Sunday, July 18, 2010

OROFINO GOLD CORP

 ORFG, Orofino Gold Corp., ORFG.PK

Many people don't realize that Colombia is the fourth largest country in South America .

Since the time of the Spanish conquistadors, there has been a demand for the many natural resources that Colombia has which includes gold, silver, emeralds, platinum and coal.

In the last decades of the 20th century, Colombia earned a bad reputation due to the operation of drug cartels and cocaine cowboys. Colombia has tried hard to revive its reputation and to clean up its image.

With the continuing strength of gold prices which have steadily risen over the past five years, Colombia is now getting more press for its mineral resources than its drug resources.

Ownership of gold and silver - along with quality precious metals mining shares - is becoming one of the hottest investments on the planet.

ORFG has several Gold development properties in Colombia, a current hot spot of gold production in the world markets.

At the ORFG's Senderos de Oro project, government recorded Gold production from the area has been significant with production records between 1987 to present of over 1,300,000 ounces. All production has been Artisanal (small miners) in nature and production continues to this day.

With the frequent occurrence of the very high grade gold vein systems in the central area of ORFG's Senderos de Oro project and with several small scale grinding and amalgamation mills in-place ORFG is planning to design a central processing and recovery facility that is modular in design (each additional module added creates 10,000 ounces of annual production) and will be capable of processing enough high grade material to produce up to 120,000 ounces of gold annually while ORFG continues to explore further the Primary Porphyry Target which is the bulk minable gold/copper porphyry systems.

ORFG has reviewed several engineering and design firms with gold production facilities design and operational experience and is currently creating a short list prior to engaging the design team.

ORFG intends to continue the relationships currently enjoyed with all government agencies, the local communities, as well as current production teams and will involve these groups in all major processing and production planning decisions.
  
More about ORFG at       http://www.orofinogold.com/

No comments: