subject: Mdm And Orfg Stock Update - Pennytobuck.com [print this page] Orofino Gold CorporationOrofino Gold Corporation. (Pink:ORFG) has several viable Gold development properties in Colombia, a current hot spot of gold production in the world markets. ORFG has categorized the Senderos de Oro properties as good high priority, high return opportunities. These properties are in areas of known gold reserves, and have current small scale production of Gold. Recent samples returned values as high as 250 grams Gold with high copper values exceeding 10%. Geological trending indicates continuation at depth. ORFGs competitive advantages are the close long term relationships to Mexico and Colombia with their numerous high quality low cost gold opportunities. ORFG has a Spanish speaking team with geological leadership with over 30 years in Mexico and 28 years in Colombia.
Mountain Province Diamonds Inc. (AMEX:MDM) announced the results of an updated independent valuation of the diamonds recovered from the Gahcho Ku Project during the exploration phase. The valuation was conducted by WWW International Diamond Consultants Ltd. and took place at the London offices of the Diamond Trading Company in early April, 2010. All diamond values presented below are based on the WWW Price Book as at 13 April, 2010. In their report to Mountain Province, WWW stated: "The Tuzo sample and the 5034 East sample both contained one high value large stone. For Tuzo there was a 25.14 carat stone valued at $17,000 per carat and 5034 East had a 9.90 carat stone valued at $15,000 per carat. It is encouraging that such high value stones were recovered in samples of this size. If they are found in the same frequency throughout the resource then the modelled APs (Average Prices') will certainly be towards the 'high' values."
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