Gold-Ore Resources Ltd.
TSX VENTURE : GOZ

Gold-Ore Resources Ltd.

April 26, 2007 09:30 ET

Gold-Ore Resources Ltd.: Bjorkdal Gold Mine-Additional Drill Results

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - April 26, 2007) - Gold-Ore Resources Ltd. (TSX VENTURE:GOZ) is pleased to provide further results from the on-going underground drill campaign at the Bjorkdal Gold Mine in Sweden. Gold-Ore has now completed 140 core holes totalling 12,800 metres from the underground workings. Gold-Ore has an option to purchase 100% of the gold-producing property from Minmet plc of Dublin, Ireland.

Drill Results

The results in the tables below are separated into wide-spaced and infill drill holes. The deposit is initially drilled at 30-metre spacing and mineralized areas are then infill drilled at 15-metre spacing. This practice will enable the calculation of a measured and indicated resource later this summer and will also permit conversion to proven and probable reserves during the upcoming Feasibility Study.

Surface Drilling Program

A surface diamond drill contract was recently awarded and a rig will commence drilling on May 15. This drill will initially start working on the Storheden Zone (located 1,000 metres north of the pit) and will move towards the open pit to attempt to link these two large areas into one mineralized body. Storheden has previously been tested with 70 drill holes and all intersected similar styles and grades of mineralization seen in the pit area. An initial 4,000 metres of drilling is allocated to this area and will involve approximately 20 holes averaging 200 metres long. Other target areas on the property are being evaluated and may require drill testing later this summer.



Significant Intersections (Wide-spaced drilling)

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Core True Gold
From To Interval Width Grade
Drill Hole Section (m) (m) (m) (m) (g/t)
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2007-009 90 East 32.0 35.0 3.0 3.0 17.78
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56.0 59.0 3.0 3.0 75.33
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2007-010 90 East 53.0 56.0 3.0 2.7 6.69
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60.0 63.0 3.0 2.7 8.93
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67.0 69.7 2.7 2.4 15.99
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2007-019 Ramp 22.0 27.0 5.0 4.5 13.58
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2007-020 Ramp 20.0 23.7 3.7 3.2 5.23
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67.2 70.0 2.8 2.5 4.14
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72.0 75.0 3.0 2.6 3.08
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2007-031 60 East 29.9 32.0 2.1 2.1 71.06
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2007-033 60 East 7.0 9.0 2.0 2.0 2.72
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85.0 87.0 2.0 2.0 4.65
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119.0 121.0 2.0 2.0 6.46
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155.0 157.0 2.0 2.0 5.40
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2007-034 60 East 12.0 15.0 3.0 2.7 4.76
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Significant Intersections (In-fill drilling)

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Core True Gold
From To Interval Width Grade
Drill Hole Section (m) (m) (m) (m) (g/t)
------------------------------------------------------------
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2007-021 75 East 18.0 20.6 2.6 2.6 4.02
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2007-022 75 East 42.0 47.1 5.1 4.8 7.96
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58.5 61.0 2.5 2.4 6.10
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85.0 87.6 2.6 2.5 2.59
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2007-023 75 East 0.0 4.0 4.0 3.3 5.22
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86.0 89.0 3.0 2.5 3.80
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2007-025 75 East 42.0 45.0 3.0 2.8 9.40
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2007-026 75 East 6.0 8.0 2.0 2.0 9.03
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11.0 13.2 2.2 2.2 3.62
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2007-027 45 East 25.0 28.9 3.9 3.5 3.38
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63.3 68.0 4.7 4.3 9.78
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83.0 86.0 3.0 2.7 3.03
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2007-028 45 East 13.1 16.0 2.9 2.9 2.58
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19.5 22.0 2.5 2.5 3.17
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36.0 38.2 2.2 2.2 5.05
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52.0 54.3 2.3 2.3 102.83
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including 53.5 54.3 0.8 0.8 295.00
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86.7 89.0 2.3 2.3 4.91
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2007-029 45 East 38.4 41.0 2.6 2.5 17.11
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58.0 61.0 3.0 2.9 7.18
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2007-036 15 East 3.0 5.6 2.6 2.4 7.92
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19.1 22.0 2.9 2.7 5.96
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29.0 32.0 3.0 2.7 3.32
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35.0 37.4 2.4 2.2 6.88
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63.0 66.0 3.0 2.7 2.66
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2007-037 15 East 4.0 6.4 2.4 2.2 2.79
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72.4 75.0 2.6 2.4 5.36
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78.2 81.0 2.8 2.6 54.63
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90.0 93.0 3.0 2.8 9.39
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2007-039 15 East 39.0 41.0 2.0 2.0 2.52
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2007-040 15 East 45.4 48.0 2.6 2.3 2.73
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56.0 59.0 3.0 2.7 14.50
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Sample Protocol and Chain of Custody

In order to minimize the effects of the coarse, nugget gold at Bjorkdal, two different sample preparation techniques are employed on the core at Bjorkdal. The wide-spaced drill holes are logged, photographed and sawed in half. Half of the core is then shipped to ALS Chemex for gold analysis. The infill drill holes are logged and photographed, and then the entire core is shipped to ALS Chemex for gold analysis. A rigorous QA/QC program is employed and involves the insertion of blanks, certified standards and field and lab duplicates.

Bjorkdal property information is posted on the Company's web site at www.goldoreresources.com. Robert S. Wasylyshyn, P. Geo. is the Company's Qualified Person for the Bjorkdal Project.

ON BEHALF OF THE BOARD

Robert Wasylyshyn, President

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.

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
    (604) 629-0400 (FAX)
    Website: www.goldoreresources.com