TSX VENTURE:GOZ) announces that significant gold mineralization has been intersected in the recently completed drill program on the Ronnberget property located 4 kilometers east of its Bjorkdal Gold Mine, Sweden. During June and July, 10 core holes totaling 1,027 metres were completed. The following table lists the significant gold intersections.



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Hole From To Interval Gold Grade
Number Northing Easting Dip (m) (m) (m) (g/t)
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2009-601 7210859 1731246 -45 42.0 46.0 4.0 3.92
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2009-602 7210863 1731242 -45 42.0 50.0 8.0 2.30
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2009-603 7210853 1731254 -45 43.0 52.0 9.0 1.25
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2009-605 7210818 1731253 -45 39.6 44.1 4.5 18.6
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2009-606 7210836 1731273 -45 55.0 61.0 6.0 1.36
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2009-608 7210878 1731261 -50 44.8 46.0 1.2 8.10
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The program was designed to confirm the gold mineralization reported from historic drilling and initially tested an area measuring approximately 50 metres by 80 metres. The drilling confirmed significant gold values. The style of gold mineralization at Ronnberget is significantly different from that of the Bjorkdal deposit. The gold is not restricted to vertical quartz veins, but rather is associated with sub-horizontal zones in mafic volcanic rocks that are silicified and chlorite-altered, with or without quartz veins. Gold-Ore continues to compile the data and interpret the results to plan additional exploration work in the area. Further drilling will be required to understand the gold resource potential in the Ronnberget area.

After completion of the Ronnberget drilling the drill rig was moved to the Bjorkdal open pit area. Two sub-pits, currently being mined, the SEE Zone and Quartz Mountain Zone, will be drilled over the next few months. This drilling will guide the expansion and mining within these pits. Underground resource expansion drilling continues with an additional diamond drill rig.

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 unhedged, and remains focused on increasing gold production from the 100%-owned Bjorkdal Gold Mine. In addition to Bjorkdal, the Company also has other assets in the country; the Ronnberget Gold Property (adjacent to Bjorkdal), the Norrliden Polymetallic Deposit and the Vallberget Polymetallic Property.

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, production levels, 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 09-12

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