Gold-Ore Lists on TSX Senior Board
Company:
Gold-Ore Resources Ltd
Title:
Gold-Ore Lists on TSX Senior Board
Text:
VANCOUVER, BRITISH COLUMBIA--(Marketwire - May 10, 2010) - Gold-Ore Resources Ltd. (the "Company") (TSX VENTURE:GOZ) is pleased to announce that it has received conditional approval to list its shares for trading on the Toronto Stock Exchange senior board. Shares are expected to begin trading by the end of the second quarter.
Gold-Ore's Chairman & CEO, Glen Dickson, stated, "At Gold-Ore, we see our graduation to the senior board of the Toronto Stock Exchange as recognition of Gold-Ore maturing from a junior exploration company to a gold producer. We now have a well developed underground and open-pit mine at Bjorkdal that we were able to acquire and develop with minimal equity dilution and no debt. The Company is now positioned to strengthen the cash flow generated by Bjorkdal through cost cutting and grade control initiatives. At the same time we will continue to place a strong emphasis on exploring the highly prospective region around the mine and continue to evaluate other corporate opportunities."
About Gold-Ore
Gold-Ore Resources is a gold mining and exploration company currently focused in the Skelleftea mining district in northern Sweden. The Company's primary asset is the Bjorkdal Mine, which is cash flow positive, debt-free and unhedged. In addition to Bjorkdal, the Company also has other assets in the district including the mineral rights to 57 square kilometres around the mine site, as well as the Norrliden Polymetallic Deposit.
Bjorkdal property information is posted on the Company's web site at www.goldore.ca.
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, 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 10-08
VANCOUVER, BRITISH COLUMBIA--(Marketwire - May 10, 2010) - Gold-Ore Resources Ltd. (the "Company") (TSX VENTURE:GOZ) is pleased to announce that it has received conditional approval to list its shares for trading on the Toronto Stock Exchange senior board. Shares are expected to begin trading by the end of the second quarter.
Gold-Ore's Chairman & CEO, Glen Dickson, stated, "At Gold-Ore, we see our graduation to the senior board of the Toronto Stock Exchange as recognition of Gold-Ore maturing from a junior exploration company to a gold producer. We now have a well developed underground and open-pit mine at Bjorkdal that we were able to acquire and develop with minimal equity dilution and no debt. The Company is now positioned to strengthen the cash flow generated by Bjorkdal through cost cutting and grade control initiatives. At the same time we will continue to place a strong emphasis on exploring the highly prospective region around the mine and continue to evaluate other corporate opportunities."
About Gold-Ore
Gold-Ore Resources is a gold mining and exploration company currently focused in the Skelleftea mining district in northern Sweden. The Company's primary asset is the Bjorkdal Mine, which is cash flow positive, debt-free and unhedged. In addition to Bjorkdal, the Company also has other assets in the district including the mineral rights to 57 square kilometres around the mine site, as well as the Norrliden Polymetallic Deposit.
Bjorkdal property information is posted on the Company's web site at www.goldore.ca.
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, 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 10-08