Yahoo Finance UK
Sept 8 2014
Orogen Gold strikes it lucky in Armenia
LONDON (ShareCast) – Shares (Frankfurt: DI6.F – news) in precious
metal explorer Orogen Gold sparkled by a quarter after it made a
“substantial” find in southern Armenia.
The stock jumped 0.03p or 24% to 0.16p at 10:36 in London after Orogen
reported the discovery of wide zones of gold mineralisation at its
Mutsk gold project and said it was continuing to drill.
Chief executive Ed Slowey said: “This new phase of drilling has
confirmed our earlier belief that we have made a substantial gold
discovery at Mutsk. We believe we have only just begun to test the
potential of this discovery and are hopeful of further positive
results over the coming weeks.”
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