Category: Uncategorized
Oro Gold Resources Ltd. (“Oro Gold”) (TSX-V: OGR) is pleased to report a 119% increase in the inferred resource at its 100-per-cent-owned Trinidad property. A recently completed 8,300 metre drill program increased the inferred resource from 91,915 ounces (1,624,400 tonnes at 1.76 g/t gold) to 200,930 ounces of gold (4,491,800 tonnes at 1.39 g/t gold), both inferred resources reported at a 0.5 g/t gold cut-off. Assay results of 70 core and reverse circulation drill (RC) holes completed by Oro Gold were included in the updated resource model.

The increase in the gold resource is based on discovering new gold-bearing zones outside of the Taunus open pit, and expanding zones that were not completely closed-off by the previous operator, Eldorado Gold Corp. Approximately 64% of the resource increase is derived from a discovery located approximately 100 metres to the northeast of the historic pit, starting at 80 metres below surface. The RC drill holes in this area returned significant intervals of 1.45 g/t gold over 78.0 metres in RC-23, 3.30 g/t gold over 30.0 metres in RC-25, and 1.45 g/t gold over 44.0 metres in RC-30 (previously reported in Oro Gold’s press release dated March 17, 2008). A total of 1,244,741 tonnes of 1.73 g/t gold (using a 0.5 g/t gold cut-off) for 69,232 inferred gold ounces was estimated in this new zone. The average grade of this zone is 25% higher than the overall average grade of the reported resource. The zone is open in three directions and will be the focus of future drilling. A summary of the updated National Instrument 43-101 (“NI 43-101”) Trinidad resource estimate is provided in the following table.

Inferred Mineral Resource Estimate at a 0.5 g/t Au cut-off
Area	Tonnage        Gold Grade      Gold Content
        (tonnes)	(g/t)	          (oz.)

Taunas	3,781,700	1.43	          173,306
Colinas	710,100	        1.21	          27,624
Total	4,491,800	1.39	         200,930
“The discovery of this new zone is very significant. It is a completely blind discovery which dips below the historic pit and is wide-open in three directions,” commented Frank Powell, Vice President of Oro Gold. “The outcome of this resource estimate confirms that we are on-track to increase our gold resource base at a very low cost. We are looking forward to the next round of drilling this summer to expand on the new zones and to test additional targets that have the potential to increase the resource.”

Marc Jutras M.A.Sc., P.Eng., a qualified person as defined by NI 43-101, was responsible for the mineral resource estimate and has reviewed and approved the information of a scientific or technical nature in this news release. Mr. Jutras is independent of Oro Gold for the purposes of NI 43-101. The resource estimate is classified as an inferred mineral resource, consistent with the CIM definitions referred to in NI 43-101. The mineral resource estimate is derived from a total of 284 RC and diamond drill holes, with 214 holes from Eldorado Gold Corp. (previous operator) and 70 holes from Oro Gold. The drill hole spacing ranges from 20 to 75 metres throughout the project area. The mineral resource was estimated by ordinary kriging within a 3-D mineralization envelope of gold grades > 0.2 g/t with similar geological characteristics in terms of alteration and mineralogy. Additional diamond drilling is planned to fully characterize the geological controls on gold distribution in order to advance the mineral resource estimate into categories of higher confidence levels. The inferred mineral resource is believed to have a reasonable expectation of economic extraction based on its proximity to surface and to the past-producing open pit.

Oro Gold intends to file an independent NI 43-101 technical report in respect of the updated resource estimate on the SEDAR website at www.sedar.com by the end of June 2008. Mineral resources, which are not mineral reserves, have not demonstrated economic viability. Oro Gold is not aware of any environmental, permitting, legal, title, taxation, socio-political, marketing or other issues, which may materially affect its estimate of mineral resources.

About Oro Gold

Oro Gold is a gold exploration company with 12 properties located in Mexico and Panama, with 5 of the properties optioned to joint venture partners. The district-scale Trinidad property continues to be Oro Gold’s top priority project and the main focus of exploration and resource definition efforts. Ongoing generative activity and a joint venture strategy will continue to be a fundamental part of Oro Gold’s growth. Oro Gold’s mission is to build shareholder value by making discoveries and developing low-cost gold resources through early and advanced stage exploration.

ON BEHALF OF THE BOARD OF DIRECTORS

Darren Bahrey,
President and CEO

Suite 1400-625 Howe Street, Vancouver BC V6C 2T6 Telephone: 604 646-1580 Facsimile: 604 642-2411 www.orogoldresources.com

The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.

Some statements in this release may contain forward-looking information. These statements include, but are not limited to, statements with respect to future exploration, development and production activities and future expenditures. These statements address future events and conditions and, as such, involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the statements. Such factors include, among others, the time and success of future exploration, development and production activities and the timing and amount of expenditures.