🕐29.06.10 - 23:45 Uhr

Gold-Ore Continues to Extend Mine Life at Bjorkdal Gold Mine



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Gold-Ore Continues to Extend Mine Life at Bjorkdal Gold Mine

Vancouver, BC, Canada - Gold-Ore Resources Ltd. (GOZ:TSX) is pleased to report results from the underground development drilling at the 100%-owned Bjorkdal Gold Mine in Sweden. This latest drilling has been concentrated within two blocks that are not currently within the reserve/resource model. In the last five months, the Company has completed 20 diamond drill holes totalling 3,300 metres. The significant intersections are tabled below.

Bob Wasylyshyn, President stated "Drilling over the last seven months within Expansion Blocks 1 and 2 has intersected numerous gold mineralized veins of mineable grades and widths. Based on our extensive mining and drilling experience and our understanding of the orebody, management is confident that, at today�s gold price, these results have extended the underground mine life by between one and two years. This will be confirmed by an updated reserve/resource estimate later this year. The orebody remains open to expansion and during the next five months we will drive two new explorations tunnels to further test the limits of known mineralization."

Surface Diamond Drilling
The Company will commence a surface drilling campaign in late July. The objective of this program is to develop new open pit and underground minable reserves/resources near current operations. This drilling will start at the SEE open pit and move towards the Nylunds Zone where over 100 historic holes have intersected gold mineralized quartz veins similar to those currently being mined.

Significant Drill Intersections

Drill Hole Section From (m) To
(m) Core Interval (m) True Width (m) Gold Grade (g/t) 2010-001 100 East 1.8 2.8 1.0 1.0 72.20 9.0 11.6 2.6 2.5 8.84 2010-002 100 East 33.9 34.9 1.0 1.0 5.64 60.7 62.7 2.0 2.0 5.15 2010-003 120 East 162.0 163.0 1.0 1.0 6.45 2010-004 160 East 116.0 117.0 1.0 1.0 22.20 2010-005 160 East 39.4 42.1 2.7 2.6 5.29 2010-006 160 East 19.9 23.0 3.1 2.9 10.80 119.9 122.8 2.9 2.7 11.08 2010-007 160 East 153.9 161.7 7.8 7.5 54.69 including 156.9 157.8 0.9 0.9 77.00 including 159.7 160.7 1.0 1.0 228.00 including 160.7 161.7 1.0 1.0 91.30 2010-008 149 East 124.5 125.5 1.0 0.9 18.40 142.4 143.4 1.0 0.9 8.13 153.8 154.7 0.9 0.8 6.03 168.0 170.0 2.0 1.7 5.94 193.7 194.6 0.9 0.8 7.00 200.6 201.6 1.0 0.9 10.75 2010-009 80 West 25.7 26.7 1.0 1.0 10.70 2010-010 80 West 11.9 14.6 2.7 2.6 2.37 44.9 47.7 2.8 2.7 3.11 2010-011 80 West 40.4 41.4 1.0 0.9 5.24 140.0 143.0 3.0 2.8 29.25 including 140.0 141.0 1.0 0.9 87.00 167.7 170.7 3.0 2.8 8.39 2010-012 40 West 3.0 5.7 2.7 2.1 3.97 2010-013 40 West 25.0 28.0 3.0 2.9 5.23 60.9 63.8 2.9 2.8 32.20 including



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