Orogen Gold plc (formerly Medavinci plc) is a UK public company quoted on the London Stock Exchange AIM market The company�s main activities are focused on mineral exploration and production in Europe.
The Company is incorporated in England & Wales and its business is managed from London and Dublin.

The Deli Jovan gold exploration project in Serbia is the Company�s main operational project.

Directors
John Barry 6.12%
Ed Slowey 6.07%
Alan Mooney 4.36%
Michael Nolan 4.36%
Adam Reynolds 4.90%

Orogen Work Plan

Orogen�s exploration objective for Deli Jovan is to demonstrate the potential for a minimum 500,000 ounce gold resource, with scope for substantial additional resources. Orogen will target a maiden inferred resource of 100,000 ounces of gold which would support an initial two to three years of production at an annualised rate of 30,000 to 40,000 ounces of gold. Subsequent drilling and sampling will be aimed at further extending the resource base to support a continuing mining operation. This will be achieved through re-opening and detailed mapping and sampling of the old mine workings and diamond drilling to confirm and extend the Rusman and Gindu�a deposits.

Subject to the outcome of the initial work phase, a follow-up programme is proposed comprising 20,000m of diamond drilling to delineate a maiden inferred resource of 100,000 ounces of gold sufficient to support two to three years of production based on a preliminary economic assessment.

Chairman Adam Reynolds said, 'We have a very exciting gold project in Deli Jovan which I believe will significantly enhance shareholder value and additionally we are reviewing a number of other mineral exploration opportunities in Europe and Asia that are at varying stages of advancement.
Web Site
http://www.orogengold.com/
Orogen Gold, Gold_Strategy_
http://www.medavinciplc.com/files/medavinciplc.com/Medavinci_plc_Gold_Strategy_October_2010.pdf
Reservoir The Company MVC Acquired the project Reservoir Retains 25%
http://www.reservoircapitalcorp.com/s/DeliJovan.asp
Results of Soil Sampling Programme and Deli Jovan Project Update 3 OCT 2011
http://www.orogengold.com/wp-content/uploads/orogen-_pr_3102011.pdf
Company Presentations Nov 2011
http://www.orogengold.com/wp-content/uploads/OrogenPresentationNov2011.pdf
FaceBook
http://www.facebook.com/pages/Orogen-Gold/168420376544173

Sampling results audiocast Tue, 01 May 2012, 2:00pm GMT
http://www.brrmedia.co.uk/event/96697/ed-slowey-chief-executive-officer?popup=true

Orogen Gold all set for Monday 6 March previously Medavinci for the launch of the new name and Strategy to becoming a Gold producer.

The thread should work apart from the Chart that I will sort out later.

Previous thread

http://www.moneyam.com/InvestorsRoom/posts.php?tid=15489#lastread

From the previous thread


Post from the other side who attended the meeting 4 March courtesy of apavlovic

All,

I have attended the meeting this morning and was unfortunately the only private share holder to do so. There were several people form MVC, NOMAD, brokers etc.

As you know all resolutions proposed by the company were passed without any objections.

In addition to the info you already know I have picked up the following:

Obviously top priority for the company is Gindusa and Ruslan mines.
They have received forrestry permit this morning. They have a very good network in Serbia and I have spoken to John Barry from Orogen regarding their future plans.

As you know they are targeting 100k oz and undertaking detailed structural mapping,

He said it would not be cost effective at this stage to go beyond the 100k planned. Target is 10g per tonne and current prices break even is around 3 4g per tonne.

Grades are excellent and made the point that this mining operation is about quality V.s quantity. It is about mining selectively, narrow corridors under ground. There is of course potential for wider widths and this will be looked into later. Key now is to mine @500T/day.

I have a very good feeling about this project because I know form the local contacts who cannot see this not going commercial. John Barry said that this project is ideally suited for a smaller company like them and would never be cost effective for a large company. Therefore keep in prospective some of the press reports about a world class mine etc. need to keep this into context. It is not going to be BOR which is next door, different ball game.

I think what they have going here is the local expertise. Some of the names of the geologists like Alex Obrenovic and couple of others who have local expertise. Alexs father used to work in the ministry so obviously well networked. For that matter so am I and can confirm that I do not see any corruption or delays which is something typically to be expected in Eastern Europe not to mention some other countries. Western companies in particular are very welcome in Serbia and the board have absolutely confirmed that. They were able to meet with the minister of mining at short notice and in some countries that would take ages. Been very welcomed!

Do not underestimate local expertise in Serbia and their geologists. A lot of work was done my Serbians abroad in particular countries like Mozambique (see BAO) board. Therefore the costs structure using locals will be in our favour. I should also mention and they agreed that that this mine was ignored previously ignored for political reasons. Gold was associated with Capitalism!!!

