GOLD: Orefinders cuts bonanza grades at Mirado

ONTARIO – Orefinders Resources of Vancouver is living up to its name by drilling 9.50 metres at 49.2 g/t Au including 1.00 metre at 559.0 g/t Au at its Mirado gold property near Kirkland Lake.

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ONTARIO – Orefinders Resources of Vancouver is living up to its name by drilling 9.50 metres at 49.2 g/t Au including 1.00 metre at 559.0 g/t Au at its Mirado gold property near Kirkland Lake.

Other high grade intersections were cut near surface and at depth: 8.75 metres at 7.50 g/t Au including 1.50 metres at 42.7 g/t Au, 4.50 metres at 6.50 g/t Au, and 6.00 metres at 6.32 g/t Au.

Longer, lower grade cores were also drilled: 22.40 metres at 1.41 g/t Au, 17.50 metres at 2.41 g/t Au, 11.40 metres at 2.58 g/t Au, and 31.40 metres at 2.39 g/t Au including 19.50 metres at 3.65 g/t Au.

Orefinders has optioned the Mirado property from Micon Gold and plans to acquire 100% ownership by making $150,000 in cash payments to Micon and performing $2.0 million worth of work on the property. The agreement also gives Orefinders the right to purchase all or part of the net smelter royalty for a predetermined price.

A drill hole location map that includes all of the Phase 1 drill holes and Phase 2 drilling to date is provided on the Orefinders website at Orefinders.ca under a section called "Core Shack."

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