subject: Stock Report On Orfg.pk And Tgb Brought To You By Pennytobuck.com [print this page] ORFG, Orofino Gold Corporation, (Other OTCBB: ORFG.PK)
ORFG.PK is a precious metals acquisition, exploration, and development company thats offering investors a golden opportunity.
When the dollar is devalued, the price of gold goes up as this metal becomes a safe haven for traders. ORFG.PK knows the value of gold in todays economy and has recently signed an option agreement to acquire several properties in Colombia, a current hot spot of gold production.
Results from mineralized and un-mineralized material samples, as well as selected representative samples collected from its Colombian projects that ran higher than expected in gold, silver and copper, give the precious metals acquisition, exploration, and development company four very strong targets and two extremely rich structures to target for gold and copper.
ORFG.PK will now implement an airborne magnetometer program, as well as begin site preparation for the diamond drilling planned to take place in the second quarter of 2010.
Taseko Mines Limited (Amex: TGB) is pleased to announce that the British Columbia Provincial Government has granted Taseko a long-term, renewable, 25-year mining lease for the Prosperity gold-copper project. The mining lease provides the Company with mineral tenure security.
Russell Hallbauer, President and CEO of Taseko commented, Converting the Prosperity mineral claims to a mining lease is another important milestone in the development of our Prosperity Project and a further endorsement by the British Columbia Government. The mining lease represents a direct interest in land and is the highest attainable form of mineral ownership rights associated with publicly-owned crown land in British Columbia. The mining lease also provides Taseko with the right to use the land for mining purposes.
Taseko Mines Limited (AMEX: TGB) is a British Columbia based mining company. Its main assets are the 75% owned Gibraltar copper-molybdenum mine, the Prosperity gold-copper project, the Harmony gold project and the early stage Aley niobium project.
The Gibraltar copper-molybdenum mine, located in south-central British Columbia, is a 46,000 ton per day operation with a life of mine average annual production of 100 million pounds of copper and 1.1 million pounds of molybdenum. The mine is undergoing an expansion and modernization project which will increase annual copper production capacity to 115 million pounds by 2011. The current mine life is 26 years and there are additional resources that could significantly extend the mine life. For more information go to http://www.tasekomines.com/
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