Where do we go from here? Mine has not been accessed due to adverse weather conditions being winter time. They have received approvals to do so now and are planning a trip there over the next couple of weeks when snow melt will start. They are flying in a Spanish named geologist to assess the Health ands Safety aspect before any work can be undertaken eg sampling. As you all know the mine was abounded due to water problems and we do not understand the extent of that issue now. Perhaps someone with more knowledge can comment on this and to me this is my only worry at present (unknown).

John is a very knowledgeable guy and very approachable and pleasant person. I will drop him an e mail and keep in touch and offered to help them. We had a little banter when I told him about my background so hopefully we can build a little rapport. I am gong there hopefully for Easter holidays and will of course go there to visit and take a few photos liasie with guys and see what else I can find out.

Must not forget about future plans. They confirmed they are in talks and looking at new projects. He hinted in advance talks on some but do not expect RNS in the near future. They are looking at new projects in mining further east. Hopefully not Uzbekistan.

There is clearly lots of opportunity for them. I am very comfortable with John but be frank not sure about the others and their knowledge. Got an impression they are new to this all.

Not sure what everyone expects on Monday but apart fro a change of ticker and a new web site. That is all from me and if any questions please ask. I felt a bit funny being the only one to ask anything so did not want to hijack the meeting and left after being there for 35 mins.

Hopefully wil get sme press exposure in Serbia because so far there has been none and for a very valid reason. Why advertise medavinci.

For the record I post as Sasa on iii but mainly on MSB board although we do not have at thread (yet)

Hey! Where d'you get that picture of gold bars from Driver? You been looking in my safe?!! :o)

(I wish!)

Fingers crossed for ORE. Still holding, with the intention to add.

Thanks for the thread by the way!

kimoldfield

Cheers kim I thought I was on my own on here we might see some action next week when Orogen becames known in the gold sector.

A golden opportunity for them! :o)

kim

Bugger them, you mean us. Are you holding sar.

Haha! Yes holding SAR, take a look at my last post!

The new name change has bunged up the works by the look of things and ORE is still under the radar except for the chosen few, patience is required here and a good chance to top up if they will let you.

Also the ticker is still showing Aricom, which no longer exists as it was absorbed into Peter Hambro mining (POG).

HC

Yes and a 97% drop and thats just today, same again tomorrow and I will owe them money.

On the up and the thread is working now including the chart just got to sort out the ticker its still showing for Aricom after yesterdays name change.

Trades board doesn't make me want to buy at the mo, all sells and no buy's could be a lower sp to get in.

Balerboy

Just done a dummy buy trade and you can buy at .86 - .87 so they are all buys today on the trade board.

Maybe, but can't see why your excited about this, 500t max 10months a year working then shut down because of winter.....why should sp go flying?

Balerboy


The soil geochemical sampling have been delayed due to the weather there could be a lot more gold down there and excisable with new mining techniques, also the directors have put a lot of their own money into ORE that is always a good sign. ORE also have future plans and have confirmed they are in talks and looking at other new projects.

This is not on the pis radar yet it has only just had a name change yesterday and just joined the mining sector from the service sector early days get in while its still cheap.

From the other side courtesy of ffastfill

Reasons for optimism:

(1) Deli Jovan has never been properly explored and could contain far
more reserves than anticipated and be put into production on a quick
comparitive timescale.Orogenic rock formations held within Quartz are
historically the most productive geological conditions for major gold
mining operations and ALWAYS throw up suprises (normally good ones).
As found in mother lode and norseman in such places as California.

(2) Orogen have assembled a very experienced well connected board
of directors who have already stated "more aquisitions is a goal".And
from initial observations seem to be very careful in choice of
investments and shareholders funds.

(3) They have a funded programme so any resource updates or official
JORC statements will propel the shareprice.If a significant find is made
orogen could easily grow as quickly as some of its peers in sector have
done in the last 12 months.

(4) On a lighter note - the website is not golden! and perhaps unfairly
portrays a bad image of what looks a solid prospect.


A re-cap on the results so far released,very encouraging given the
small percent of mine and licence zone tested!


RUSMAN ADIT COLLAPSE ZONE

Sample No 1 :98.8 Au g/t
Sample No 2 :3.16 Au g/t
Sample No 3 :0.59 Au g/t
Sample No 4 :30.6 Au g/t
Sample No 5 :84.6 Au g/t

GINDUSA UNDERGROUND SAMPLING

No of Samples: Average Au (g/t)
8 0.3 1.0 : 9.71
5 0.4 0.5 :10.57
3 0.4 0.5 :17.15
5 0.5 1.0 :18.82

Sampling by reservoir.
Major shear zone-hosted vein system
Rusman grab samples from u/g collapse zone average ~40g/t gold
Gindua u/g channel samples average between 9.7 - 18.8 g/t Au
.along vein segments up to 38m in length.

I shall have to have a word with mam, nothing but red sells but driver will tell me they'er all buys.,.

Balerboy

If they were all sells this would be 10-20% down over the last few days do a dummy buy and you will find out. p.s this is also traded on Plus.

I'm sure there are plenty of shares to buy........selling when YOU want too might be different.,.