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subject: Gg And Orfg: Two Gold Stocks To Keep Your Eye On From Pennytobuck.com [print this page]


Orofino Gold CorpOrofino Gold Corp. (PINKSHEETS: ORFG) has several Gold development properties in Colombia, a current hot spot of gold production in the world markets. With the frequent occurrence of the very high grade gold vein systems in the central area of its Senderos de Oro project and with several small scale grinding and amalgamation mills in-place Orofino 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. Orofino 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.

For more information visit www.orofinogold.com

Goldcorp Inc. ( NYSE: GG) engages in the acquisition, exploration, development, and operation of precious metal properties in Canada, the United States, Mexico, and Central and South America. Recently, GG presented its initial response to the recently completed independent human rights assessment (HRA) prepared by On Common Ground Consultants Inc. The report is the result of an eighteen month assessment of how the Marlin mine which is operated by Montana Exploradora de Guatemala, a wholly-owned subsidiary of GG, has affected human rights, and whether GG has in place and is implementing effectively policies and procedures to mitigate the risks of potential conflicts with international human rights standards. GG has begun a multi-phase process of developing and implementing business management practices that will ensure broader due diligence for human rights consistent with the Ruggie framework adopted by the United Nations Human Rights Council. As part of that process, GG is carefully considering each of the recommendations in the HRA report. GG has provided its initial responses to the HRA recommendations and commits to provide regular updates regarding the status and progress toward implementation of the recommendations.

More about GG at www.goldcorp.com

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by: Bill Pennyman




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