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Orefinders Receives Drill Permits for Mirado, McGarry and Knight Projects
Orefinders Receives Drill Permits for Mirado, McGarry and Knight Projects Canada N...
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[{"type":"text","content":"\n\n\n\nOrefinders Receives Drill Permits for Mirado, McGarry and Knight Projects\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\n\n\n\n\n\n\nCanada NewsWire\nTORONTO, March 7, 2019\n\n\n\nTORONTO, March 7, 2019 /CNW/ - Orefinders Resources Inc. (\"Orefinders\" or the \"Company\") (TSX.V: ORX) is pleased to announce it has received drilling and exploration permits for all three of its properties, Mirado, McGarry and Knight Projects. These permits are valid for a period of three years.\n\"We spent a good portion of 2018 compiling large amounts of data from each of our projects to fully understand what work has been completed, its results and what that represents. This compilation was used to design these drill programs, which are now fully permitted,\" said Stephen Stewart, Orefinders' CEO, who continued.  \"In that past, we have been cautious on exploration budgets as we firmly believed that the cost of capital has been too high, and the market was not rewarding good drill results. This equalled a poor environment for us to deploy capital to onto our properties, hence our acquisition strategy as of late. However, we are starting to see positive signs as metals prices strengthen and it's clear we are amid a mergers and acquisitions wave. We are not saying that we are there today, but this signals a shift towards exploration and we are now completely ready for when that day comes.\" \nDetails on Each of Orefinders Projects are Available Here:\nKnight Project Presentation McGarry Project Presentation Mirado Project PresentationOrefinders Corporate Presentation:\nOrefinders Corporate PresentationAbout Orefinders Resources Inc.\nOrefinders is a Gold exploration and development company focused exclusively within the Abitibi Greenstone Belt. The Company is listed on the Toronto Venture Exchange under the symbol ORX.  In addition to the property assets listed above, Orefinders owns over 16% in Power Ore (PORE:TSXV).\nNeither TSX Venture Exchange nor its Regulation Services Provider (as that term is define...