Oro Gold Resources Ltd.
TSX VENTURE : OGR

Oro Gold Resources Ltd.

October 27, 2005 12:21 ET

Oro Gold Stakes Panama Prospects

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - Oct. 27, 2005) - Oro Gold Resources Ltd. ("Oro Gold") (TSX VENTURE:OGR) has applied for mineral title to 6 concessions in 3 regions covering more than 750 km2. The properties are strategically located in the Veraguas, Los Santos, Herrera, and Darien provinces of central and eastern Panama, and represent highly prospective ground in under-explored precious metal belts. As part of the Company's ongoing generative exploration activity, the properties were identified through a systematic review of historical government and private industry data, in conjunction with field evaluations.

The properties are characterized by highly (gold) anomalous surface geochemistry including both rock and stream sediment samples, and are located in belts that host significant epithermal precious metal and/or gold-copper porphyry deposits and occurrences.

The concessions are located outside of autonomous indigenous lands, national parks, and tourist development areas. Access and infrastructure are moderate to excellent.

Oro Gold will have 100% ownership, and may joint-venture out some of the projects once concessions are granted. The applications have been accepted and are now subject to a standard review process by branches of the Panamanian government.

Many factors now make Panama an attractive place to conduct business in the resource sector; apart from its mineral resource potential, the demonstrated commitment by the government to reactivate the mining industry and implement progressive measures to improve procedures and standards was an important factor in Oro Gold's decision to pursue available opportunities.

Generative efforts continue in Mexico and Central America.

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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