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Gold-Ore Resources Ltd.

Publié le 15 mai 2008

Acquires Norrliden Poly-metallic Deposit

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Mots clés associés :   Canada | Copper | Nickel | Precious Metals | Zinc |
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Gold-Ore Acquires Norrliden Poly-metallic Deposit
======================================================================

Gold-Ore Resources Ltd. ("Gold-Ore") is pleased to announce that it has
entered into an agreement to purchase a 90% interest in the Norrliden
poly-metallic deposit from North Atlantic Natural Resources AB ("NAN"),
a subsidiary of Lundin Mining Corp. The agreement is subject to the
exchange of closing documentation and TSX Venture Exchange approval.
Norrliden is a near-term production, base and precious metals deposit,
located approximately 45 kilometres west of Gold-Ore's Bjorkdal gold
mine in the prolific Skelleftea greenstone belt in Sweden. The
concessions that cover the deposit are approximately 650 hectares in
area.

Gold-Ore will make a one time payment of three million common shares
for the 90% interest in Norrliden and will be operator of all work
programs. If a production decision is made, Gold-Ore will pay an
additional consideration of CDN$2.5 million and issue $2.0 million
equivalent in common shares based on the average closing price of
Gold-Ore common shares for 20 days prior to the date of the production
decision.

The remaining 10% ownership in the Norrliden Project is held by IGE
Nordic AB ("IGE Nordic") a Stockholm-based public company that trades
on the Oslo Axess Stock Exchange. IGE Nordic is a well-funded
exploration company with a quality portfolio of nickel, gold and copper
prospects in Norway and Sweden. Gold-Ore looks forward to working
closely with its new partner.

The Norrliden deposit consists of two near-surface lenses of massive
sulphide mineralization containing copper, zinc, lead, gold and silver
hosted by a volcanic package of rocks. This is the classic setting for
poly-metallic mines in the Skelleftea camp. The mineralized horizon
remains open to depth. The deeper of the two lenses has been drilled to
300 metres below surface. Mineralization in the camp commonly extends
to below 1000 metres.

Highlights of the project are as follows:

- Mine Plan study completed in March 2007 for NAN by GijimaAst
Americas Inc. of Calgary, Canada; a NI 43 101 compliant report has
been commissioned and work on a feasibility study to verify the Mine
Plan will begin in the fourth quarter of this year
- Resource is defined by over 100 diamond drill holes and remains
open for expansion
- Measured and indicated resource of 1.48 million tonnes grading
0.63 g/t gold, 50.8 g/t silver, 0.74% copper and 3.54% zinc and
inferred resources of 0.87 million tonnes grading 0.40 g/t gold,
30.9 g/t silver, 0.72% copper and 1.87% zinc. Resources were prepared
for NAN by Adam Wheeler (this estimate will be verified by Gold-Ore)
- Initial starter pit permitted for extraction of 63,000 tonnes of
mineralized material
- Excellent infrastructure including roads and hydropower
- Low capital expenditures required for production

"The Norrliden Project fits well with Gold-Ore's strategy of expanding
its activities in Sweden with potential additional near-term production
and near-term cash flow" said Glen Dickson, Gold-Ore's Chairman. "An
initial open cut planned for this summer will provide a bulk sample for
test milling and underground access. Revenue generated from the sample
will help to offset development costs. The availability of
infrastructure and third-party processing facilities will facilitate
development."

Gold-Ore Resources is a mineral exploration development company with
operations currently focussed in the country of Sweden. In addition to
the recently purchased Bjorkdal gold mine, Gold-Ore also has two other
exploration properties in the country, the Ronnberget Property
(adjacent to Bjorkdal) and the Vallberget Property.

For further information please contact Glen Dickson, Robert Wasylyshyn
or Ron Ewing at (604) 687-8884. Robert S. Wasylyshyn; P. Geo. is the
Company's Qualified Person for the Norrliden Project.

On Behalf of the Board

Glen Dickson, Chairman


The TSX Venture Exchange has not reviewed and does not accept
responsibility for the adequacy or accuracy of this release. This news
release may contain forward-looking statements including but not
limited to comments regarding the timing and content of upcoming work
programs, geological interpretations, receipt of property titles,
potential mineral recovery processes, etc. Forward-looking statements
address future events and conditions and therefore, involve inherent
risks and uncertainties. Actual results may differ materially from
those currently anticipated in such statements.

======================================================================
Copyright (c) 2008 GOLD ORE RESOURCES LTD. (GOZ) All rights reserved.
For more information visit our website at
http://www.goldoreresources.com/ or send mailto:info@goldore.ca
======================================================================
.
Données et statistiques pour les pays mentionnés : Canada | Tous
Cours de l'or et de l'argent pour les pays mentionnés : Canada | Tous

Gold-Ore Resources Ltd.

PRODUCTEUR
CODE : GOZ.TO
ISIN : CA3809811001
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Gold-Ore Res. est une société de production minière d'or basée au Canada.

Gold-Ore Res. est en développement de projets d'or, d'argent, de cuivre, de plomb et de zinc en Suede, et détient divers projets d'exploration en Suede.

Son principal projet en production est BJÖRKDAL en Suede, son principal projet en développement est NORRLIDEN en Suede et ses principaux projets en exploration sont VALLBERGET et RONNBERGET en Suede.

Gold-Ore Res. est cotée au Canada. Sa capitalisation boursière aujourd'hui est 69,2 millions CA$ (67,3 millions US$, 51,1 millions €).

La valeur de son action a atteint son plus bas niveau récent le 23 novembre 2001 à 0,04 CA$, et son plus haut niveau récent le 31 décembre 2010 à 1,14 CA$.

Gold-Ore Res. possède 85 467 000 actions en circulation.

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Rapports annuels de Gold-Ore Resources Ltd.
2007 Annual Report
Financements de Gold-Ore Resources Ltd.
14/07/2008Closes Private Placement
18/06/2008Announces a Non-Brokered Private Placement for up to $3,000,...
Attributions d'options de Gold-Ore Resources Ltd.
14/01/2008Appointment of Vice President-Mining, Granting of Stock Opti...
Nominations de Gold-Ore Resources Ltd.
19/04/2011Announces Appointment of New CFO
01/04/2010Appoints Financial Advisor
10/04/2008Appointment of Vice President -- Corporate Affairs
Rapports Financiers de Gold-Ore Resources Ltd.
14/10/2011Announces Record Earnings for Third Quarter 2011
14/07/2011Announces Earnings of C$3.0 million in Second Quarter, 2011
18/04/2011Announces Earnings of C$1.0 million in First Quarter, 2011
01/03/2011Announces Earnings of C$6.7 million in 2010
13/07/2010Reports Strong Earnings in Second Quarter, 2010
17/06/2010(Björkdal)Reports Record Gold Production in Second Quarter
17/03/2010(Björkdal)First Quarter Operational Results
08/03/2010009 & Fourth Quarter Financial Results
09/03/2009Announces Bjorkdal First Quarter Operational Results
06/05/2008Reports Operational Results for the First Quarter of 2008
Projets de Gold-Ore Resources Ltd.
01/05/2012Elgin Mining and Gold-Ore Resources Announce Results of Shar...
12/04/2012Drills a Significant Extension to the Bjorkdal Gold Mine
09/06/2011(Björkdal)Announces Increased Gold Production in Second Quarter
29/05/2011(Björkdal)Releases Underground Drill Results at Bjorkdal Gold Mine
16/05/2011(Björkdal)Provides Exploration Update
15/03/2011Announces First Quarter Gold Production and 2011 Production ...
13/08/2010(Björkdal)Provides Update On Underground Mining
28/07/2010(Björkdal)Commences Surface Exploration Drilling
29/06/2010(Björkdal)Continues to Extend Mine Life
20/05/2010(Björkdal)Exploration Plans
25/01/2010(Björkdal)Reports Underground Drill Results at Bjorkdal
09/12/2009Fourth Quarter and 2009 Year End Production Results
09/11/2009(Björkdal)Reports Underground Drill Results & Future Drill Plans at Bj...
08/09/2009(Björkdal)Bjorkdal Gold Mine - Underground Drill Results
04/02/2009(Björkdal)Announces Expansion Plans at Bjorkdal Gold Mine
04/02/2009(Björkdal)Gold-Ore Announces Expansion Plans at Bjorkdal Gold Mine
14/01/2009(Björkdal)Announces December Gold Production at Bjorkdal
12/11/2008(Björkdal)Continues to Increase Gold Production at Bjorkdal
17/06/2008(Björkdal)Announces Central Tunnel Drill Results - Bjorkdal, Sweden Ev...
09/04/2008(Björkdal)Bjorkdal Gold Mine, Sweden -- Project Update
12/03/2008(Björkdal)Increase At Bjorkdal Mine, Sweden
10/01/2008(Björkdal)Project Update and 2008 Plans
02/01/2008(Björkdal)Bjorkdal Gold Mine - Purchase Closes
01/10/2007(Björkdal)Swedish Property Acquisition
24/09/2007(Björkdal)Bjorkdal Gold Mine - Central Tunnel Drill Results
17/07/2007(Björkdal)Bjorkdal Gold Mine -- Underground Drill Results
18/06/2007(Björkdal)Independent Feasibility Study at Bjorkdal Gold Mine Underway
08/05/2007(Björkdal)Commencement of Test Mining at Bjorkdal Gold Mine
26/04/2007(Björkdal)Bjorkdal Gold Mine - Additional Drill Results
Communiqués de Presse de Gold-Ore Resources Ltd.
10/04/2012Elgin Mining and Gold-Ore Resources Announce Shareholder Mee...
27/03/2012Announces Significant Increase in Proven & Probable Reserve ...
13/03/2012Announces First Quarter Gold Production
05/03/2012Reports Increase in Gold Resource Estimates at Bjorkdal Gold...
27/02/2012Announces Earnings of C$12.3 million in 2011
01/02/2012Elgin Mining and Gold-Ore Resources Announce Merger Creating...
17/12/2011Astur Gold And Gold-Ore Resources Announce $150 Million Merg...
14/12/2011Reports 2011 Year-End and Fourth Quarter Production Results ...
14/09/2011Announces Third Quarter Gold Production
13/07/2010Contracts Windward Agency
17/05/2010Begins Trading on TSX Senior Board
10/05/2010Lists on TSX Senior Board
31/10/20093RD Quarter Financial Statements
19/02/2009Email To Shareholders
07/01/2009Announces Positive Tellurium Metallurgical Studies
15/05/2008Acquires Norrliden Poly-metallic Deposit
19/11/2007Bjorkdal Gold Mine - Exercise of Option to Purchase
08/11/2007Vallberget Property Acquisition - Bergslagen District, Swede...
31/10/2007 3rd Quarter Report for the period ending August 31, 2007
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