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Orefinders Acquires 31% of Mistango River Resources from Osisko Gold Royalties
Orefinders Acquires 31% of Mistango River Resources from Osisko Gold Royalties Can...
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[{"type":"text","content":"\n\n\n\nOrefinders Acquires 31% of Mistango River Resources from Osisko Gold Royalties\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prngen3{\nBORDER-TOP:black 1pt solid; BORDER-RIGHT:1pt; VERTICAL-ALIGN: MIDDLE; BORDER-BOTTOM:black 1pt solid; TEXT-ALIGN: CENTER; PADDING-LEFT:0.50em; BORDER-LEFT:1pt; PADDING-RIGHT:0.50em\n}\n.prngen5{\nBORDER-TOP:1pt; BORDER-RIGHT:1pt; VERTICAL-ALIGN: BOTTOM; BORDER-BOTTOM:black 2pt double; TEXT-ALIGN: RIGHT; PADDING-LEFT:0.50em; BORDER-LEFT:1pt; PADDING-RIGHT:0.50em\n}\n.prngen2{\nBORDER-TOP:1pt; BORDER-RIGHT:1pt; VERTICAL-ALIGN: BOTTOM; BORDER-BOTTOM:1pt; TEXT-ALIGN: CENTER; PADDING-LEFT:0.50em; BORDER-LEFT:1pt; PADDING-RIGHT:0.50em\n}\n.prngen6{\nBORDER-TOP:1pt; BORDER-RIGHT:1pt; VERTICAL-ALIGN: BOTTOM; BORDER-BOTTOM:black 2pt double; TEXT-ALIGN: CENTER; PADDING-LEFT:0.50em; BORDER-LEFT:1pt; PADDING-RIGHT:0.50em\n}\n.prngen4{\nBORDER-TOP:1pt; BORDER-RIGHT:1pt; VERTICAL-ALIGN: BOTTOM; BORDER-BOTTOM:black 1pt solid; TEXT-ALIGN: CENTER; PADDING-LEFT:0.50em; BORDER-LEFT:1pt; PADDING-RIGHT:0.50em\n}\n.prntblns{\nBORDER-TOP: 1pt; BORDER-RIGHT: 1pt; BORDER-COLLAPSE: collapse; BORDER-BOTTOM: 1pt; BORDER-LEFT: 1pt\n}\n\n\n\n\n\n\n\nCanada NewsWire\nTORONTO, May 3, 2019\n\n\n\n TORONTO, May 3, 2019 /CNW/ - Orefinders Resources Inc. (\"Orefinders\" or the \"Company\") (TSX.V: ORX) is pleased to announce that it has acquired 11,850,000 shares of Mistango River Resources (\"Mistango\") (CNX: MIS), or over 31% of the shares outstanding, from Osisko Gold Royalties Ltd (\"Osisko\") in exchange for issuing 5 million Orefinders shares to Osisko. Mistango owns a series of assets including the past producing Omega Gold mine, located 5km west of Orefinders' McGarry Mine project, and 15km northeast of Orefinders' Mirado project. \nAbout Mistango's Omega Project\nThe Omega Mine produced over 215,000 ounces of gold between 1935 and 1947. Omega's NI 43-101 resource estimate was completed in 2013, consisting of an indicated resource of 4.92 million tonnes grading 1.39 gpt gold (219,808 ounces), and an inferred resource of 4.69 million tonnes grading 2.43 gpt gold (365,...