Oro Gold Resources Ltd.
TSX VENTURE : OGR

Oro Gold Resources Ltd.

October 21, 2005 09:00 ET

Oro Gold Stakes Guasima Property in Copala Gold-Silver District, Mexico

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - Oct. 21, 2005) - Oro Gold Resources Ltd. ("Oro Gold") (TSX VENTURE:OGR) has staked the 130 km2 Guasima property located in the state of Sinaloa, Mexico. Guasima is a strategically located claim with numerous gold mineralized zones and old workings.

Results of 49 stream sediment samples taken from main drainages on the property as part of an initial reconnaissance survey returned values as high as 456 ppb Au. In addition, rock samples collected from old mine workings including dump material assayed up to 38.1 g/t Au, confirming strong gold potential in the area.

Guasima borders the historic Copala gold-silver mining district with many of its known veins trending onto the Guasima property. The prolific Copala district has produced gold and silver dating back to 1565, and is now being explored with renewed interest by other junior exploration companies. Guasima is also adjacent to and shares a similar geological setting with the Cimarron property, currently Oro Gold's high priority exploration target where epithermal vein and potentially arc-related IOCG (iron-oxide-copper-gold) targets are being explored.

Oro Gold will begin systematically exploring the property once official title is granted by the Mexican government.

The claim was staked by Minera Camargo S.A. de C.V. on behalf of Oro Gold. Oro Gold will have 100% ownership in the Guasima property with Minera Camargo retaining a 0.5 to 1% NSR dependent on the price of gold.

All samples were collected under the supervision of Michelle Robinson, P.Eng., a qualified person as denoted in National Instrument 43-101, and were analyzed at Acme Analytical labs in Vancouver, Canada.

On behalf of the board of directors,

Darren Bahrey

This news release may contain forward-looking statements based on assumptions and judgments of management regarding future events or results. Such statements are subject to a variety of risks and uncertainties which could cause actual events or results to differ materially from those reflected in the forward-looking statements. Oro Gold disclaims any intention or obligation to revise or update such statements.


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

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