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Last 0.06 GBp
Change Today 0.00 / 0.00%
Volume 7.7M
ORE On Other Exchanges
As of 11:30 AM 04/24/15 All times are local (Market data is delayed by at least 15 minutes).

orogen gold plc (ORE) Snapshot

0.06 GBp
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Day High
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52 Week High
06/3/14 - 0.21 GBp
52 Week Low
12/15/14 - 0.05 GBp
Market Cap
Average Volume 10 Days
-0.0023 GBp
Shares Outstanding
Dividend Yield
Current Stock Chart for OROGEN GOLD PLC (ORE)

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orogen gold plc (ORE) Details

Orogen Gold plc is engaged in the exploration and production of mineral properties in Europe. Its principal operational project includes the Deli Jovan gold project located in the territory of Zajecar municipality in Eastern Serbia. The company was formerly known as MedaVinci plc and changed its name to Orogen Gold plc in March 2011. Orogen Gold plc is based in Dublin, the United Kingdom.

orogen gold plc (ORE) Top Compensated Officers

Chief Executive Officer and Director
Total Annual Compensation: 100.0K GBP
Finance Director and Director
Total Annual Compensation: 75.0K GBP
Compensation as of Fiscal Year 2013.

orogen gold plc (ORE) Key Developments

Orogen Gold plc - Special Call

Mutsk gold project update and issue of equity

Orogen Gold plc Announces Update on its Exploration Programme at Mutsk Gold Project in Southern Armenia

Orogen Gold plc announced the following update on the company's exploration programme at the Mutsk gold project in southern Armenia. The diamond drill programme at the Mutsk gold project was completed as planned in late November 2014 as winter snow set in. In all, a total of about 4,000 m was drilled in 27 holes. The most recent holes were all drilled at 55 degrees towards the east and were planned to test both the continuity of gold mineralization within the main zone as well as exploration holes to test the possible northern and southern strike extensions of the hydrothermal alteration system. Encouragingly, holes OG14-39 and OG14-40 confirm internal continuity of hydrothermal alteration and gold mineralization within the 'main zone' over an area of at least 250 m by 100 m, with a second mineralized zone occurring about 200m to the north. OG14-42 cut unaltered rocks within a probable fault structure between the two mineralized zones. The remaining two holes demonstrated continuation of the alteration zone for over 2 km north to south and the zone remains open to the south beyond the area drilled to date. The company will use the winter season to collate and digitize the drill data gathered during the 2014 drilling programme to improve understanding of the mineralized system at Mutsk and to plan a focused follow-up programme in 2015. In addition it is planned to send a composite sample of previously assayed drill core to a specialist metallurgical laboratory in order to test how the gold occurs within the Mutsk system and how easily it liberates during mineral processing. The company looks forward to updating shareholders on both fronts in due course. Gold assaying is undertaken at an analytical laboratory located in Kapan in the south of Armenia. The laboratory is operated by the international SGS Laboratory Services company. The company inserts certified standards, blanks and duplicate samples into its sample batches to check the accuracy of the assay results. The Mutsk Project is located in southern Armenia at about 2,000 m elevation and is three and a half hours' drive from the capital Yerevan. The site is accessible most of the year other than during the core winter months. Limited historic exploration had been carried out until drilling by Georaid CJSC in 2011, which intersected low sulphidation epithermal-type pyrite-gold mineralization in altered and brecciated tuffs, similar in age and gold grade to those that host the Lydian International high sulphidation Amulsar gold deposit (4.1 million ounces in Measured, Indicated and Inferred Resources at an average grade of 1 g/t Au) located 30 km to the northwest, also in Armenia. The company has an exclusive agreement with Georaid CJSC to earn an 80% interest in the property by spending a total of $2.5 million by the end of August 2016.

Orogen Gold plc, Special/Extraordinary Shareholders Meeting, Dec 19, 2014

Orogen Gold plc, Special/Extraordinary Shareholders Meeting, Dec 19, 2014., at 14:00 GMT Standard Time. Location: Finsgate, 5-7 Cranwood Street. Agenda: To consider capital reorganisation and the grant of new authorities.


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