11:31 AM EST - Orca Gold Inc. : Provided a summary of its exploration activities for 2015 and to announce that its Board of Directors has approved the commencement of a Preliminary Economic Assessment on its 70% owned Block 14 project in the Republic of the Sudan. In each of the last three years, Orca has discovered significant gold prospects on Block 14: Galat Sufar South in 2013, Wadi Doum in 2014 and Liseiwi in 2015. To date, Orca has defined an Indicated Resource of 27.6Mt grading 1.83g/t for 1.63 million ounces of gold and an Inferred Resource of 10.3Mt grading 1.8g/t for an additional 0.6 million, based on a 1g/t cut-off grade. Orca Gold Inc.
shares V.ORG are trading unchanged at $0.13.
